Schneider Exceeds 2016 Sustainability Target with a Plant & Society Barometer Score of 8.48/10
February 25, 2017
To measure its commitment to sustainable development on a quarterly basis, Schneider Electric uses 16 indicators from the 2015-2017 Planet & Society barometer. Schneider’s score for 2016 exceeded its target by more than two points.
“In one year, the Planet & Society barometer rose from 6.33/10 at the end of 2015 to 8.48/10 at the end of 2016,” notes Gilles Vermot Desroches, Sustainability Senior VP at Schneider Electric. “This represents an unprecedented increase in comparison with the previous barometers since 2005.”
“International non-financial ratings have again widely acknowledged the commitment of Schneider Electric,” continues Vermot Desroches. “For example the DJSI where we are Industry leader, the CDP where we are part of the ‘Climate A list’, the ‘Global 100’ where we are the 27th most sustainable company in the world, and Ethisphere, Vigeo Eiris and Oekom, where we are industry leader.”
Highlights of this quarter
On the Planet pillar:
- The indicator “10% energy savings” shows 7.1% energy savings since the beginning of 2015 thanks to Schneider Energy Action, the program for the continuous reduction of energy consumption at the group’s main sites.
- The indicator “100% of products in R&D designed with Schneider ecoDesign Way” continues to grow strongly, reaching 81.6%. Since early 2015, Schneider Electric’s design teams working on new products and solutions have been committed to a systematic approach called ecoDesign Way. This approach measures the improvement in the environmental footprint of the group’s products over their entire life cycle.
On the Profit pillar:
- The indicator “100% of new large customer projects with CO2 impact quantification” recorded its first result, at 16%. The program aims to have a reliable tool for calculating and communicating the CO2 footprint of Schneider Electric’s large customer projects, calculating avoided CO2 emissions against reference scenarios, and identifying situations where the CO2 impact becomes a commercial advantage.
- The indicator “All our entities pass our internal Ethics & Responsibility assessment” reached 93.4% at the end of 2016. The calculation is based on a survey carried out annually as part of an internal audit.
On the People pillar:
- The indicator “One day training for every employee every year” reaches 92% and thus exceeds its target of 85% of employees who have received at least one training day during the year. There is a strong focus on learning in the Schneider is On 2015-2020 company program. Its “Step Up” component fosters a culture where employees take the initiative to learn, grow their skills and drive their career development.
- The indicator “85% of employees work in countries with a Schneider gender pay equity plan” reaches 75% at the end of 2016, in 35 countries. Schneider Electric uses a common global standard methodology to identify gender pay gaps and uses a country-driven approach to correct these gaps.
Find out more: www.schneider-electric.com/sri.
