His Royal Highness The Prince of Wales participating in today's release of annual ranking of World's 100 Most Sustainable Corporations

TORONTO, Jan. 25, 2021 /CNW/ -A Corporate Knights 17th annual ranking of the world's 100 most sustainable corporations is being released this morning, at a virtual event opening with live remarks from His Royal Highness The Prince of Wales. The ranking is based on a rigorous assessment of 8,080 companies with more than US$1 billion in revenues. According to the Toronto-based sustainable-business research company's latest analysis, the world's most sustainable corporation in 2021 is Schneider Electric SE, a French company providing digital energy and automation solutions.A In recent decades, Schneider has shifted its focus to data centers; storage and other distributed energy resources; and smart solutions that advance electrification, energy efficiency and renewability. It now earns 70% of itsA revenue from, and directs 73% of its investments toward, sustainable solutions. Schneider also performs strongly in racial and gender diversity and in resource productivity and safety.The collective performance of this year's ranked companies further demonstrates the reality that forward-looking companies have maintained (if not enhanced) their sustainability commitment in the face of the daunting challenge of building back from the disruption of the pandemic."We are honoured and grateful to be ranked number one by Corporate Knights," said Jean-Pascal Tricoire, Schneider Electric's Chairman and Chief Executive Officer. "It is a major encouragement for our teams and partners, and a great recognition of more than 15 years of engagement to make our company and the world greener and more inclusive. Sustainability is a journey that we accomplish with our people, partners, suppliers, customers and communities where we operate. This recognition goes also to all of them."Analysis of financial performance and corporate longevity continues to demonstrate that the most sustainable companies tend to both outperform and outlast. From its inception on February 1, 2005, to December 31, 2020, the Global 100 Index1 has generated a total investment return of 263% compared to 220% for the MSCI ACWI (see Appendix A below for long-term trend). The average age of a Global 100 company in 2021 is 74 years, while the average age of a company in the MSCI ACWI is 53 years.
See also:
Leave a comment
  • Latest
  • Read
  • Commented
Calendar Content
«    Февраль 2021    »