Schneider Electric, a global leader in digital transformation of energy management and automation,
has made major strides in its sustainability goals, exceeding the year-end target and taking the overall performance for avoiding primary resource consumption to just over 126,000 metric tonne.
Each quarter, Schneider Electric publishes 21 indicators from the Schneider Sustainability Impact (SSI) which measures their progress towards their sustainability commitments from 2018-2020.
These objectives are closely aligned with the United Nations (U.N) Sustainability Development Goals (SDGs) and summarize the extra-financial performance of the Group.
Announcing its financial and extra-financial year results, Schneider Electric said this quarter, its Schneider Sustainability Impact had reached a 7.71 out of 10 score and was confident that it would meet the end of year target through the programmes they have in place.
Gilles Vermot Desroches, Sustainability Senior VP at Schneider Electric, said: "The crisis will not compromise the achievement of our sustainability goals for 2020. We will keep the bar high for our 2030 commitments: to embark our worldwide ecosystem to fight climate change and uphold our responsibilities towards inclusive growth."
"As we continue to respond to those most in need through the Tomorrow Rising Fund - more than one million people so far in 65 countries - our focus for H2 is supporting the recovery of education and training programs. I want to give a special thanks to our employees who are giving so much of their time volunteering to support our local partners," he added.
On its future outlook, Olivier Blum, Chief Strategy & Sustainability Officer at Schneider Electric, said: "This year is pivotal. Whilst Earth Overshoot day has moved to August 22, more than three weeks later compared to last year, we know there is more to do to build a safer, greener and truly inclusive world. Collectively, we need to contribute."
"This is why we have collaborated with like-minded companies on initiatives such as the CEO Initiative for Europe’s Recovery, Reform and Resilience," noted Blum.
"Supporting recovery post Covid-19 is one step but the aim is green recovery for all. The future relies on innovation that brings digital and energy together to fight climate change everywhere, for everyone," he added.