Green Century° investors further the sustainability goals of companies held in its International Index Fund, including Schneider Electric,* which creates software and services for energy management.
A company with the tagline, Life Is On, Schneider Electric focuses on two fronts – cutting its own carbon footprint and helping its customers become more energy efficient while reducing its own carbon emissions.
The Fortune Global 500 company topped the list of Time magazine’s world’s most sustainable companies of 2024. Schneider Electric aims to be carbon neutral by 2025. To that end, the company has cut its emissions across its supply chain.
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The French multinational company aims to make an impact and help improve access worldwide to green and reliable energy. In addition to setting its science-based target of operating carbon neutral by next year, the company has a goal of 25 percent absolute carbon reduction across its entire value chain by 2030. The driving factor? The company said it senses the urgency of finding solutions and making substantial progress toward Paris Agreement objectives.
Schneider Electric has modeling to show the impact of widespread use of technology in key sectors – building and construction, industry, mobility, and power generation – in the hopes of abating global carbon emissions. The company posits that technology use, including heat pumps and digital energy management systems, could cut building energy by as much as 40 percent.
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The company, which serves commercial, industrial and institutional sectors, has received a climate score of “A” from the CDP for 12 years in a row. Additionally, it ranked #1 in its industry sector and was listed on the Dow Jones Sustainability Index for 13 consecutive years.
Schneider Electric is one of the companies in Green Century Fund’s International Index Fund, serving as a leading example and offering impactful solutions to help with our goals of environmental stewardship.
A sustainable investment strategy that incorporates environmental, social and governance criteria may result in lower or higher returns than an investment strategy that does not include such criteria.