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Registration Document 2011 - Schneider Electric

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2 SUSTAINABLE<br />

SUSTAINABLE DEVELOPMENT<br />

DEVELOPMENT AT THE HEART OF OUR STRATEGY<br />

By aligning itself with the GRI in 2010 and obtaining a score of<br />

B, <strong>Schneider</strong> <strong>Electric</strong> reinforced its extra-fi nancial reporting. A<br />

reference table with these indicators and the indicators proposed<br />

by the GRI is provided on the website: Company > Sustainability<br />

> Sustainable governance.<br />

Our internal basis of preparation: the<br />

Responsibility & Ethics Dynamics (R&ED)<br />

program and Our Principles of Responsibility<br />

The challenges<br />

As a global corporation, <strong>Schneider</strong> <strong>Electric</strong> continuously interacts<br />

with local and international partners. The Group’s borders are<br />

expanding, its environment is constantly changing, and its societal<br />

responsibilities and activities are growing. In this international<br />

context, reprehensible behaviour may be seen when the ethics<br />

inspection and prevention processes are fragile. The Group is<br />

responsible for implementing its resources to support employees in<br />

the event of an ethical dilemma.<br />

The aim of the program<br />

In 2002, <strong>Schneider</strong> <strong>Electric</strong> published a set of guidelines entitled Our<br />

Principles of Responsibility to give all team members a common<br />

reference point. The document outlines the Group’s commitments<br />

to each of its stakeholder groups: the Company’s employees, its<br />

economic partners (mainly clients and suppliers), shareholders, the<br />

community and the planet.<br />

• In 2009, the Group updated Our Principles of Responsibility to set<br />

out standards on ethics. This document incorporates updated<br />

Group and employee commitments on the following:<br />

• the respect of law, the limits established by each employee to<br />

ensure he or she entirely respects the laws of all the countries in<br />

which <strong>Schneider</strong> <strong>Electric</strong> works;<br />

• the deontology that all employees must follow in line with the laws<br />

in force in countries where <strong>Schneider</strong> <strong>Electric</strong> works;<br />

• Group societal responsibility, which all employees must respect<br />

to act responsibly towards society and the planet.<br />

In 2010, the Responsibility & Ethics Dynamics program put these<br />

ambitions into practice by setting up an organisation, procedures<br />

and tools for the Group, so that its employees could:<br />

• provide team members with effective support in their daily actions<br />

and decision-making, primarily through access to the necessary<br />

resources (policies, procedures, tools & best practices);<br />

• help team members identify the appropriate individuals to guide<br />

them in their responsible approach and in each of the areas<br />

covered by the principles;<br />

• know how to notify the authorities of breaches of ethics, with<br />

respect for current laws and regulations.<br />

For more information: see Our Principles of Responsibility page 57 .<br />

1.4 Global policies<br />

Reference documents are distributed throughout the Group so that<br />

all team members can embrace <strong>Schneider</strong> <strong>Electric</strong>’s responsibility<br />

approach and apply it in line with local culture and legislation.<br />

Ethics<br />

The Our Principles of Responsibility document is not only <strong>Schneider</strong><br />

<strong>Electric</strong>’s ethics charter; it also constitutes a code of conduct. All of<br />

the Group’s policies stem from it (environment, quality, purchases<br />

and the different social policies). The document is available in 30<br />

languages and is distributed to all employees.<br />

Environment<br />

The fi rst version of <strong>Schneider</strong> <strong>Electric</strong>’s environmental policy was<br />

published in 1992, changed in 2004 and confi rmed in October 2007.<br />

It aims to improve industrial processes, reinforce product ecodesign<br />

and incorporate Group customers’ concerns for environmental<br />

protection, while providing product and service solutions. It applies<br />

to the Group and is accompanied by global action plans.<br />

Social<br />

The Group’s Human Resources policies cover the following:<br />

diversity, hiring, recruiting, international mobility, training, human<br />

capital development, talent identifi cation, total remuneration, social<br />

benefi ts and health and safety. These apply to the Group and are<br />

accompanied by global processes.<br />

48<br />

REGISTRATION DOCUMENT <strong>2011</strong> SCHNEIDER ELECTRIC

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