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2 SUSTAINABLE DEVELOPMENT<br />

COMMITTED TO AND ON BEHALF OF EMPLOYEES<br />

78<br />

<strong>Schneider</strong> <strong>Electric</strong> subcontracts to the Établissements et Services<br />

d’Aide par le Travail (ESAT – Assistance through Employment<br />

Entities and Services) for industrial work, landscaping services,<br />

catering and seminars. In Europe, the amount subcontracted to<br />

the protected employment sector represents EUR 43 million in<br />

2011, including: EUR 18 million in France, EUR 12 million in Spain,<br />

EUR 4 million in other Western Europe countries and EUR 9 million<br />

in Eastern Europe (Czech Republic and Hungary).<br />

<strong>Schneider</strong> <strong>Electric</strong> signed its eighth Disability Agreement in<br />

France in January 2010. The three-year Agreement (2010, 2011<br />

and 2012) is directed and promoted globally and throughout<br />

the country through a network of internal and external members<br />

(Purchasing Department, Employment Management Department,<br />

Occupational Health Department, Communication Department,<br />

corporate partners and specialist agencies) with local rollout by<br />

“Disability Offi cers”.<br />

In France, <strong>Schneider</strong> <strong>Electric</strong> recruits through work-study<br />

programs for positions that are predominantly technical, and also<br />

for service sector positions ranging from the Certifi cat d’Aptitude<br />

Professionnelle (skills training certifi cate) to engineering degree level.<br />

The company is committed to recruiting 20 persons with disabilities<br />

each year: 15 on work-study contracts (learning and/or professional<br />

development) and 5 persons on a fi xed-term contract.<br />

In 2011, 8 people with disabilities were recruited on work-study<br />

contracts and 6 on permanent contracts. In all, employees<br />

with disabilities accounted for 6.19% of employment at<br />

<strong>Schneider</strong> <strong>Electric</strong> in France in 2011, 3% of these in indirect<br />

employment (subcontracting to the protected sector) and 3.19%<br />

in direct employment. The mobilisation of internal actors and the<br />

creation of a network of responsible persons for disability in 2010<br />

led to an improvement of practices; thus, the objective of 6% set by<br />

the law was reached for the second year in a raw.<br />

4.7 Employee share ownership<br />

<strong>Schneider</strong> <strong>Electric</strong> is convinced that employee share ownership is<br />

instrumental in strengthening companies’ capital (both fi nancial and<br />

human), and that employee shareholders are long-term partners.<br />

Approach<br />

The Group has been building an international employee shareholder<br />

base since 1995 that is representative of the Group’s diversity.<br />

Employees should hold around 5% of the capital in 2015.<br />

Action plans<br />

Employee share ownership plan 2011<br />

<strong>Schneider</strong> <strong>Electric</strong> has ramped up its in-house communication to<br />

employees to ensure that they have a clear understanding of the<br />

challenges facing the company, its policy and its fi nancial results.<br />

T he “2011 Plan” was very well received, with 24,400 employees in<br />

14 countries subscribing shares for a total of EUR 178 million.<br />

The employee shareholding at December 31, 2011 represented:<br />

• 4.55% of <strong>Schneider</strong> <strong>Electric</strong> SA’s capital and 7.06% of the voting<br />

rights;<br />

• Over 30% of the employees worldwide.<br />

REGISTRATION DOCUMENT 2011 SCHNEIDER ELECTRIC<br />

<strong>Schneider</strong> <strong>Electric</strong> in 2011 committed to a voluntary approach within<br />

the scope of the disability agreement to improve all of its industrial<br />

and tertiary establishments in France and make them accessible. In<br />

compliance with the French law of 2005 promoting the principal of<br />

equal access to all and for all, the program anticipates:<br />

• carrying out an assessment of the situation on existing sites;<br />

• ensuring compliance with legislation and going beyond;<br />

• anticipating future construction and renovation projects;<br />

• making expert occupations more professional in terms of<br />

disability access;<br />

• constantly working for improvement using a measurement<br />

indicator: the accessibility index.<br />

This project covers 30 establishments in 2011 and around 40 in<br />

2012.<br />

Generational diversity (France)<br />

Within the scope of the agreement on seniors, <strong>Schneider</strong> <strong>Electric</strong><br />

has implemented an interview for the second half of a career called:<br />

“The Outlook Meeting”.<br />

This is a voluntary meeting for employees on their 45th birthday.<br />

The Outlook Meeting takes place in two stages:<br />

• an outlook stage with an Apec consultant (Management<br />

Employment Agency) that aims to help the employee to plan for<br />

the second half of their career;<br />

• a consolidation stage with their manager to validate the<br />

professional development pathways they have taken and to<br />

implement an individual action plan.<br />

More than 300 employees have had an Outlook Meeting, 74%<br />

would recommend the meeting to their colleagues.<br />

In 2012, the Group is already expected to launch a new global Plan.<br />

This 2012 Plan will cover 103,000 employees in 26 countries.<br />

Socially responsible investment fund<br />

In November 2009, <strong>Schneider</strong> <strong>Electric</strong> created the Fund <strong>Schneider</strong><br />

énergie Solidaire (a dedicated mutual fund). A number of information<br />

sessions were held on this special purpose fund providing the<br />

opportunity for employees in France to share in the ideas and<br />

actions of <strong>Schneider</strong> <strong>Electric</strong> outlined in its access to energy<br />

program called BipBop (see pages 81-85 ).<br />

Investment in this fund totalled in excess of EUR 3.3 million as of<br />

December 31, 2011, thus enabling 2,137 of the employees to take<br />

part in social welfare projects in France and abroad developed<br />

as part of the BipBop program (EUR 2 million in 2010 and 1,500<br />

employees).

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