Schneider Electric has been recognised as one of the world’s most ethical companies by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices. This is the seventh consecutive year that Schneider Electric has received this title.
Through its World’s Most Ethical Company list, the Ethisphere Institute pubicly honours companies that have demonstrated ethical leadership in their industries, using ethical conduct as a profit driver and a competitive differentiator. This year, 124 companies were designated as World’s Most Ethical Companies. Schneider Electric is one of the only two companies honoured in the “Diversified Machinery” category, along with Rockwell Automation.
“We are particularly proud of being honoured for the seventh year by Ethisphere Institute, and moreover to be among the only two companies recognised in our category,” said a spokesperson from Schneider.
“It proves that Schneider Electric considers very thoroughly ethical challenges and addresses them with impact and efficiency, in line with our corporate values. In so doing, our customers may be sure that our ethical standards are the highest possible and that we care for the planet and society.”
“Over the last eleven years we have seen the shift in societal expectations, constant redefinition of laws and regulations and the geo-political climate,” said Ethisphere’s Chief Executive Officer, Timothy Erblich.
“We have also seen how companies honoured as the World’s Most Ethical respond to these challenges. They invest in their local communities around the world, embrace strategies of diversity and inclusion, and focus on long term-ism as a sustainable business advantage.”