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

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2 SUSTAINABLE DEVELOPMENT SCHNEIDER ELECTRIC, A RESPONSIBLE CORPORATE CITIZEN 80 > 6. Schneider Electric, a responsible corporate citizen Schneider Electric has consistently been committed to playing an active role in the economic development of the communities in which it has a presence. This is refl ected in the substantial involvement of the Group and its employees in supporting communities, particularly 1 The BipBop energy access program Schneider Electric Approach Stakes In today’s world, 1.4 billion* people, approximately 300 million households, do not have access to electricity; 585 million of these live in Sub-Saharan Africa, 404 million in India, 100 million in Indonesia and in Bangladesh. In general, these disadvantaged populations live on less than US$2 per day. While their families’ energy costs may run to more than US$15 a month. Improved access to energy not only improves quality of life, but also facilitates access to healthcare, education and development for those who need it most. Through its energy access “BipBop” program created in 2008, Schneider Electric wants to play a major role in helping people at the base of the Pyramid to gain access to electricity. The "BipBop" program Business Create an investment fund for business development in the electricity sector. B BOP BO BOP OP * Source: International Energy Agency – World energy poverty 2010. 2010 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC P Ambition Through its investments in disadvantaged communities or stakeholders, the Group is committed to three specifi c areas: • Business (Investment) – manage an investment fund for business devolopment in the electricity sector; • Innovation (Economic and Offers and Models) – build and deliver electrical distribution solutions for disadvantaged populations; • People (Training) – help provide electrical training for young people looking to enter the workforce. The Schneider Electric Foundation and Schneider Electric’s team members support this focus through their collective and individual commitment. Launched in 2009, the BipBop (Business, Innovation, People at the Base of the Pyramid) in-house energy access program illustrates Schneider Electric’s desire to create a virtuous circle combining business, innovation and social responsibility. I I People Help provide electrical training for young people looking to enter the workforce. by helping people to enter the workforce, and through its access to energy program. Innovation Conceive and provide electrical distribution solutions for disadvantaged populations.
WHO IS A PERSON AT THE BASE OF THE PYRAMID? “Base of the pyramid” is a term widely used today to refer to those with the lowest income either in the world or in a given country. Whether seen in absolute terms (income of less than US$1.25 per day in “purchasing power parity” terms according to the World Bank) or in relative terms (income of less than 60% of the average income for the European Union), poverty affects people in marginalised situations (infrastructure, isolation, poor access to banking structures, etc.). Specifi c approaches are required to meet these challenges and to contribute to reducing poverty. Organisation Management The program is managed by the Sustainable Development Offi ce. The BipBop program management team has been strengthened in 2010 in line with the ambitious objectives set for it in the One program. The team is now spread equally between France and India: • a BipBop solutions Business Development Director; • an Offer Creation Director based in Bangalore (India); • a Welfare Investment Director, who manages the Schneider Electric Energy Access social welfare fund; SUSTAINABLE DEVELOPMENT SCHNEIDER ELECTRIC, A RESPONSIBLE CORPORATE CITIZEN • a Training Programs Director; • a Coordinator who leads stakeholders both within and outside the program. The team is actively supported by Schneider Electric’s staff in the fi eld. Deployment BipBop operates through its local presence in the countries concerned by the energy access problem to achieve its goals. With a few rare exceptions, all projects initiated benefi t from monitoring by employees of Schneider Electric entities operating in the country. These employees constitute a network of key contact people for the design, management and monitoring of projects. Their involvement may be part- or full-time. They contribute their knowledge of the local context (organisation of civil society, local authorities, the private sector) and guarantee that the project is aligned with local needs. Their presence is of crucial importance for the long-term oversight of projects in which Schneider Electric is involved. The main areas targeted by BipBop are India, China, South Asia, Sub-Saharan Africa and South America. Two high-priority social performance community-oriented objectives were established in the Planet & Society Barometer for the duration of the One program (2009-2011): Objectives for Year-End-2011 2010 2009 2008 1. 10,000 young people at the Base of the Pyramid trained in the energy management professions 2. 500 new entrepreneurs at the Base of the Pyramid set up their activities in the energy 4,742 2,150 0 management fi eld 209 125 0 The 2008 performance serves as a starting value for the Planet & Society Barometer within th One Program between 2009 and 2011. A third indicator of the Planet & Society barometer is monitored in the BipBop program: “1,000,000 households at the Base of the Pyramid have access to energy thanks to Schneider Electric solutions”. However, this indicator, although having a certain societal impact, follows a market approach, unlike the two other BipBop indicators, which have a philanthropic purpose. It is therefore presented in the chapter regarding economic performance on page 54. Please refer to pages 88 to 90 for the methodological presentation of indicators, and the following pages for the analysis of the results (pages 83 for indicator 1 and 87 for indicator 2). Sustainable investment (Business) In July 2009, Schneider Electric announced the creation of a global sustainable venture capital fund called Schneider Electric Energy Access (SEEA), with an initial capital of EUR3 million. As of December 31, 2010, the following amounts were managed by the fund: • EUR3,000,000 in capital invested by Schneider Electric; • EUR500,000 in capital invested by Schneider Energie Sicav Solidaire, a sustainable mutual fund. Schneider Energie Sicav Solidaire encompasses SEISAS, la Caisse des Dépôts et Consignations and the Schneider Energie corporate mutual fund. 1,500 Group employees evinced an interest in the BipBop project by investing a little in excess of EUR2 million. Approach Created with the support of the Crédit Coopératif, the fund’s mission is to support the development of entrepreneurial initiatives worldwide that will help the poorest among us obtain access to energy. It will invest in specifi c projects: • help jobless individuals create businesses in electricity; • promote the development of businesses that provide access to energy in rural or suburban areas in developing countries; • support the deployment of innovative energy access solutions that use renewable energies for people at the Base of the Pyramid. 2010 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC 81 2
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2010 Annual Report Schneider Electr
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Registration Document Annual Report
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A signifi cant improvement in profi
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Interview with 2010 marks the retur
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Supervisory Board (as of February 1
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Sales by geographical area 18% Rest
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2010 in brief Growth and acquisitio
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On October 1, 2010 IBM and Schneide
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1 Description of the Group, and its
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1. 3 The emergence of new economies
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DESCRIPTION OF THE GROUP, AND ITS S
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Utilities and Infrastructures: ensu
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2. 3 Leadership in our five sectors
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The Buildings business Number 4 wor
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Panel builders and systems integrat
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3 CORPORATE GOVERNANCE APPLICATION
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4 BUSINESS REVIEW TRENDS IN SCHNEID
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4 BUSINESS REVIEW REVIEW OF THE CON
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4 BUSINESS REVIEW REVIEW OF THE CON
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4 BUSINESS REVIEW REVIEW OF THE PAR
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4 BUSINESS REVIEW 148 2010 REGISTRA
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5 CONSOLIDATED FINANCIAL STATEMENTS
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6 COMPANY FINANCIAL STATEMENTS BALA
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6 COMPANY FINANCIAL STATEMENTS NOTE
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7 GENERAL PRESENTATION OF SCHNEIDER
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GENERAL PRESENTATION OF SCHNEIDER E
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GENERAL PRESENTATION OF SCHNEIDER E
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8 ANNUAL AND EXTRAORDINARY SHAREHOL
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ANNUAL AND EXTRAORDINARY SHAREHOLDE
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288 PERSONS RESPONSIBLE FOR THE REG
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Schneider Electric SA Headquarters:
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