Schneider Electric, a leader in the digital transformation of energy management and automation, has announced the latest results of its sustainable impact program for the second quarter of 2022 (April to June).
Schneider's Sustainability Impact (SSI) dashboard measures the organisation's Environmental, Social and Governance (ESG) performance. Against an end-of-year target of 4.70 out of ten, Schneider has already scored 4.17, revealing the company is making excellent progress towards its sustainability targets. The program is a regular reminder of Schneider Electric's long-term contribution to global and local sustainability endeavours in every community in which it operates globally.
The results follow this year's Earth Overshoot Day (28 July), the date where more of the Earth's resources have been consumed than can be replenished. As this year's Earth Overshoot Day occurred one day earlier than last year, it's a stark reminder of the need to urgently address our impact on the planet.
"We must face the reality of climate change and keep accelerating our sustainability efforts," said Schneider Electric's Pacific Zone President, Gareth O'Reilly. "As an Impact company, we are confident that organisations can help each other achieve net zero targets through technology, collaboration, and trust. Advancing on our Sustainability Impact program is not about ESG compliance. It's about working together with our entire ecosystem of employees, clients, suppliers, and partners to secure a more sustainable future for everyone."
Second quarter 2022 global sustainability highlights
- Schneider Electric's EcoStruxureTM solutions helped customers and suppliers make significant decarbonisation progress and reduce their CO2 emissions by 381 million tonnes since 2018. In June, Schneider Electric and Hitachi Energy agreed to collaborate on green electricity solutions for renewables, data centres, mining and other sectors of industry.
- Schneider Electric just expanded its biodiversity pledge to use only deforestation-free wood across its supply chain and operations by 2030.
- Schneider Electric provided +1.1 million people with access to green electricity in Q2 2022, bringing it to +6.4 million since January 2021.
- In 2022, 82% of Schneider employees said they feel confident enough to report any unethical conduct. A good progress since last year (+1pt) in its commitment to provide a trusted environment and Speak Up culture.
- Schneider Electric launched its Sustainability School to educate employees about climate and social issues and encourage them to take action and deliver impact in every aspect of their lives.
Detailed results and highlights of the SSI program are presented in the Q2 2022 report, which includes the following overview:
Recent sustainability awards and recognition:
- Schneider Electric recognized as the 2022 Microsoft Energy & Sustainability Partner of the Year
- Schneider Electric wins "Water Technology Company of the Year" in Global Water Awards 2022
- Schneider Electric ranks 2nd in Gartner Top 25 Supply Chain
