Schneider Electric announces today its non-financial results for the third 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 5.06/10 at the end of October 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 Q2 2015 |
Results Q3 2015 |
Targets 2017 |
|
|
Planet Indicators |
|||||
|
Climate |
10% energy savings |
– |
2.7% |
3.4% |
10% |
|
10% CO2 savings from transportation |
– |
9.5% |
7.03% |
10% |
|
|
Circular economy |
Towards zero waste to landfill for 100 industrial sites |
34 |
49 |
54 |
100 sites |
|
100% of products in R&D designed with Schneider ecoDesign WayTM |
– |
7.8% |
12.5% |
100% |
|
|
Profit Indicators |
|||||
|
Climate & Development (sustainable offers) |
75% of product revenue with Green PremiumTM eco-label |
60.5% |
65% |
62.1% |
75% |
|
100% of new large customer projects with CO2 impact quantification |
– |
– |
– |
100% |
|
|
120,000 tons of CO2 avoided through maintenance, retrofit and end-of-life services |
– |
19 338 |
28,937 |
120 000 |
|
|
x5 turnover of Access to Energy program to promote development for underprivileged people |
– |
x1.92 |
X2.1 |
x5 |
|
|
Ethics |
100% of our recommended suppliers embrace ISO 26000 guidelines |
48% |
56.4% |
51.90% |
100% |
|
All our entities pass our internal Ethics & Responsibility assessment |
– |
– |
72% |
100% |
|
|
People Indicators |
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|
Health & Equity |
30% reduction in the Medical Incident Rate (MIR) |
– |
23% |
23% |
30% |
|
One day training for every employee every year |
79% |
71.4% |
73% |
85% |
|
|
64% scored in our Employee Engagement Index |
61% |
61% |
61% |
64% |
|
|
85% of employees work in countries with Schneider gender pay equity planiI |
– |
– |
– |
85% |
|
|
Development |
150,000 underprivileged people trained in energy management |
73,339 |
86,060 |
94,948 |
150,000 |
|
1,300 missions within Schneider Electric Teachers NGO |
460 |
582 |
695 |
1 300 |
|
|
Overall combined score (out of 10) |
3 |
4.66 |
5.06 |
8 |
|
Gilles Vermot Desroches, Sustainability Senior VP at Schneider Electric, comments: “All barometers’ indicators show a satisfactory evolution. The progress achieved with the “toward zero waste to landfill” objective reflects our ability to quickly take on new challenges in line with the spirit of our commitments to the Paris conference on climate (COP 21). I would also like to highlight that the indicator of Access to Energy program promoting development for underprivileged people is exceeding expectations.
Last but not least, Schneider Electric has been recognized as Industry Leader by the Dow Jones Sustainability Index (DJSI) for the 3rd consecutive year. We are the only player of our industry to be listed in the European DJSI”.
In the third quarter of 2015, 9 indicators out of 16 boosted the overall barometer score. Beginning 2016 2 new indicators will be integrated in the barometer:
- The percentage of new large customer projects with a quantification of their CO2 impact.
- The percentage of employees working in countries with Schneider Electric’s gender pay equity plan.
Highlights of this quarter:
On the Planet pillar:
- Employees’ strong performance on the 10% CO2 savings on transportation objective, with 7.03% of emissions avoided. This result shows Schneider Electric employees awareness on environmental stakes as well as very good supply chain control capabilities. The outlook of this indicator for 2017 seems promising.
- 54 industrial sites of 100 meet the “toward zero waste to landfill” objective. This new objective concerns supply chain or manufacturing facilities recording a recovering rate of more than 99% of metal waste and more than 97% of non metal waste. To truly measure performance facilities that are not generating industrial wastes are not taken into consideration in the audit. The obtained result shows the efforts made to optimize upstream material choice. This process is integrated in a recycling policy for more than 10 years.
On the Profit pillar:
- The revenue of the Access to Energy program is 2.1 times higher this quarter than in the third quarter of 2014. This quarter’s continuous growth is the result of the overperformance in Africa, which consists of projects enabling access to energy in schools, as well as a big contract made in Indonesia, allowing electrification of more than 70 villages.
- The launch of the Ethics & Responsibility assessment indicator, which contributes to the global good barometer score. 72% of Group entities passed the evaluation. The 2017 objective of 100% passing entities shows the willingness to measure and optimize processes, in order to guarantee a responsible management at all the Group’s level.
On the People pillar:
- Medical Incident Rate decreased by 23% compared to end of 2014 confirms the positive trend of security indicators, which are detailed in the annual report. It refers to providing Schneider Electric employees with a safe work environment, as well as trainings allowing a continuously improving risk management capacity.
- The number of underprivileged people trained increased, leading the target to its halfway point, a satisfactory evolution, in line with identified local needs. New training centers have opened in two developing countries (Myanmar, Peru) and many others are planned by the end of 2015.
