Schneider Electric Industrial Automation’s Post

For the first time, TIME and data firm Statista have created a rigorous methodology with which to measure the world’s most sustainable companies for 2024 – and we are #14 on the list! This recognition reinforces our intentional and authentic commitment to environmental, social, and governance - which has solidified our position as a global leader in sustainability. https://stantec.co/3W73tjs

We're officially one of TIME's 'World's Most Sustainable Companies of 2024'! https://lnkd.in/dAxy8_Ag Our VP of Social Responsibility and Sustainability, Andrea Barrett, said: "This is great recognition of our commitment to advance sustainability - not only within our business, but also for our industrial customers and suppliers, as we champion the development of sustainable product and service solutions that support their maintenance, repair and operations needs." This #NetZeroWeek we're reminded of the responsibility that every business and individual has to the wellbeing of our planet, in the face of climate challenges. We're proud to join the ranks of those making a difference, but we know we have a long journey ahead. You can read more about our ESG plan via the link in the comments ⬇️ 🌱 #NetZero #ESG #Sustainability

Increasing demand for clean energy To help reach their sustainability objectives, organizations are transitioning away from fossil fuels in favor of clean energy, said Oday Abbosh, global sustainability leader at IBM Consulting, noting it's part of the broader trend toward power decarbonization. "Increasingly people will have to be much more thoughtful about the energy they use, the amount of energy they use and how they report on those points," he added. Marga Hoek, a global thought leader on sustainable business, capital and innovation as well as author of the 2023 book Tech for Good: Imagine Solving the World's Greatest Challenges, also cited this trend, calling it "the race to carbon neutrality." "Companies are working to get to zero; it is a key differentiator now in the business landscape," she said, adding that organizations see the move as a way to save money, meet regulatory requirements and position themselves positively in a marketplace that increasingly values environmentally conscious companies. See full article https://lnkd.in/dp7Q8s-u

Today, we are proud to share our 2023 Sustainability Report highlighting our vision and progress on key environmental, social, and governance (ESG) commitments. In this year’s report, we disclosed for the first time our complete Scope 3 emissions, defined as indirect greenhouse gas emissions from sources not owned or controlled by Wabtec but related to its activities. “Sustainability is a collective journey,” said Lilian Leroux, Chief Strategy and Sustainability Officer at Wabtec Corporation. “We believe that collaborating with the entire ecosystem, including internal teams, customers, end-users, suppliers, industry associations, communities, governments, and investors will empower us to succeed.” Read the press release & download the full report here: https://lnkd.in/gjwrP6Qw #Sustainability #ESG #PeopleFirst #ExpandThePossible #EmbraceDiversity #OneWabtec #RevolutionizeTheWayTheWorldMoves

What's new @ Wabtec Corporation ? Latest sustainability report was just released, here are few game-changers updates. > Scope 3 disclosure > Great product sustainability roadmaps to drive sustainability > Products Life Cycle Assessment > Climate Fresk and many learning hours > and.... So many people-focussed initiatives and programs. Of course, we are only 'somewhere' on the journey towards holistic sustainability. But we are at #highspeed on #tracks, and this is not only about selling products to the most sustainable mobility, but also transforming the manufacturing industry behind, our operations and those from our suppliers. #sustainabilitystrategy #talkofthetown

What an incredible year it has been, marked by numerous substantial changes aimed at ensuring our group of specialist businesses are not only environmentally sustainable but also socially valuable and successful. Find out more about some of our achievements over 2023 below. https://lnkd.in/epu_6V85 #yearinreview #esg #esggoals

Just came across Time's Top 500 Sustainability Companies list, and it's an insightful step in evaluating companies' sustainability practices. However, with the top score at 88 out of 100, it raises questions about our progress in sustainability efforts. Reflecting on my college days, scoring in the 80s meant average performance, not excellence. Top achievers were consistently in the High 90s. What does it signify when the leading company on the list only achieves 88.86? 🤔 This score underscores the significant room for improvement in our sustainability journey. Let's set our sights higher and strive for a greener future! 🌍💚 #Sustainability #DoBetter #EnvironmentalGoals #TimeTop500 #HadhKarDiYaar

🌱📊 Ready to take your sustainability efforts beyond reporting? 🌍 Here's how! 1️⃣ Set clear goals: Define measurable objectives aligned with your mission and vision. 2️⃣ Implement Strategies: Act on reducing emissions, minimizing waste, and more. 3️⃣ Invest in Innovation: Utilize digital solutions for renewable energy & circular economy practices. 4️⃣ Educate and Empower: Foster a culture of sustainability within your organization. 5️⃣ Measure and Monitor Progress: Track your performance with KPIs and metrics. 6️⃣ Transparency and Communication: Share progress regularly for trust and accountability. 7️⃣ Collaborate for Impact: Team up with peers, governments, and NGOs to amplify your efforts. Find out how Rimm Sustainability guides you to achieve these green goals in this week’s blog: https://lnkd.in/gZJ4w79N #SustainabilityForAll #ESG #ActionableSustainability

Well, this seems encouraging! On the other hand, there's a bit of a mixed signal in the data, with organizations generally feeling MORE optimistic about meeting their 2030 sustainability goals, but LESS optimistic about meeting their 12-month goals. Sounds like we're going to have to really put those near-term investments to work, if they are going to pay off in the long run. https://lnkd.in/eNFwsbT4

We’re proud to have been included in TIME Magazine’s World’s Most Sustainable Companies 2024 list 🙌   The global data and business intelligence platform Statista and Time Magazine have identified the World’s Most Sustainable Companies. They have gone through a comprehensive selection process from a pool of over 5,000 of the world's largest and most influential companies, assessed based on factors such as revenue, market capitalization, and public prominence. The assessment involved the consideration of over 20 key data points, such as CDP score, alignment with GRI and SASB, emissions and energy intensity and employee turnover and work safety.   These companies underwent a rigorous 4-step process to identify the top 500, among which we’re also proud to be included as #410.   “We are extremely proud of this recognition in the top 500 and also other recognitions we have received this past spring, like ranking in the Financial Times Europe’s Climate Leaders list, getting Platinum level sustainability rating from EcoVadis, and achieving CDP’s A- rating for our climate actions. The work and efforts we’re putting into sustainability are really paying off and transforming Fiskars Group for the long term”, says Fiskars Group’s CEO Nathalie Ahlström.   Fiskars Group has two sustainability commitments:   ☑️ Pioneering design against throwaway culture: We want to offer inspiring and disruptive alternatives for throwaway culture, and take climate action by reducing emissions in line with science-based targets.   ☑️ Making the everyday extraordinary: We make the everyday extraordinary and create positive experiences for our stakeholders. We foster an inclusive culture and understand that to flourish, innovation requires different perspectives.   ➡️ Read more about TIME Magazine’s World’s Most Sustainable Companies 2024 list: https://lnkd.in/dAxy8_Ag   #FiskarsGroup #sustainability #ESG