Schneider Electric Earns Top Spot on 2023 Gartner Supply Chain Top 15 for Europe

The French energy management company Schneider Electric earned first place on the 2023 Gartner Supply Chain Top 15 for Europe list after the organization secured a composite score of 5.98. In late May, Schneider Electric also claimed the top spot on Gartner’s 2023 Global Supply Chain Top 25.

“Schneider Electric’s performance, particularly in the area of sustainability, is indicative of many of the top European supply chains this year, which have performed particularly strongly on ESG criteria,” said Sarah Gilchrist, director analyst for the Gartner Supply Chain practice. 

With a composite score of 4.15, L’Oréal earned second place on the list. Diageo came in third place on Gartner’s list with a composite score of 4.04 followed by Inditex in fourth place (3.92) and Siemens in fifth place (3.70).

The Top 15 and their corresponding composite scores are listed below:

1. Schneider Electric – 5.98
2. L’Oréal – 4.15
3. Diageo – 4.04
4. Inditex – 3.92
5. Siemens – 3.70
6. Nestlé – 3.66
7. AstraZeneca – 3.61
8. AB InBev – 3.09
9. GlaxoSmithKline – 3.05
10. Danone – 3.03
11. Novo Nordisk – 2.94
12. H&M Group – 2.93
13. British American Tobacco – 2.90
14. Heineken – 2.84
15. Bayer – 2.79

The composite scores on the list are based on peer opinions (25%), Gartner research opinions (25%), returns on physical assets (15%), inventory turns (5%), revenue growth (10%) and ESG component scores (20%).

To earn a Gartner composite score all companies on the list must:

• Be included on the Fortune Global 500 or Forbes Global 2000 lists
• Have publicly available financial records
• Have at least $12 billion in revenue
• Make at least 50% of its revenue from physical products
• Have 15% ROPA, 5% three-year weighted average of ROPA performance and 10% three-year weighted average change in ROPA (returns on physical assets)
• Have a minimum ESG score of 2
• Meet a minimum threshold of community opinion votes over the last five years

Gartner compiled data for its European Top 15 of 2023 list during June 2023.

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• Source: https://www.supplychainbrain.com/articles/37427-schneider-electric-earns-top-spot-on-2023-gartner-supply-chain-top-15-for-europe