Close×

Schneider Electric has reached a new record by being listed for the 11th year in a row on the 2021 Dow Jones Sustainability Index (DJSI), reflecting the company’s repeated progress and achievements in the space.

Based on S&P Global’s Corporate Sustainability Assessment, 322 companies across 61 sectors were listed in this year’s DJSI World Index, one of the most renowned global benchmarks of a company’s environmental, social and governance (ESG) performance.

Each year, DJSI selects the top 10 per cent from among around 2500 companies worldwide, representing 45 per cent of global market capitalisation, following an exhaustive ESG performance assessment. 

In 2021, Schneider obtained an 86/100 score, compared with an industry average of 28/100.

The widely recognised sustainability practitioner and enabler recently announced raising the bar on its commitments with new Schneider Sustainability Impact targets for 2021-25, and it monitors and publishes details of its progress every quarter. 

It has also recently reinforced its sustainability consulting arm to support an increasing number of companies and organisations to follow suit. 

Schneider also includes DJSI as one of four external ratings that make up the Schneider Sustainability External & Relative Index (SSERI), which is a tool that measures the company’s sustainability performance with a 25 per cent weighting used to attribute performance shares to the company’s leaders.

Schneider is regularly recognised and listed in rankings, demonstrating its deep commitment as a global leader for climate and inclusion.

Most recently, Schneider was recognised as the world’s most sustainable corporation in 2021 by Corporate Knights, has retained its #1 spot for ESG performance in its sector by the Vigeo Eiris rating agency, and was acknowledged as a Diversity Leader by the Financial Times. 

It has also ranked fourth for international companies and first among EURO STOXX 50 companies on EcoAct’s Climate Reporting Performance leaderboard, and was recognised as a Climate Champion by Challenges, the French weekly business magazine, for reducing its annual Scope 1 and 2 greenhouse gas emissions.

Food & Drink Business

Fonterra has announced Anna Palairet is the new chief operating officer, having acted in the role since June 2023. CEO Miles Hurrell says Palairet has “extensive experience in operational, customer, sustainability, and sales roles”.

Food & Drink Business editor Kim Berry's take on the big news stories this week, and what caught her eye overseas. How will the Future Made in Australia Act actually be delivered? Shanghai trials traffic light labelling, and Solar Food, making protein out of (virtually) nothing at all, opens its commercial scale facility (that's it in the pic).

Food Frontier’s industry leading annual alternative proteins conference, AltProteins 24, is on in Melbourne on 10 October, with early bird tickets now available.