For a second year in a row, Schneider Electric has earned a place on the Financial Times Diversity Leaders list.
Schneider Electric ranked at number two in its industry and 27th out of 850 companies.
The list is based on employees's evaluation of 850 European companies regarding diversity of gender, ethnicity, age, disability and sexual orientation.
Four pillars of Schneider Electric's diversity strategy
Schneider Electric's global Diversity and Inclusion Board and Executive Leadership Team holds itself accountable to the company's Diversity and Inclusion ambitions and strategy.
The strategy stands on four pillars.
Firstly, Empowered Diversities. While gender diversity was the first element we addressed, Schneider Electric's work has expanded over the years to encompass Nationalities, Generations, LGBT+, and People with Disabilities.
Secondly, Inclusive Practices, where Schneider Electric has made great strides in areas like Pay Equity, Bias-Free Processes, Flexibility Principles, and its Global Family Leave Policy.
Challenging hidden biases in part of Schneider Electric's third pillar, Inclusive Behaviors. The company expect all its employees and especially its people managers to go through specific training that enables them to identify and challenge biases that inevitably creep up in human thought processes.
Finally, in terms of advocacy, Schneider Electric's public commitments such as United Nations partnerships and participation in prestigious awards and speaking engagements keep the company accountable, enable us to learn from best-in-class peers, and also share its progress and learning with its extended global community.
Bringing together people from all walks of life
Responding to the recognition, Schneider Electric CEO Jean-Pascal Tricoire commented: "Fifteen years ago, Schneider Electric's leadership team was mostly male. Gender imbalance in a male-dominated industry was something we decided to tackle head-on."
"Today, females make up 42% of our Board and manage more than 50% of our business. And while this progress is something we are pleased with, we recognize that #diversity (be it gender, nationality, ethnicity, LGBT+, generation, disability, etc.) is not just about percentages," he added.
"We want to build an inclusive environment where our people belong, are uniquely valued and safe to contribute their best. Diversity breeds innovation, collaboration and high performance. We’re not going to think differently if we are all alike. And finding a way to blend diversity in thought and ideas makes our organization more human, more competitive and more fun.
"That the Financial Times recognized us as a Diversity Leader is a validation of our global strategy. But D&I is not something we declare; it is something we build. Day in, day out. In our workplace, and across our ecosystem of customers, partners and surrounding communities," he continued.
"At Schneider, we bring together people from all walks of life, ages and cultures passionate about our purpose. And we’re stronger because of it. Great people make a great company."
Work for a company recognized for its diversity commitment
Schneider Electric is a company with a meaningful purpose and an inclusive culture. It also understands that a diverse workforce at all levels is essential for innovation and high performance.
Find your meaningful purpose with a job at Schneider Electric.
Find out more
Disclosure: Where Women Work researches and publishes insightful evidence about how its paid member organizations support women's equality.