Jun 27, 2024
Schneider Electric Tops the List of Most Sustainable Companies 🌿
What We’re Showing
The top ten most sustainable companies for 2024, according to TIME and Statista.
Methodology
The top companies have committed to climate programs like the 1.5°C target from the Science Based Targets initiative and have earned high scores from CDP, which manages global environmental impact disclosure. TIME and Statista evaluated companies based on their Scope 1 and 2 emissions, energy consumption relative to company size, emissions reductions in 2021 and 2022, and the use of renewable energy in their operations.
Key takeaways
- At the top of the list, Schneider Electric scored 88.86 out of 100. The company's environmental initiatives include creating software and services for energy management. Schneider has also set ambitious targets to become carbon neutral by 2025
- Many highly ranked companies are in industries that don't produce many physical products—such as banking, tech, and consulting
- The list of highly ranked companies is very international, with seven different countries showing up in the top 10