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On the Fortune List for the fifth time

16. February 2022
in News, Processing Technologies

The com­pa­ny in the dig­i­tal trans­for­ma­tion of ener­gy man­age­ment and automa­tion Schnei­der Elec­tric, has secured a place on For­tune mag­a­zine’s “World’s Most Admired Com­pa­nies List” for the fifth year in a row. Schnei­der Elec­tric even made it to the podi­um in the elec­tron­ics indus­try rank­ing: The tech com­pa­ny’s high lev­el of com­mit­ment to enabling greater sus­tain­abil­i­ty with the help of elec­tri­fi­ca­tion and dig­i­tal­iza­tion is demon­strat­ed by its third place rank­ing. Schnei­der Elec­tric was par­tic­u­lar­ly con­vinc­ing in the cat­e­gories of inno­va­tion, prod­uct qual­i­ty and service.

“Being named one of the most pres­ti­gious com­pa­nies in the world is a spe­cial hon­or and reflects our ambi­tious goals and our com­mit­ment to sus­tain­abil­i­ty and inno­va­tion. As #SEG­reat­Peo­ple, we will con­tin­ue on our cho­sen path. We want to make progress and sus­tain­abil­i­ty com­pat­i­ble for everyone.”

- Charise Le, Chief Human Resources Officer

Recent acco­lades earned by the tech com­pa­ny include ini­tia­tives such as the Schnei­der Sus­tain­abil­i­ty Impact (SSI), launched in 2005, which com­mits the com­pa­ny to its ambi­tious sus­tain­abil­i­ty efforts over the long term and declares 11 spe­cif­ic goals by 2025. In addi­tion, Schnei­der Elec­tric has once again sig­nif­i­cant­ly expand­ed its Ener­gy & Sus­tain­abil­i­ty Ser­vices (ESS) and, not least, sup­ports its sup­pli­ers in their efforts to halve their CO2 con­sump­tion by 2025.

The Fortune Ranking

For­tune’s annu­al rank­ing of the “World’s Most Admired Com­pa­nies” is based on a sur­vey of the glob­al For­tune 500 com­pa­nies with the largest sales in their respec­tive indus­tries. To deter­mine the top per­form­ers in 52 indus­tries, 3,820 CEOs, direc­tors and ana­lysts are asked to rate the com­pa­nies on nine cri­te­ria.  These include invest­ment val­ue, the qual­i­ty of man­age­ment and prod­ucts, social respon­si­bil­i­ty and the abil­i­ty to recruit new talent.

Multiple awards for sustainability

The des­ig­na­tion as one of the world’s most respect­ed com­pa­nies fol­lows a series of out­stand­ing results in sus­tain­abil­i­ty rank­ings: For exam­ple, win­ning the Ger­man Sus­tain­abil­i­ty Award, being named to Cor­po­rate Knights’ Glob­al 100 list of the world’s most sus­tain­able com­pa­nies for the eleventh year in a row, and again being includ­ed in the Cli­mate Change A‑list of the Car­bon Dis­clo­sure Project (CDP) or the Dow Jones Sus­tain­abil­i­ty World Index.

Foot­print scores. Prod­ucts made from this pow­er raw mate­r­i­al are par­tic­u­lar­ly durable and resis­tant — the ide­al basis for high-qual­i­ty switch­es and sock­ets. An inno­va­tion that makes the world a lit­tle better.

Not environmental sinners, but environmental saviors

Indus­try as an evil pol­luter? An out­dat­ed image. Today, respon­si­ble com­pa­nies like Schnei­der Elec­tric are using their poten­tial to save the environment.

The group has already been ful­fill­ing its sus­tain­abil­i­ty oblig­a­tions for 15 years and is rais­ing the bar year by year. The com­mit­ment to a more cli­mate-friend­ly world, the eco­nom­i­cal use of resources and the recy­cling of a wide vari­ety of mate­ri­als have been reward­ed with numer­ous prizes: 2021 award as “The Most Sus­tain­able Com­pa­ny in the World”, also 2021 the “Ger­man Sus­tain­abil­i­ty Award” and var­i­ous oth­er awards that hon­or Schnei­der Elec­tric as a pio­neer in sus­tain­able business.

Like all prod­ucts from Merten, the Merten Ocean Plas­tic series com­bines ambi­tious inno­va­tions with the high­est qual­i­ty stan­dards. For more than 110 years, the com­pa­ny has been con­vinc­ing cus­tomers in more than 130 coun­tries with its design-strong solu­tions. Switch ranges and motion detec­tors that have won numer­ous inter­na­tion­al awards, as well as solu­tions for intel­li­gent KNX build­ing sys­tem tech­nol­o­gy, are pio­neer­ing world­wide. The prod­ucts of Merten by Schnei­der Elec­tric inspire cus­tomers and renowned experts alike.

The Merten Ocean Plas­tic series, which is expect­ed to be avail­able in stores from June 2022, is just one of the com­pa­ny’s many sus­tain­able solu­tions. With its con­sis­tent com­mit­ment to the envi­ron­ment, the com­pa­ny not only assumes respon­si­bil­i­ty, but also cre­ates hope. The cus­tomer him­self decides how sus­tain­ably he designs his home. Eco­log­i­cal change begins with­in one’s own four walls.

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