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2010Annual Report - Schneider Electric CZ, s.r.o.

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2 SUSTAINABLE DEVELOPMENT<br />

RESPECT FOR THE ENVIRONMENT AND FOR ETHICS, MOTORS OF ECONOMIC PERFORMANCE<br />

60<br />

4 The fight against corruption<br />

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

Our Principles of Responsibility: a common base for<br />

ethical and responsible practices<br />

In 2002, <strong>Schneider</strong> <strong>Electric</strong> published Our Principles of<br />

Responsibility*. This is a reference document for ethical risks. It<br />

was updated and validated by the Supervisory Board in April 2008,<br />

the Executive Committee in November 2008, and published in<br />

June 2009. It was rolled out globally in 2010.<br />

Our Principles of Responsibility were prepared in compliance with<br />

the 10 principles of the Global Compact, the corporate governance<br />

principles, the universal declaration on the rights of man and the<br />

international labor regulations. As a result, these principles comply<br />

with international standards such as the anti-corruption principles.<br />

Employees<br />

A plan of action for widespread communication was rolled out<br />

internally in 2010, as well as an organisation and processes to allow<br />

Group employees to respond to questions or report practices that<br />

they judge to be dubious ethically.<br />

Shareholders<br />

With regard to shareholders, Our Principles of Responsibility are<br />

mentioned in corporate documents (annual report and business<br />

and sustainable development reports), which are available on the<br />

<strong>Schneider</strong> <strong>Electric</strong> website.<br />

Suppliers<br />

A specifi c document is distributed to all the Group’s suppliers, the<br />

<strong>Schneider</strong> <strong>Electric</strong> Supplier Guide Book. This document is a reference<br />

for relationships with suppliers; it defi nes the responsibilities, as well<br />

as <strong>Schneider</strong> <strong>Electric</strong>’s commitment to fi ghting corruption.<br />

*For further information on Our Principles of Responsibility, see page 50<br />

2010 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC<br />

Main plans of action in 2010<br />

Fight against corruption<br />

<strong>Schneider</strong> <strong>Electric</strong> must complete surveys, controlled by rating<br />

agencies and investors on sustainable development practices, which<br />

often include questions on very specifi c subjects such as our anticorruption<br />

policies. We make an effort to respond to all questions<br />

with full transparency.<br />

In 2010, the Ethics Council, created in 2009 and presided by the<br />

General Director of Strategy and Innovation, created a progress plan<br />

based on the seven points:<br />

1. identify high level employees to monitor the deployment of<br />

Responsibility & Ethical Dynamics (see page 50);<br />

2. defi ne good practices to prevent illegal actions, notably with an<br />

alerts system;<br />

3. ensure that all policies comply with “Our Principles of<br />

Responsibility»;<br />

4. inform employees of standards and procedures;<br />

5. implement monitoring, audit, and reporting systems;<br />

6. establish a discipline for the implementation of standards and<br />

procedures;<br />

7. in the event of a breach of the ethics principles, take the corrective<br />

measures necessary, including the consolidation of procedures.<br />

Examples in 2010<br />

Other anti-corruption initiatives have been implemented, often at the<br />

national or regional level:<br />

• in France, <strong>Schneider</strong> <strong>Electric</strong> is involved in defi ning ethical<br />

standards as part of the Enterprise and Ethics Commission of<br />

the GIMELEC, a grouping of electrical equipment manufacturers;<br />

• in Russia, <strong>Schneider</strong> <strong>Electric</strong> signed an ethics charter with the<br />

Association of European Businesses;<br />

• <strong>Schneider</strong> <strong>Electric</strong> Egypt obtained specifi c anti-corruption<br />

certifi cation for its work with the National <strong>Electric</strong>ity Corporation<br />

in Sudan.

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