Sustainability Impact - Our contributions to accelerate sustainability for all Q1 2022 Report
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
s
ce
Q1 2022 Report
e
ur
at
t
us
so
im
Tr Sustainability
Re
Cl
G
Lo
Eq
en
ca
Impact
u
er
al
l
at
io
n
s
Our contributions to accelerate
sustainability for all
Commitments Overview Climate Resources Trust Equal Generations Local
commitments
We support the:
by continuously investing in and developing innovative solutions that
Act for a climate-positive world deliver immediate and lasting decarbonization in line with our carbon pledge
Be efficient with resources by behaving responsibly and making the most of digital technology
to preserve our planet
Live up to our principles of trust
by upholding ourselves and all around us to high social, governance,
and ethical standards
Create equal opportunities by ensuring all employees are uniquely valued and work in an inclusive
environment to develop and contribute their best
by fostering learning, upskilling, and development for each generation,
Harness the power of all generations paving the way for the next
Empower local communities
by promoting local initiatives and enabling individuals and partners
to make sustainability a reality for all
Schneider Sustanability Impact 2021 – 2025
2022
Q1 Q2 Q3 Q4 Target
Q1 2022 results Score 1
4.00
3.92
4.70
6 long-term commitments 11+1 targets for 2021 – 25 Baseline Q1 2022 2025 Target
CLIMATE 1 Grow Schneider Impact revenues*2 70% 71% 80%
2 Help our customers save and avoid millions of tonnes of CO2 emissions3 263M 358M 800M
3 Reduce CO2 emissions from top 1,000 suppliers’ operations 0% 50%
0 10 20 30 40 50 60 70 80 90 100
1%
0 10 20 30 40 50 60 70 80 90 100
RESOURCES 4 Increase green material content in our products 7%
0 10 20 30 40
11%
50 60 70 80 90 100
50%
5 Primary and secondary packaging free from single-use plastic and using recycled cardboard 13% 30% 100%
0 10 20 30 40 50 60 70 80 90 100
0 10 20 30 40 50 60 70 80 90 100
TRUST 6 Strategic suppliers who provide decent work to their employees4 — In progress 100%
7 Level of confidence of our employees to report unethical conduct5 81% +0pts +10pts
EQUAL 8 Increase gender diversity in hiring (50%), front-line management (40%), and leadership teams (30%) 41/25/24 41/27/26 50/40/30
9 Provide access to green electricity to 50M people6 30M +5.3M 50M
0 10 20 30 40 50 60 70 80 90 100
GENERATIONS 10 Double hiring opportunities for interns, apprentices, and fresh graduates 2
4,939
0 10 20 30 40 50
x1.29
60 70 80 90 100
x2.00
11 Train people in energy management7 281,737 335,884 1M
0 10 20 30 40 50 60 70 80 90 100
LOCAL 0 10 20 30 40 50 60 70 80 90 100
+ 1 Country and Zone Presidents with local commitments that impact their communities 0% 100% 100%
*
Per Schneider Electric definition and methodology 1
2021 baseline 3/10, 2025 target 10/10 2
2019 baseline Cumulated since 2018
3 4
Program in development 5
2021 baseline 6
Cumulated since 2008 7
Cumulated since 2009
Schneider Sustanability Impact 2021 – 2025
Commitments Overview Climate Resources Trust Equal Generations Local
highlights Opening of the 1,000+
Solutions for Cities
exhibition in Grenoble,
France, with Bertrand Piccard,
president of the Solar Impulse
Foundation
Recognized on Corporate Ranked in Corporate
Knights’ Global 100 list Knights’ 2022 Carbon
for the 11th year in a row Clean 200 list for the 7th year
in a row
Helping retailers Plastic Omnium enlists Our Climate Change
build a blueprint for a Schneider Electric’s PPA Advisory Service helped
net-zero future through expertise to accelerate its NSG Group sign its first
collaborations with Schneider carbon neutrality goals PPA for renewable electricity
Electric, the Retail Industry Leaders in Poland
Association, and the World Wildlife
Fund
Schneider Sustanability Impact 2021 – 2025
Commitments Overview Climate Resources Trust Equal Generations Local
highlights
Our Le Vaudreuil factory in France earned Our e-catalog evolves, with greater transparency
Sustainability Lighthouse status from the World toward all environmental product information
Economic Forum, becoming just the 6th facility in the world to
be awarded the distinction
Launched the first Schneider Electric joins the
home energy ResponsibleSteel initiative to
solutions made accelerate our Green Materials
from recycled program and increase the amount of
green materials in products to 50%
ocean plastics at
by 2025.
CES 2022
Schneider Sustanability Impact 2021 – 2025
Commitments Overview Climate Resources Trust Equal Generations Local
highlights
Winner of the “Best Value Chain Engagement”
award in EcoVadis’ Sustainable Procurement Leadership
Awards 2022
Received a
special mention in the “Workforce action” category in
the 2022 Workforce Transparency Awards delivered by Share Action,
sponsored by Sycomore Asset Management
Named one of the World’s All employees given ongoing
Most Ethical Companies training on cybersecurity and
by the Ethisphere® Institute for the ethics to raise awareness, increase
11th time understanding, and enable everyone
Schneider Sustanability Impact 2021 – 2025 to contribute
Commitments Overview Climate Resources Trust Equal Generations Local
highlights
Our solutions and collaboration
with TATA Trusts help power 65
solar irrigation pumps in India,
supporting 1,300+ farmers
Named a Best Practice Leader by European Women on Boards’ Gender Diversity
Index Report, and recognized as the leading company in our sector
Named one of Fortune Recognized by In the top 20 of Joined in the World
World’s Most Admired Bloomberg’s Equileap’s 2022 Woman Hour to inspire future
Companies for the 5th Gender-Equality Gender Equality generations of women to work in energy, in
year in a row
Index for the Global Report collaboration with the World Woman Foundation
5th year in a row
Schneider Sustanability Impact 2021 – 2025
Commitments Overview Climate Resources Trust Equal Generations Local
highlights
Our Open Talent Market platform has facilitated 3,000+ mentoring relationships Among the signatories of the very first commitment
and 3,000+ part-time project roles since its creation in 2019 on the place of employees over 50 in companies with the French
Ministry of Economy
Thousands of students Listed as one of France’s top
shared bold, disruptive ideas 10 employers in the 2022 Glassdoor
in digital and sustainable innovation Employee Choice ranking
during the Schneider Go Green 2022
challenge. Stay tuned for the results!
Schneider Sustanability Impact 2021 – 2025
Commitments Overview Climate Resources Trust Equal Generations Local
highlights
One new team member = one tree! In Serbia and
Montenegro, our team-building efforts include planting trees
Supporting Schneider Electric employees in Ukraine with a 60% of employees in Brazil committed to
crowdfunding campaign via The Schneider Electric Foundation becoming “Net Zero Corporate Citizens”
by reducing their own carbon footprint with a home kit for
efficient household management, such as solar panels, EV
chargers, and more
By 2023, 100% of employees in Romania
will receive coaching on new ways of
working, with a special focus on mental health
In China, 20,000 business Acceleration of inclusion efforts
partners, customers, and in the U.S., including increasing the
students trained through energy- representation of black professionals at all
and climate-related courses levels of the organization
to improve energy-efficiency skills
Schneider Sustanability Impact 2021 – 2025
Commitments Overview Climate Resources Trust Equal Generations Local
note
Schneider Sustainability Impact (SSI) is Schneider Electric’s continuous improvement process to deliver
outstanding sustainability performance, in line with its business strategy. Progress is measured against a
2020 baseline, except for two programs measured against a 2019 baseline to mitigate COVID-19 impacts
(#1 Impact revenues and #10 opportunities for the next generation), and one program measured against
a 2021 baseline (#7 Level of confidence to report unethical conduct)
The SSI provides, on a scoring scale of 10, an overall measure of the Group’s progress on its
sustainability goals. This is done by converting each KPI’s performance on a 10-point scale, considering
that base year performance receives a 3/10 score, and the 2025 objective translates to a 10/10 score.
For each KPI, the relevant score is obtained by linear interpolation, and rounded down to the second
decimal. By construction, the score of an indicator cannot exceed 10/10, and cannot be lower than 0/10.
The overall score of the tool is the average of each KPI’s score with equal weight, excluding the Local
commitment (SSI #+1). In 2022 exceptionally, the SSI #6 is excluded as long as the program is still in
development. An external auditor provides a limited assurance on the KPIs of the SSI once a year –
including the review of the methodologies and processes used to consolidate the different KPIs.
Each year, the SSI performance impacts short-term incentives for the Group’s executives and about
64,000 eligible employees, for 20% of the collective share.
*Note on Q1 2022 results
Regarding the SSI #6, Schneider Electric has built in 2021 its decent work framework and is currently
running a pilot with about 100 strategic suppliers to finalize the methodology before roll-out to all strategic
suppliers in 2022.
Schneider Sustanability Impact 2021 – 2025Commitments Overview Climate Resources Trust Equal Generations Local se.com/sustainability For further inquiries, please reach out to our Investor Relations team here. Follow us on: @schneiderelec
You can also read
