RUEIL-MALMAISON, France (March 13, 2017)—Schneider Electric announced that it has been recognized as one of the World’s Most Ethical Companies by the Ethisphere Institute, an organization that defines and advances the standards of ethical business practices.

This is the seventh consecutive year that Schneider Electric has received this accolade from Ethisphere.

Through its World’s Most Ethical Company list, the Ethisphere Institute for 11 years has publicly honored 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. These companies represent 52 industry sectors headquartered in 19 countries.

Schneider Electric is one of the only two companies honored in the “Diversified Machinery” category.

The full list of the 2017 World’s Most Ethical Companies can be found on the Ethisphere website.