This year, Baku hosts the annual summit, which brings together representatives from more than 195 countries to discuss global climate action. This year, the issue of decarbonization will also be prioritized in the discussions taking place along pre-set topics, i.e. the reduction of greenhouse gas (GHG) emissions, among other things.
That is why Schneider Electric launched in 2021 the Schneider Sustainability Impact (SSI) program, which is globally present in 11 countries and formulated more than 200 local objectives until 2025. Approaching the end of the year, according to their quarterly report, they achieved significant results this year as part of their sustainability program:
They have already achieved 7.29 out of the maximum possible 10 points, which means that they are well on their way to achieving the 7.40 goal at the end of 2024.
The company created the metric to evaluate the fulfillment of sustainability goals, where each key performance indicator (KPI) is evaluated on a 10-point scale.
The high score two important milestones based on the fulfillment of:
- The company exceeded its goal of providing 50 million people with access to green and reliable energy more than a year ahead of its 2025 deadline. In Kenya, Nigeria and India, for example, new hybrid solar solutions have been installed in healthcare facilities, and in India more than 700 schools have been supplied with clean energy.
- It has also crossed a major milestone in its efforts to promote learning, training and development, having already trained more than 763,000 people in energy management.
Thanks to these results, Schneider Electric finished first in the rankings compiled by TIME magazine and Statista “The world’s most sustainable companies 2024” on the leaderboard. This recognition also shows that the company is taking a leading role in climate protection by setting ambitious goals and supporting its customers to increase their energy efficiency and reduce their emissions.
Being named to the top of TIME magazine’s list of the most sustainable companies shows the sense of purpose and commitment needed to decarbonize value chains and develop business models. We have a year and a half to reach our 2025 sustainability goals, and in each of our future-shaping global and local initiatives, we continuously and consciously build on our results in order to achieve a truly long-term impact
– emphasized Xavier Denoly, Schneider Electric’s vice president responsible for “Sustainability Development”, upon receiving the award.
The cover image is an illustration. Cover image source: Portfolio
Source: www.portfolio.hu
