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2 SUSTAINABLE DEVELOPMENT<br />

GREEN AND RESPONSIBLE GROWTH DRIVING ECONOMIC PERFORMANCE<br />

52<br />

> 2. Green and responsible growth<br />

driving economic performance<br />

This chapter covers two subjects:<br />

• Products and solutions for fighting climate change: energy<br />

effi ciency, renewable energies, electric vehicles, smart grid,<br />

product end-of-life recovery services , etc.<br />

• Business ethics: Group responsibility principles, fi ght against<br />

corruption, relations with suppliers and subcontractors.<br />

2.1 Overview<br />

Context and aims<br />

Climate change is one of the main challenges of the 21st century.<br />

<strong>Schneider</strong> <strong>Electric</strong> works for sectors that account for the majority<br />

of global energy consumption. Energy consumption is not always<br />

optimised, which makes it one of the largest sources of CO2 emissions.<br />

As a global specialist in energy management, <strong>Schneider</strong> <strong>Electric</strong>’s<br />

products and solutions help reduce energy use and CO emissions.<br />

2<br />

The Group is therefore developing energy effi ciency solutions to<br />

reduce energy bills by up to 30% for every type of building. The<br />

Group’s solutions also target other areas related to intelligent<br />

electricity networks (Smart Grids): generation and connection to the<br />

renewable energies grid; electric vehicles; and demand-response.<br />

REGISTRATION DOCUMENT 2011 SCHNEIDER ELECTRIC<br />

Corporate governance is discussed in chapter 3 “Corporate<br />

Governance” page 107 : working of the Supervisory Board,<br />

Management Board, Internal Control & Audit, shareholders’ rights,<br />

remuneration of members of the Supervisory Board, Management<br />

Board and Executive Committee.<br />

Moreover, the Group’s products and solutions are sold worldwide,<br />

either directly to end customers or through networks of partners,<br />

therefore without any control over their fi nal destination and endof-life<br />

processing. To limit the impact of its end-of-life products,<br />

<strong>Schneider</strong> <strong>Electric</strong> has established a system to recover equipment<br />

containing SF , a powerful greenhouse gas.<br />

6<br />

The Group works in more than 100 countries, with uniform practices,<br />

standards and values. <strong>Schneider</strong> <strong>Electric</strong> is also committed to act<br />

responsibly towards all of its stakeholders. Therefore, the Company<br />

has defi ned its Principles of Responsibility that apply to the whole<br />

Group and are based on dedicated organisation and processes.<br />

<strong>Schneider</strong> <strong>Electric</strong> has also been involved in the United Nations<br />

Global Compact since 2002, which it wishes to encourage a larger<br />

number of its suppliers to sign.<br />

Four key performance indicators were set in <strong>Schneider</strong> <strong>Electric</strong>’s Planet & Society Barometer over the duration of the One program<br />

(2009- 2011):<br />

Objectives for Year-End-2011 2011 2010 2009 2008<br />

1. Exceeding the Group’s growth by 7 points per year<br />

with our energy effi ciency activities 14.2 ▲ 8.3 5.3 NM<br />

2. Implement a recovery process for SF gas 6<br />

in 10 countries<br />

3. Make 60% of our purchases from suppliers who<br />

8 3 3 0<br />

support the Global Compact<br />

4. Ensure that 4 major ethical stock indices select<br />

50.4% ▲ 42% 33% 30%<br />

<strong>Schneider</strong> <strong>Electric</strong><br />

NM = Indicator not monitored<br />

3 ▲ 2 3 3<br />

The 2008 performance serves as a starting value for the Planet & Society Barometer of the One program between 2009 and 2011.<br />

▲ 2011 Audited Indicators<br />

Please refer to pages 90 to 92 for the methodological presentation of indicators and the following pages for the analysis of the results<br />

(pages 53-54 for indicator 1, 55-56 for indicator 2, 56-57 for indicator 3, 51 for indicator 4 ).

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