Schneider Electric named one of the Fortune's World's Most Admired Companies for 2019

Press Release from Schneider Electric

  • The company ranks fifth in the electronics industry for the second year in a row
  • This latest accolade reflects Schneider Electric's commitment to innovation, sustainability, and the meaningful purpose provided to employees

MISSISSAUGA, ON, Feb. 7, 2019 /CNW/ - Schneider Electric, the leader in digital transformation of energy management and automation, has been included in the World's Most Admired Companies, according to the 2019 list published by Fortune. This year, the company ranks fifth in the electronics industry, maintaining its strong position from 2018. The achievement reflects its growing reputation as an all-round achiever in its industry, pursuing innovation with a strong focus on sustainability and inclusion for all.

Fortune's annual ranking of the World's Most Admired Companies is based on a survey of U.S. and global Fortune 500 companies posting the highest revenues in their respective industries. To identify the top performers in 52 industries, 3,750 executives, directors and analysts in those industries were asked to rate companies on nine criteria: innovation, people management, use of corporate assets, social responsibility, quality of management, financial soundness, long-term investment value, quality of products and services, and global competitiveness. Schneider Electric was highly evaluated in the people management criteria, ranking no.3 in the electronics industry.

Olivier Blum, Global Chief Human Resources Officer, Schneider Electric, commented: "We're delighted to be among this illustrious group of organizations. At Schneider Electric, our meaningful purpose is the common thread that motivates us - we want to bring energy and efficiency to enable life, progress and sustainability for all. As a global corporation, we believe in innovation that has a positive impact on our planet; equal opportunities for everyone, everywhere, and empowering our people to make the most their energy."

Schneider Electric regularly appears in industry rankings aimed at promoting sustainability and inclusion. Recently it was included in the 2019 Bloomberg Gender-Equality Index that provides a unique barometer of gender-equality performance across all sectors worldwide, and also received the 2019 Catalyst Award that highlights companies for their bold and forward-thinking initiatives that help create safe and inclusive workplaces where women can advance. For Schneider Electric, such recognitions reinforce the company's strong commitment to an inclusive, empowering culture, and its longstanding efforts to promote sustainability for all.

About Schneider Electric

Schneider Electric is leading the Digital Transformation of Energy Management and Automation in Homes, Buildings, Data Centers, Infrastructure and Industries.

With global presence in over 100 countries, Schneider is the undisputable leader in Power Management – Medium Voltage, Low Voltage and Secure Power,and in Automation Systems. We provide integrated efficiency solutions, combining energy, automation and software.

In our global Ecosystem, we collaborate with the largest Partner, Integrator and Developer Community on our Open Platform to deliver real-time control and operational efficiency.

We believe that great people and partners make Schneider a great company and that our commitment to Innovation, Diversity and Sustainability ensures that Life Is On everywhere, for everyone and at every moment.

www.schneider-electric.com

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SOURCE Schneider Electric Canada Inc.

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