Schneider Electric tops global sustainability study

Schneider Electric has received the top ranking in the Global 100 Most Sustainable Corporations list from research organisation Corporate Knights. The global specialist in energy management and automation, which has an office in Hoofddorp in the Amsterdam Area, was recognised for its dedication to sustainable practices, particularly in regard to the digital transformation of energy. The company climbed 29 positions from its previous ranking in 2020. More than 8,000 companies with revenue surpassing $1 billion were assessed as part of the new study.

The prestigious ranking was attributed to Schneider Electric’s ongoing efforts to provide sustainable solutions for customers in a shift towards data centres, storage and tech services focused on enabling customers to reduce their energy use. The company also provides tailored data-driven solutions that promote energy efficiency and renewable energy. Green energy accounts for approximately 70% of Schneider Electric’s revenues and 73% of its investments. The organisation also has a strategy in place to accelerate its sustainable goals, aiming to achieve 80% green revenues by 2025. This year the rankings also measured social factors like diversity within organisations, and Schneider Electric scored highly on racial and gender inclusivity.

Amsterdam’s contribution to a healthier planet

Sustainable business is also hugely prevalent in Amsterdam, where many companies and startups adopt greener alternatives to traditional products and services. Eco-tourism companies like Plastic Whale work towards cleaner, healthier waterways, while smart mobility solutions like ViaVan and Felyx offer greener modes of transport. Sustainable fashion is going from strength-to-strength, thanks to initiatives like Fashion for Good and many eco-conscious denim brands.

Read more business news from around Amsterdam.