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Borneo Bulletin Yearbook 2023
Schneider Electric
Schneider Electric’s purpose is to
empower all tomake themost of energy
and resources, bridging progress and
sustainability for all. The company calls
this Life is On, with a mission to be a
digital partner for sustainability and
efficiency.
The
company
drives
digital
transformation
by
integrating
world-leading process and energy
technologies, end-point to cloud
connecting products, controls, software
and services across the entire lifecycle.
Schneider Electric enables integrated
company management for homes,
buildings, data centres, infrastructure
and industries. Schneider Electric is a
Fortune Global 500 company, publicly
traded on the Euronext Exchange, and
is a component of the EURO STOXX
50 stock market index. In FY2021, the
company posted revenues of EUR28.9
billion.
At Schneider Electric, sustainability has
been at the core of its business strategy
for the past 15 years. The company
creates technologies and solutions to
advance a more efficient, sustainable,
resilient, and inclusive world for all by
working with customers, partners,
governments and suppliers to deploy
these solutions and create a low-
carbon future.
As the leader in the digital transforma-
tion of energy management and auto-
mation, Schneider Electric has earned
a spot on The Corporate Knights’ 2023
Global 100 list of Most Sustainable Cor-
porations in the world for the 12
th
time
in a row. Strong performance across
climate and social commitments, such
as sustainable revenues and invest-
ments, gender diversity and sustaina-
bility pay link have helped secure Sch-
neider Electric’s peer group leadership
position in the annual index compiled
by the Corporate Knights sustaina-
bility research group. The Global 100
is based on a rigorous assessment of
public companies with revenues over
USD1 billion. Schneider Electric is the
only one of its category to have been
named a Global 100 every year since
2012 and was ranked as the world’s
most sustainable corporation by Cor-
porate Knights in 2021.
This achievement follows a previous
announcement of Schneider Electric
receiving top Environmental Societal
and Governance (ESG) ratings from
Standard & Poor’s, CDP and Moody’s
ESG Solutions for its sustainability
impacts and best practices. For
example, Schneider Electric’s Climate
Strategy and its commitment to
environmental
transparency
was
one of the first to be validated in
accordance with SBTi’s Corporate Net-
Zero Standard mid-2022.
Schneider Electric is also just one of
19 corporate recipients of this year’s
Terra Carta Seal recognising global
companies that are driving innovation,
demonstrating
commitment,
and
gaining momentum towards genuinely
sustainable markets.
The Seal is part of the Sustainable
Markets Initiative which His Majesty
King Charles III set up in January 2021
while he was the Prince of Wales to
encourage the private sector to take
more urgent action on climate change.
“Kickstarting
2023
with
these
sustainability achievements is truly
energising,” said Chief Strategy and
Sustainability Officer Gwenaelle Avice-
Huet. “It shows that consistency,
commitment and concrete impact
don’t go unnoticed and serves as
a reminder that companies like us
and our Global 100 peers, make a
difference at all levels, in business and
through our environmental, social and
economic impacts.”
Schneider Electric has been in Brunei
Darussalam since the 1980s and the
company has extended its support
and services towards both private