Connect - Schneider Electric
Connect - Schneider Electric Connect - Schneider Electric
For the fi rst time since the barometer was created in 2005, all the indicators achieved their target of 8/10. Seven indicators had even achieved 10/10 (CO 2 emissions, ISO 14001 certifi cation, energy effi ciency, access to energy, accident rate, company recommendation, energy management training). Communicating the results of the Planet & Society Barometer Since 2009, the Planet & Society Barometer has been published through the following channels: • the website www.barometre.schneider-electric.com, expanded in 2011 to include an interactive tool; • the quarterly Planet & Society Barometer newsletter informs the main Schneider Electric stakeholders about the previous quarter’s performance and achievements; the newsletter sent by e-mailed to a list updated continuously; • on the Group’s Intranet, the performance of the Planet & Society Barometer, which refl ects value creation for stakeholders, is listed next to the Schneider Electric share price, which refl ects value creation for shareholders; In 2012, quarterly conference calls have been set with concerned investors to present the results of the Planet & Society Barometer. For more information: www.schneider-electric.com/baromet er. SUSTAINABLE DEVELOPMENT SUSTAINABLE DEVELOPMENT AT THE HEART OF OUR STRATEGY Sustainable development criteria in performance incentives Sustainable development components were added to the personal performance incentives of all members of the Executive Committee in 2011. These components are directly linked to the Planet & Society Barometer targets. They are personalised according to the areas of involvement for each (e.g. Green Premium: production of Environmental Product Profi les for the members of the Executive Committee in charge of the activities). Since 2010, the CO reduction target has been taken into 2 account for the performance incentives of all Global Supply Chain Management personnel who receive a bonus. The reduction in the occupational accidents Severity Rate and in the Medical Incident Rate is taken into account for the performance incentives of all managers at industrial sites and logistics centres who receive a bonus. In December 2011, the annual long term incentive plan for 2012 was put in place granting 2,637 people performance shares on the condition that they belong to the Group on the day at the end of the acquisition period and that performance targets are met. For the fi rst time defi nitive attribution of a part of the shares is conditional on meeting a sustainable development target which is defi ned as the Planet & Society Barometer score at the end of 2013. We remind that barometer is published externally and its components are audited. 1.3 External and internal bases of preparation for a solid framework Our external bases of preparation The United Nations Global Compact The Global Compact was launched in 1999 by UN Secretary- General Kofi Annan. It brings companies and non-governmental organisations together under the aegis of the United Nations to “unite the power of markets with the authority of universal ideals”. Parties signing the Global Compact commit to 10 fundamental principles in four areas: human rights, labour, the environment and anti-corruption. In signing the Global Compact in December 2002, Schneider Electric made a public commitment to these universal values. The Group has primarily worked to share this commitment with its partners since 2003 (see page 56 “Relations with sub-contractors and suppliers”). In line with the Global Compact requirements, Schneider Electric publishes an annual progress report. This publication reports on the Group’s action plans and monitoring indicators for the 10 principles of the Global Compact. Last year, Schneider Electric worked on meeting the Advanced level criteria of the Global Compact. The reference table is available on the Global Compact website (COP 2011). With this report, the Group meets the Advanced level again this year. ISO 26000 In 2010, the ISO (International Organisation for Standardisation) published guidelines on organisations’ societal responsibility (ISO standard 26000). ISO 26000 is a compromise that gets different players from the public, private and non-profi t sectors, from around 100 countries, involved, and a vision of how an organisation should view societal responsibility. Schneider Electric’s actions towards sustainable development are completely in line with ISO 26000. This standard legitimises the sustainable development actions undertaken by the Group since the early 2000s and provides an educational support and framework for its actions in the fi eld. The Global Reporting Initiative The Global Reporting Initiative (GRI) was established in 1997 as a mission to develop globally applicable directives to report on economic, environmental and social performance; initially intended for companies and subsequently for any governmental or nongovernmental organisation. Brought about by the Coalition for Environmentally Responsible Economies (CERES) in association with the United Nations Environmental Program, the GRI integrates the active participation of companies, NGOs, accounting bodies, business associations, and other stakeholders from across the globe. REGISTRATION DOCUMENT 2011 SCHNEIDER ELECTRIC 47 2
- Page 1 and 2: Registration Document 2011 Financia
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- Page 5 and 6: distinctions that are both an achie
- Page 7 and 8: Interview with Schneider Electric r
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- Page 11 and 12: Sales by geography 18% Rest of the
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- Page 17 and 18: 1 Description of the Group, and its
- Page 19 and 20: 1.3 The emergence of sustainable ci
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- Page 29 and 30: 3.2 A platforms strategy The growin
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- Page 33 and 34: 4. Organisational simplicity DESCRI
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- Page 37 and 38: These procedures include quarterly
- Page 39 and 40: The Group may be exposed to the ris
- Page 41 and 42: Legal risks The Group’s products
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- Page 45 and 46: 2 Sustainable development 1. Sustai
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- Page 53 and 54: 1.7 Ratings and awards The evaluati
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- Page 57 and 58: PARTNERSHIPS WITH START-UPS Aster C
- Page 59 and 60: Finally, by the very nature of its
- Page 61 and 62: Award for excellence 2011 The Group
- Page 63 and 64: Organisation At the corporate level
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- Page 69 and 70: The Green Plastic program is carrie
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For the fi rst time since the barometer was created in 2005, all<br />
the indicators achieved their target of 8/10. Seven indicators had<br />
even achieved 10/10 (CO 2 emissions, ISO 14001 certifi cation,<br />
energy effi ciency, access to energy, accident rate, company<br />
recommendation, energy management training).<br />
Communicating the results of the Planet<br />
& Society Barometer<br />
Since 2009, the Planet & Society Barometer has been published<br />
through the following channels:<br />
• the website www.barometre.schneider-electric.com, expanded<br />
in 2011 to include an interactive tool;<br />
• the quarterly Planet & Society Barometer newsletter informs<br />
the main <strong>Schneider</strong> <strong>Electric</strong> stakeholders about the previous<br />
quarter’s performance and achievements; the newsletter sent by<br />
e-mailed to a list updated continuously;<br />
• on the Group’s Intranet, the performance of the Planet & Society<br />
Barometer, which refl ects value creation for stakeholders, is listed<br />
next to the <strong>Schneider</strong> <strong>Electric</strong> share price, which refl ects value<br />
creation for shareholders;<br />
In 2012, quarterly conference calls have been set with concerned<br />
investors to present the results of the Planet & Society Barometer.<br />
For more information: www.schneider-electric.com/baromet er.<br />
SUSTAINABLE DEVELOPMENT<br />
SUSTAINABLE DEVELOPMENT AT THE HEART OF OUR STRATEGY<br />
Sustainable development criteria in<br />
performance incentives<br />
Sustainable development components were added to the personal<br />
performance incentives of all members of the Executive Committee<br />
in 2011. These components are directly linked to the Planet<br />
& Society Barometer targets. They are personalised according to<br />
the areas of involvement for each (e.g. Green Premium: production<br />
of Environmental Product Profi les for the members of the Executive<br />
Committee in charge of the activities).<br />
Since 2010, the CO reduction target has been taken into<br />
2<br />
account for the performance incentives of all Global Supply Chain<br />
Management personnel who receive a bonus.<br />
The reduction in the occupational accidents Severity Rate and in<br />
the Medical Incident Rate is taken into account for the performance<br />
incentives of all managers at industrial sites and logistics centres<br />
who receive a bonus.<br />
In December 2011, the annual long term incentive plan for 2012<br />
was put in place granting 2,637 people performance shares on the<br />
condition that they belong to the Group on the day at the end of the<br />
acquisition period and that performance targets are met. For the<br />
fi rst time defi nitive attribution of a part of the shares is conditional<br />
on meeting a sustainable development target which is defi ned<br />
as the Planet & Society Barometer score at the end of 2013. We<br />
remind that barometer is published externally and its components<br />
are audited.<br />
1.3 External and internal bases of preparation for a solid framework<br />
Our external bases of preparation<br />
The United Nations Global Compact<br />
The Global Compact was launched in 1999 by UN Secretary-<br />
General Kofi Annan. It brings companies and non-governmental<br />
organisations together under the aegis of the United Nations to<br />
“unite the power of markets with the authority of universal ideals”.<br />
Parties signing the Global Compact commit to 10 fundamental<br />
principles in four areas: human rights, labour, the environment and<br />
anti-corruption.<br />
In signing the Global Compact in December 2002, <strong>Schneider</strong><br />
<strong>Electric</strong> made a public commitment to these universal values. The<br />
Group has primarily worked to share this commitment with its<br />
partners since 2003 (see page 56 “Relations with sub-contractors<br />
and suppliers”).<br />
In line with the Global Compact requirements, <strong>Schneider</strong> <strong>Electric</strong><br />
publishes an annual progress report. This publication reports on the<br />
Group’s action plans and monitoring indicators for the 10 principles<br />
of the Global Compact. Last year, <strong>Schneider</strong> <strong>Electric</strong> worked on<br />
meeting the Advanced level criteria of the Global Compact. The<br />
reference table is available on the Global Compact website (COP<br />
2011). With this report, the Group meets the Advanced level again<br />
this year.<br />
ISO 26000<br />
In 2010, the ISO (International Organisation for Standardisation)<br />
published guidelines on organisations’ societal responsibility (ISO<br />
standard 26000). ISO 26000 is a compromise that gets different<br />
players from the public, private and non-profi t sectors, from around<br />
100 countries, involved, and a vision of how an organisation should<br />
view societal responsibility. <strong>Schneider</strong> <strong>Electric</strong>’s actions towards<br />
sustainable development are completely in line with ISO 26000.<br />
This standard legitimises the sustainable development actions<br />
undertaken by the Group since the early 2000s and provides an<br />
educational support and framework for its actions in the fi eld.<br />
The Global Reporting Initiative<br />
The Global Reporting Initiative (GRI) was established in 1997 as<br />
a mission to develop globally applicable directives to report on<br />
economic, environmental and social performance; initially intended<br />
for companies and subsequently for any governmental or nongovernmental<br />
organisation.<br />
Brought about by the Coalition for Environmentally Responsible<br />
Economies (CERES) in association with the United Nations<br />
Environmental Program, the GRI integrates the active participation<br />
of companies, NGOs, accounting bodies, business associations,<br />
and other stakeholders from across the globe.<br />
REGISTRATION DOCUMENT 2011 SCHNEIDER ELECTRIC 47<br />
2