The company has also succeeded in reducing_{CO2 emissions} among the 1000 most important suppliers by 27 percent - a significant improvement on the previous year's 10 percent. In addition, 63 percent of the company's own packaging is now disposable plastic-free and made from recycled cardboard instead.

The sustainability targets are achieved as part of the Schneider Sustainability Impact Program, which sets interim targets up to 2025. Instead of the targeted 6 out of 10 points, the score of 6.13 at the end of 2023 exceeded the company's own annual target.

Living sustainability

Schneider Electric employs around 5,000 people in Germany and develops IoT-enabled hardware and software components for industry, buildings, data centers and infrastructure. The declared aim of solution development is to use the potential of IoT technologies to enable companies to operate more sustainably and successfully. Schneider Electric is one of the early adopters when it comes to sustainability reporting: The company published a detailed sustainability report back in 2005.

This commitment is regularly recognized by independent bodies. In external ESG ratings, Schneider Electric has maintained its status as a leader in the Dow Jones Sustainability Index (DJSI) and in the Corporate Knights list of the 100 most sustainable companies in the world for the 13th consecutive year and has been awarded platinum status by Moody's Analytics, CDP and EcoVadis.

"Schneider Electric's holistic approach to sustainability ensures that ESG considerations are an integral part of our business strategy and operations," says Agustin Lopez Diaz, Chief Sustainability and Customer Satisfaction & Quality Impact Officer at Schneider Electric. "We care deeply about the impact we have on our entire ecosystem and the legacy we leave behind. We are therefore particularly determined to accelerate our sustainability program in its penultimate year of planning to ensure a lasting positive impact."