Schneider Electric, the leader in the digital transformation of energy management and automation, today announced the latest results of its Schneider Sustainability Impact (SSI) program and its financial results for the third quarter of 2024.
Rueil-Malmaison, France, Oct. 30, 2024 (GLOBE NEWSWIRE) - Schneider Electric, the leader in the digital transformation of energy management and automation, today announced the latest results of its Schneider Sustainability Impact (SSI) program and its financial results for the third quarter of 2024.
Recently recognized as the World's Most Sustainable Company by TIME and Statista, Schneider Electric's SSI program monitors and measures the company's progress across a range of transformative Environmental, Social and Governance (ESG) targets set for 2025. By tracking its sustainability performance and publishing quarterly results, Schneider Electric keeps the momentum for its 11 global and local ambitions and maintains its industry leadership in corporate social responsibility.
At the end of the quarter, the overall Schneider Electric Sustainability Impact (SSI) score came in at 7.29 out of ten, well on track to reach the 2024 end-year target of 7.40, with two major milestones reached:
Furthermore, Schneider made considerable strides in halving the carbon impact of its top suppliers through its Zero Carbon Project, resulting in a 36% reduction of their operational CO2 emissions. This was facilitated by several renewable energy workshops held in the USA, Europe, and China, as well as over 20 specialized webinars aimed at supporting suppliers in their decarbonization endeavors.
“Our achievements this quarter showcase the scale of our impact, with local projects playing a pivotal role in achieving our ambitious goals,” said Xavier Denoly, Schneider Electric's Senior Vice-President of Sustainable Development. “Despite these great results, our work is far from over. We must further intensify our global decarbonization efforts to mitigate the effects of climate change, benefiting people and planet.”
Find more details about the results and the latest impactful initiatives in the Q3 2024 report of Schneider's Sustainability Impact program, including the progress dashboard:
Other key recognitions and awards achieved during the quarter:
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Schneider Electric Media Relations – global.pr@se.com
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