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Results of the first year of sustainability goals implementation are encouraging
Schneider Electric (Kim Kyung-rok, Country Manager for Korea), a global leader in digital innovation for energy management and automation, announced that it contributed to setting key sustainability innovations by exceeding targets in the first year of its Sustainability Impact (SSI) program.
Schneider announced on the 8th that the first-year performance of its 'Schneider Sustainability Impact 2021-2025 (SSI)' program, announced last year, was 3.92 points, exceeding the first-year target of 3.75 points. The SSI evaluation score is out of 10 points based on a five-year period.
Schneider Electric has set long-term commitments in six areas—Climate, Resource, Trust, Equal Opportunity, Generation, and Local—to achieve the United Nations Sustainable Development Goals, and is implementing 11 specific goals to make this possible. As the first result of the five-year project, Schneider Electric disclosed the process of achieving its quarterly Sustainability Impact (SSI) goals.
Schneider Electric is pursuing its decarbonization goals by guiding customers, partners, and suppliers to rapidly reduce carbon emissions and deploying services and solutions that provide energy efficiency and sustainability. Schneider Electric’s EcoStruxure solution helped customers reduce carbon emissions by 84 million tons last year, and the company is working closely with 1,000 top suppliers to halve operational carbon emissions by 2025. Additionally, Schneider Electric launched the Energize program to increase access to renewable energy in the supply chains of 10 global pharmaceutical companies.
In addition, within the ESG sector, Schneider Electric conducts various activities with a sense of responsibility toward employees and communities to support equal opportunities, gender diversity, and the inclusion of all generations in the social and governance aspects, as well as in the environmental field.
In particular, the company introduced its solutions to provide access to safe, clean, and reliable electric energy to 4 million people around the world who do not have access to electricity, and the Schneider Electric Foundation supported local NGO partners in training 300,000 people to work in the field of energy management. In 2021, Schneider Electric's branch operations organization launched more than 200 initiatives to drive positive change in countries and regions.
Olivier Blum, Chief Strategy and Sustainability Officer at Schneider Electric, stated, “As an influential company in the field of sustainability, Schneider Electric is making a unique change and raising its sustainability standards through the establishment of the 2021-2025 Sustainability Impact Goals. The results of the first year of our sustainability goals are encouraging and set the way toward the five-year goals. Employees are joining forces to engage in sustainability in every aspect.”
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