French tech firm Schneider Electric tops global league of green firms.

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Paris-based company worth €70bn now seen as world’s most sustainable company on Global 100 index.

A Paris-based tech company has seen off competition from the world’s best-known green businesses to be named the most sustainable corporation on the planet.

Schneider Electric has climbed the annual Global 100 index, from a ranking of 29 last year, offering the technology and energy solutions needed by the likes of retailer Walmart, hotel group Marriott and steel business ArcelorMittal to meet their climate targets.

The annual green company league table, compiled by researcher Corporate Knights, ranked over 8,000 publicly listed companies which generate annual revenues of over $1bn to find the most sustainable businesses.

In the latest rankings Schneider ousted Danish windpower giant Ørsted from last year’s top spot, and left most UK firms in its wake, following a surge in the number of companies during the pandemic seeking automated technology to help shrink their carbon footprints.

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