Latest news with #EstherFinidori
Time Magazine
26-06-2025
- Business
- Time Magazine
TIME100 Most Influential Companies 2025: Schneider Electric
For more than 20 years, Schneider Electric has been guided by an ambitious goal: to drive the global energy transition forward through electrification, digitalization and automation. Schneider's products and services support everything from smart energy and building management to industrial automation and EV charging. The France-based multinational supports the sustainability practices of 40% of the Fortune 500. 'We accompany customers from strategy to execution,' says Chief Sustainability Officer Esther Finidori. One example of what that looks like: Schneider helps its customers buy renewable energy from suppliers, accounting for 60% of such purchasing in the U.S. market. 'It's complicated for corporations today to source renewable energy,' Finidori says. But with its global profile, Schneider says it has helped customers avoid 679 million metric tons of CO2 emissions since 2018—equivalent to taking over 130 million cars off the road for a year. Today, the company's decarbonization solutions are in 40% of commercial buildings and homes, 50% of hospitals, and 33,000 wastewater facilities around the world. One prominent building example is JFK Airport's New Terminal One in New York City, construction of which began in September. Schneider is providing software and other tech to help build a 12-megawatt microgrid with over 13,000 solar panels—touted as the largest rooftop solar array in New York City and in any U.S. airport terminal. The microgrid will power half of the terminal's daily operations. Schneider is also helping ensure that the power-hungry data centers proliferating amid the AI boom are energy-efficient. Last year, in collaboration with AI chip giant Nvidia, the company introduced the first publicly available AI data center reference designs. Disseminating those designs is important 'because this is how we'll achieve efficiency and scale while making sure the best practices are widely adopted,' Finidori says. Schneider is achieving sustainability and efficiency not only for its customers, but in its own operations and the supply chain that supports its $38.8 billion in annual revenue. With 130,000 employees spread across 108 countries, the company's carbon footprint is complex. But Schneider aims to achieve net-zero operations by 2030 and net zero across its value chain by 2050. (During the last five years, it's cut emissions in its entire value chain by about one-fifth.) 'We want to demonstrate it's feasible to decarbonize fast and everywhere by doing it in our own operations first,' Finidori says. The company—which ranked #1 on TIME's World's Most Sustainable Companies of 2024 and 2025 lists—is on track, Finidori says. From 2021 to 2024, Schneider, which links its sustainability goals to employee pay, more than halved its operational emissions. The winning change strategy is clear: '[E]lectrification of everything—heating, industrial processes, our fleet—as well as sourcing renewable energy,' she says.
Yahoo
11-06-2025
- Business
- Yahoo
Schneider Electric has a new CSO for the second time in 2025
This story was originally published on ESG Dive. To receive daily news and insights, subscribe to our free daily ESG Dive newsletter. Schneider Electric has appointed Esther Finidori as its new chief sustainability officer, the company announced last week. Finidori assumed the role June 1. Finidori previously served as the vice president of strategy for the energy and tech company's operations in France and has held several sustainability-focused positions throughout her over nine-year tenure at Schneider Electric. She steps into the CSO role after a short stint by former sustainability chief Chris Leong, who started the job at the beginning of the year. Leong departed the company earlier this month to take on the dual role of executive vice president and chief marketing and innovation officer at Ecolab, a company that helps clients improve environmental performance. Finidori first joined Schneider Electric in 2016 as a director overseeing sustainability across its supply chain and its CO2 strategy, per her LinkedIn profile. She then went on to become vice president of the company's global environmental strategy before running Schneider Electric's France operations, which included its overall strategy, sales and sustainability. Prior to her time at Schneider Electric, Finidori worked as an environmental consultant, focusing on the clean energy transition and green finance. She has also served as a member on the European Commission's Platform on Sustainable Finance, which gathers sustainability experts to help the Commission develop sustainable finance policies, including its taxonomy regulation. Schneider Electric said Finidori 'brings a wealth of experience and a strong track record in sustainability and strategic leadership to her new role,' in a June 5 release. The new CSO will also be joining Schneider Electric's executive committee, which the energy company said aims to 'effectively develop and deploy the new sustainability strategy of the company, reinforcing its business relevance and leadership on innovative social and environmental practices.' Schneider Electric was ranked the world's most sustainable corporation of 2025 by the Corporate Knights Global 100. This list ranks the top sustainable corporations annually and is published during the World Economic Forum. Editor's note: EcoAct, a subsidiary of Schneider Electric, is a sponsor for an upcoming ESG Dive and CFO Dive event. Recommended Reading Schneider Electric purchases IRA tax credits from solar manufacturer
Channel Post MEA
11-06-2025
- Business
- Channel Post MEA
Schneider Electric Named Most Sustainable Corporation In Europe
Schneider Electric has been ranked the Most Sustainable Corporation in Europe by Corporate Knights, a Canadian media and research company focused on corporate sustainability performance. This recognition places Schneider Electric at the top of the inaugural Europe 50 ranking, which evaluated over 600 publicly listed European companies across a comprehensive set of sustainability criteria. It follows the company's earlier distinction in January 2025 as the World's Most Sustainable Corporation, also awarded by Corporate Knights as part of their renowned Global 100. Together, these accolades reaffirm Schneider Electric's unwavering commitment to sustainability and its leadership in driving meaningful change across industries and geographies. 'At Schneider Electric, sustainability is not just a priority among others —it is embedded in our purpose and mission,' said Esther Finidori, recently appointed Chief Sustainability Officer at Schneider Electric. 'Being named the Most Sustainable Corporation in Europe is a powerful recognition of our efforts to drive positive impact through innovation, transparency, and collaboration. We are proud to lead by example and remain committed to accelerating our contribution to a more sustainable and inclusive world.' The Europe 50 ranking builds on the same rigorous methodology used for the Global 100, evaluating companies on a wide range of ESG performance indicators such as carbon productivity, clean revenue, board diversity, and sustainability-linked investments. Its scope encompasses constituents of the STOXX Europe 600 Index as well as the top 100 publicly traded companies headquartered in Europe by market capitalization. This dual recognition—both globally and regionally—highlights the positive impact Schneider Electric is making. Through its innovative technologies and solutions, the company supports customers and partners in reducing their environmental footprint, improving energy efficiency, and advancing their sustainability goals.
