Schneider Electric announces today its non-financial results for the second quarter of 2015. Schneider Electric measures its ambitious commitment in terms of sustainable development for the 3-year period from 2015 to 2017 through 16 indicators reported on a quarterly basis in the Planet & Society barometer. Reaching a score of 4.66 (out of a possible 10) at the end of June 2015, the barometer exceeds its year-end target of 4.5/10.

The non-financial results by indicator are the following:  

Planet & Society barometer

Start 2015

Results Q1 2015

Results Q2 2015

Targets 2017

Planet Indicators

 

 

 

 

Climate

10% energy savings

–

2%

2.7%

10%

10% CO2
savings from transportation1

–

–

9.5%

10%

Circular economy

Towards zero waste to landfill for 100 industrial sites

34

39

49

100 sites

100% of products in R&D designed with Schneider
ecoDesign WayTM

–

0.5%

7.8%

100%

Profit
Indicators

 

 

 

 

Climate &
Development (sustainable offers)

75% of
product revenue with Green PremiumTM eco-label

60.5%

64.1%

65%

75%

100% of new
large customer projects with CO2 impact quantification2

–

–

–

100%

120,000 tons of CO2 avoided through maintenance,
retrofit and end-of-life services

–

6,669

19,338

120,000

x5
turnover of Access to Energy program to promote development for
underprivileged people

–

x1.18

x1.92

x5

Ethics

100% of our
recommended suppliers embrace ISO 26000 guidelines

48%

51%

56.4%

100%

All our entities pass our internal Ethics &
Responsibility assessment3

–

–

–

100%

People Indicators

 

 

 

 

Health & Equity

30% reduction
in the Medical Incident Rate (MIR)

–

19%

23%

30%

One day training
for every employee every year4

79%

70.8%

71.4%

85%

64% scored
in our Employee Engagement Index5

61%

–

61%

64%

85% of
employees work in countries with Schneider gender pay equity plan2

–

–

–

85%

Development

150,000 underprivileged people trained in energy management

73,339

78,448

86,060

150,000

1,300
missions within Schneider Electric Teachers NGO

460

523

582

1,300

Overall combined score (out of 10)

1 With the exception
of the annual results, there is a time lag of one quarter in the reporting of
this indicator: in Qn, the reported result is
that of Qn-1.

2 Results measured from 2016
(measurement tools deployed in 2015).

3 Bi-annual results in Q3 and in Q4.

4 Measurement on a rolling year.

5 Bi-annual results in Q2 and in
Q4.

6 Target Q1 2015: 3.42. Year-end target 2015: 4.5.

3

3.67

4.666

8

Gilles Vermot Desroches, Sustainability Senior VP at Schneider Electric, comments:

“In the first half of 2015, the Planet & Society barometer 2015-2017 reaches 4.66/10, a result above its year-end target of 4.5/10. We know that the main challenge is to sustain the efforts of the first quarters, in order to reach or even exceed our three-year targets.

As planned, three indicators will be published later on. All other barometer’s indicators show a satisfactory start.It may be noted that the sales of our Access to Energy program is almost twice higher in the first half of 2015 than 1 year ago. The objective remains ambitious: to multiply by 5 the turnover of this program in 2017 compared to the reference year 2014.

Finally, we are proud to have been ranked, in early July 2015, the company most committed to sustainable development of the CAC 40 index for the second consecutive year. This ranking was published in Enjeux Les Echos magazine in partnership with Institut RSE.”

In the second quarter of 2015, 10 indicators over 16 boosted the overall barometer score and 3 indicators are not yet measured: the percentage of new large customer projects with a quantification of their CO2 impact, the percentage of Schneider Electric’s entities that succeed in the Ethics and Responsibility internal audit, and the percentage of employees working in countries with Schneider Electric’s gender pay equity plan.

Highlights of this quarter:

On the Planet pillar:

  • 7% energy savings were recorded on Schneider Electric’s sites in the first half of 2015 through the Energy Action program. The latter makes use of the energy management solutions developed by the Group. This result is in line with the target of 10% savings on the 2015-2017 period and follows the 13% savings achieved over the previous period 2012-2014.
  • 5% CO2 savings were achieved in the transport of the Group’s goods. This result is quite promising compared to its target of 10% over the period 2015-2017. It concerns the first quarter of 2015 as the indicator is published with a time lag of one quarter; indeed, each quarter, Schneider Electric teams must perform a long quality review of the data received from the approximately 100 carriers involved in this program. This great performance underscores both the reduction of air transport in favor of sea, and the optimization of road transport.

On the Profit pillar:

  • Revenues of the Access to Energy program is 1.92 times higher in the first half of 2015 than that achieved in the first half of 2014. Africa has outperformed in Q2 2015 through contracts in Kenya (schools’ electrification), Nigeria (streetlights) and South Africa (portable and home lighting systems).
  • 4% of Schneider Electric’s recommended suppliers have passed the assessment based on ISO 26000 by a third party. Since 2011, sustainable development has become one of the seven pillars used to measure Schneider Electric suppliers’ performance, allowing the highest-performing suppliers to become “recommended”. This category of suppliers represents more than 50% of the Group’s purchases.

On the People pillar:

  • The employee engagement score reaches 61%. It is stable compared to the last survey conducted in late 2014. The goal is to gain 1 point of engagement each year, to reach 64% at the end of 2017. This semester, the participation rate achieved a record level of 74%.
  • 582 local and international volunteering missions have been conducted since 2012 by Schneider Electric employees or retirees. This quarter, 59 missions have been finalized, including 13 international missions, 21 local missions for India, and 11 local missions for Brazil.

A dynamic and recognized commitment

  • On May 20th and 21st 2015, Jean-Pascal Tricoire, CEO of Schneider Electric, has co-chaired the Business & Climate Summit with Pierre-André de Chalendar, CEO of Saint-Gobain. Over 1500 international business leaders, policymakers and investors gathered in Paris in preparation of COP 21; an unprecedented mobilization of businesses that are committed to leading the transition to a low-carbon and climate resilient global economy.
  • On July 2nd 2015, Schneider Electric has been awarded as the most sustainable company of the CAC 40 for the second consecutive year by Enjeux Les Echos magazine and Institut RSE (CSR Institute). “Engaging in sustainability is positive for everyone: our customers, our employees, the communities in which we operate, our shareholders and the planet we share”, says Jean-Pascal Tricoire to Enjeux Les Echos, at the announcement of the results. With a score of 840/1000, the position of Schneider Electric shows that the Group has been integrating sustainability into its overall performance, and its decision-making and execution processes for a long time. Schneider Electric In, the top 5 ranking Schneider Electric is followed, by Danone, L’Oreal, EDF and BNP Paribas.
  • Schneider Electric has been ranked 3rd industrial and 25th global greenest company within the Newsweek Green Ranking 2015. For this ranking, US magazine Newsweek partners with Corporate Knights, a Canadian research and investment consulting firm. Earlier this year, the Group also ranked 9th in the “100 Most sustainable corporations in the world” list established by Corporate Knights.
  • Schneider Electric launched the Energy Access Ventures fund for access to sustainable energy in Sub-Saharan Africa, whose characteristics are: secured commitments of 54.5 million euros, 5-year financial instruments for approximately 20 African SMEs, and an aim to provide access to energy for one million people by 2020. On this occasion, a conference on access to energy in Africa was organized at the French Ministry of Foreign Affairs on June 22th 2015, in the presence of Annick Girardin, Secretary of State for Development and Francophonie, Jean-Pascal Tricoire, entrepreneurs and investors. The fund was created in partnership with CDC Group – the UK Department for International Development (DFID), European Investment Bank, AFD – PROPARCO, OFID and FFEM. It is managed by Aster Capital and advised by Energy Access Venture (EAV), a company based in Africa.