The world's most sustainable companies

IN THE FIGHT AGAINST CLIMATE CHANGE, COMPANIES ARE navigating compounding problems: supply-chain issues, tariffs, changing government incentives for environmental programs. To track how top global firms across industries are rising to the challenge, TIME and data firm Statista partnered to rank the world's 500 most sustainable compa- nies based on their public commitment to and progress toward sustainability targets during the calendar year of 2023 (the most recent year for which complete data are available).

- BY CHARLOTTE HU

The top-ranked company on this year's list—as it was on last year's—is France-based Schneider Electric, which makes energy- management software and advises other compa- nies on how to reduce their emissions, beating out competi- tors like Siemens AG, GE Vernova, and ABB as the leading provider of energy-grid digitalization technology. Through aprogram called Energize, Schneider also helped top-ranked pharmaceutical companies Sanofi (No. 10) and Novartis (No. 11) procure renewable energy for their operations.