REXEL IS 1st IN ITS SECTOR AND 11th WORLDWIDE IN THE NEW "GLOBAL 100" CORPORATE KNIGHTS RANKING OF THE MOST SUSTAINABLE COMPANIES
Corporate Knights, a media and research center specializing in CSR, ranks Rexel as 1st in its sector and 11th worldwide in the "Global 100" ranking
Every year, this ranking rewards the companies with the best performance in terms of sustainable development and that are successful in reconciling social responsibility and financial performance
The progress recorded by Rexel reflects the Group's ongoing environmental and social efforts
Rexel, worldwide expert in the multichannel professional distribution of products and services for the energy world, achieves its best score ever in the new "Global 100" ranking of Corporate Knights, a media and research center specializing in CSR, ranking 1st in its sector, and climbing to 11th place worldwide.
This ranking illustrates the relevance of Rexel's long-term commitments as well as the constant progress of its CSR policy, in the service of a strong environmental ambition.
"We are proud to be ranked 1st in our sector and 11th in the world in the Corporate Knights Global 100 ranking, a benchmark barometer for assessing the sustainable performance of companies. Our ranking demonstrates the commitment of Rexel and all its employees to reduce our greenhouse gas emissions, to mitigate climate change and to develop a low-carbon economy," said Bertrand de Clermont Tonnerre, Rexel’s Sustainable Development Director.
Rexel announced in 2019 ambitious new environmental objectives, as part of the Science Based Target initiative, which aims to encourage companies to set greenhouse gas (GHG) emission reduction targets in line with the Paris Agreement. Rexel has thus committed to reducing its GHG emissions related to the energy consumption of its operations (scopes 1 and 2) by 35% and those related to the use of products sold (scope 3) by 45% per euro of sales, all by 2030, compared to 2016.
Beyond simply controlling its environmental footprint, Rexel has also leveraged its central position in the electrical value chain to positively influence all stakeholders and encourage them to implement responsible and ethical practices. Rexel's commitment in this direction is not new: member of the United Nations Global Compact since 2011, the Group signed the French Business Climate Pledge in 2015 and affirmed its willingness to play a leading role in the fight against climate change, an ambition that was reiterated in 2019.
ABOUT THE "GLOBAL 100" CORPORATE KNIGHTS RANKING
To develop its 2021 Global 100 ranking, Corporate Knights followed a rigorous assessment of 8,080 companies with more than US$1 billion in revenues. The assessment is based on up to 24 environmental, social, financial and governance key performance indicators. Corporate Knights is a media and research center that produces rankings and ratings of financial products based on corporate sustainability performance.
ABOUT REXEL GROUP
Rexel, worldwide expert in the multichannel professional distribution of products and services for the energy world, addresses three main markets - residential, commercial, and industrial. The Group supports its residential, commercial, and industrial customers by providing a tailored and scalable range of products and services in energy management for construction, renovation, production, and maintenance.
Rexel operates through a network of more than 1,900 branches in 26 countries, with more than 26,000 employees. The Group’s sales were €13.74 billion in 2019.
Rexel is listed on the Eurolist market of Euronext Paris (compartment A, ticker RXL, ISIN code FR0010451203). It is included in the following indices: SBF 120, CAC Mid 100, CAC AllTrade, CAC AllShares, FTSE EuroMid, STOXX600. Rexel is also part of the following SRI indices: FTSE4Good, Euronext Vigeo Europe 120 Index, Dow Jones Sustainability Index Europe and STOXX® Global ESG Environmental Leaders, in recognition of its performance in corporate social responsibility (CSR). Rexel is rated A- by the CDP.
For more information, visit Rexel’s web site at www.rexel.com/en
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