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Schneider Electric, on the verge of achieving its annual sustainable development goals

Schneider Electric, leader in the digital transformation of energy management and automation, reported on the progress of its ambitious sustainable development goals.

As part of its sustainable development commitments for the period 2018-2020, Schneider Electric measures its environmental and social impact through a report, the Schneider Sustainability Impact (SSI), which measures the company’s progress on 21 indicators aligned with the United Nations Sustainable Development Goals (SDGs). In the third quarter of 2020, the company scored 8.63 out of 10, up from 7.71 in the previous three months. These results demonstrate that the global economic and health challenges that mark 2020 have not changed the company’s commitment to working for a more sustainable and inclusive world.

“We are proud of the sustainability achievements we have made despite the circumstances we are experiencing this year, but we cannot stay here. We see it as our responsibility to continue to improve our operations and the products and services we provide to our customers. As we approach our goals for 2018-2020 and set new goals for 2021, we will be even more ambitious, ”said Olivier Blum, Director of Strategy and Sustainable Development at Schneider Electric. “Now more than ever, it is essential that businesses, governments and communities work together, not only to continue to work for global decarbonization, but also to accelerate this transition.

The 21 Schneider Electric * indicators are grouped into five major trends: climate, circular economy, health and equity, ethics and development. Full SSI results for the third quarter are available here.

Results presented to date:

About 80% of electricity comes from renewable sources

Over the years, Schneider Electric has gradually strengthened its already ambitious climate commitments. In this sense, during Climate Week 2020, the company committed to achieving carbon neutrality across its entire value chain by 2040, ten years before the objective set by the Paris Agreement. .

Schneider Electric is on track to meet its goal of obtaining 80% of its electricity from renewable energy sources. As of September 30, the percentage reached was 65%. As a result, over the past two years, the Group has reduced the CO2 emissions of its operations by more than 250,000 tonnes, which has contributed to obtaining “Clean Energy Trailblazer” recognition in the RE100 Leadership Awards awarded. by The Climate Group, which recognize companies that are helping accelerate the future of clean energy.

Almost 200 Schneider Electric installations send almost no waste to landfill

An important element of Schneider Electric’s sustainable development vision is to promote a circular economy. In terms of operation, this means leading reduction, reuse and recycling efforts to achieve greater efficiency and reduce the environmental impact of the business.

At the end of the third quarter, Schneider Electric had almost reached its goal of “200 zero waste landfills”, with 193 sites completed. This label, defined internally as TZWL, requires Schneider Electric facilities to divert at least 99% of metallic waste and 97% of non-metallic waste from landfills. In addition, 100% of a facility’s hazardous waste treatment must meet rigorous environmental standards. All of this has saved over 350,000 tonnes of waste in landfills since 2018.

Medical incident rates improve dramatically

Schneider Electric has constantly improved safety. The company’s medical incident rate now stands at 0.56 per 1 million hours worked, compared to 0.79 at the end of 2019. These results were achieved thanks to a series of activities carried out throughout the company. organization by security teams. In addition, the company has launched quarterly health and safety campaigns to increase communication and awareness of the importance of health and safety in the workplace.

Schneider Electric works with its suppliers to continue strengthening their social and environmental references

Schneider Electric operates one of the most sustainable supply chains in the world, as indicated by Ecovadis, a ranking platform that assesses the social and environmental performance of more than 50,000 companies around the world.

Schneider Electric’s network of strategic suppliers obtained an overall score of 56.7 / 100 on Ecovadis, an increase of 5.6 points compared to 2017 and exceeds the company’s objective over three years and an average of 43/100. 100 obtained by the companies analyzed by the platform. Schneider Electric is committed to continuing to support and advise its partners to help them improve their score.

Energy access program emphasizes the importance of carrying out energy projects in agriculture

This quarter, Schneider Electric’s energy access program, which aims to facilitate universal access to energy through training, innovative solutions and investments, shows an increase in its performance, doubling its invoicing by compared to 2017.

The Access to Energy team continues to do important work. In this sense, next month we will be launching a series of digital events that will showcase key partners and projects. These webinars will provide a forum for open discussion with change agents, who will share their vision, knowledge of solutions and recommendations on how to accelerate progress towards universal access to energy. The first event is scheduled for November 3 and will focus on a productive energy for agriculture project.

“The third quarter extra-financial results show that we continue to work hard to achieve our 2020 targets. We are very proud of the sense of collaboration and trust in our ecosystem of partners, customers and local communities across the world, ”said Gilles Vermot Desroches, Senior Vice-President Sustainable Development at Schneider Electric. “These excellent results, which come in a very complex context, show that we continue to prioritize our contribution to the UN SDGs.”

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Recognitions and awards

Schneider Electric, in the Top 100 of the 5,500 companies included in the “Sustainable Management Ranking” of the Wall Street Journal. Schneider Electric wins the “Clean Energy Trailblazer 2020” award at the Climate Group Leadership Awards. Schneider Electric is ranked 11th in the Top 20 Transparency Awards, in the “Best Progression” category, awarded by the French compliance communication agency Labrador.

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