Schneider Electric has released its Sustainability Report that includes increased impacts for nine of its 21 goals for sustainability.
"Our Sustainability Report explores our sustainability commitments. Here is our promise to future generations: We will be part of the solution, taking urgent actions now to co-create a brighter future for everyone, everywhere," says Jean-Pascal Tricoire, Schneider Electric Chairman and CEO.
Sustainability is at the heart of Schneider Electric
At Schneider Electric, sustainability is at the heart of everything. Schneider Electric's commitment to sustainability extends across its technology, its value chain, its business model, and its culture.
"We believe access to energy is a fundamental right. Our world is transforming rapidly, and our generation is facing a tectonic shift in energy transition and industrial revolution, catalyzed by accelerated digitization in a more electric world. For the first time in history, we can all participate in a step change in efficiency and the rare opportunity to reconcile the paradox between progress for all and a sustainable future for our planet. At Schneider Electric, we provide energy and automation digital solutions for efficiency and sustainability," comments Jean-Pascal.
"To be truly sustainable, these transitions must also be just. True sustainability is wide-ranging, so along with decarbonization and environmental action, we aim for better outcomes in health, equity, diversity and inclusion, and human rights. Within our company, we all share the same values and the vision of who we are, of what we do, and how we should do it. We are empowered to do our best, innovate, and encourage all our people to make a positive impact."
Achieving sustainable development goals
Schneider Electric is also doing its part to achieve UN Sustainable Development Goals that consist of 17 objectives for protecting the planet, alleviating poverty, and achieving worldwide peace and justice.
Schneider Electric instills a culture around sustainability through performance incentives for employees and leadership. These incentives encourage leaders to prioritize decisions that improve sustainability performance.
Schneider Electric promises to create a brighter future for everyone, everywhere
Through its Sustainability Report, Schneider Electric promises to:
- Create a company its employees want to work for: Schneider Electric's great resource is its people, which is why it is taking action to establish a good work / life balance while providing equal opportunity for today’s workforce, and the next generation. Schneider Electric introduced a new People Vision to transform the way people work, because, for Schneider Electric, creating a sustainable workforce means prioritizing employee wellness.
- Grow its business using fewer natural resources: The circular economy is a global strategic transformation that is central to everything Schneider Electric does. It benefits the planet, improves its customers’ performance, helps governments and countries through local job creation, and leads to sustainable relationships with Schneider Electric customers.
- Fight climate change: Schneider Electric is taking urgent climate action through its EcoStruxure™ platform, which helps thousands of our customers worldwide drastically reduce their energy use. Schneider Electric also aims to go carbon neutral through more investment in renewable electricity and major energy efficiency gains.
- Advocate for human rights: At Schneider Electric, prioritizing human rights and anti-corruption is vital to its work environment. That's why Schneider Electric goes beyond regulatory compliance to conduct business ethically, sustainably, and responsibly and aims to create fair and ethical business practices.
- Give more people access to energy: Schneider Electric aims to tackle energy poverty in emerging economies. Schneider Electric believes access to energy is a fundamental right, so it must act to provide energy in a way that is safe, sustainable, and responsibly managed.
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Disclosure: Where Women Work researches and publishes insightful evidence about how its paid member organizations support women's equality.