- A recognition of Schneider Electric’s long-term commitment to sustainability
- Through its Schneider Sustainability Impact, the Group contributes actively to UN Sustainable Development Goals
London, June 21st, 2018 – UN Secretary-General Antonio Guterres has appointed Jean-Pascal Tricoire, President of Global Compact France and Chairman & CEO of Schneider Electric, to the United Nations Global Compact Board. The UN Global Compact Board plays an important role in shaping the strategy and policy of the initiative, which acts as the United Nations flagship for responsible business action. Designed as a multi-stakeholder body, the Board provides ongoing strategic and policy advice for the initiative. Board members are considered champions who are willing and able to advance the mission of the UN Global Compact. They act in a personal, honorary and unpaid capacity.
A recognition of Schneider Electric’s long-term commitment to sustainability
With more than 13,000 participants – companies and non-business alike – from more than 160 countries, the UN Global Compact is the world’s largest corporate sustainability initiative, with the mission to align companies’ strategies and operations with ten universal principles on human rights, labour, environment and anti-corruption, and take actions that advance societal goals. With 10% of the participants, Global Compact France is its 2nd largest national network worldwide. It is also the network with the highest rate of companies meeting the Advanced COP level. “I am delighted to welcome Jean-Pascal Tricoire to the Board for the UN Global Compact. Jean-Pascal has shown great leadership in driving sustainability in a business, and with his extensive global experience, I am confident that his contribution to the UN Global Compact will be very valuable in helping the organisation to continue to thrive. I look forward to our collaboration,” said Paul Polman, Vice Chair of the Board of the United Nations Global Compact and Chief Executive Officer of Unilever.
Schneider Electric has signed on to the UN Global Compact in 2002 and consistently shown its commitment to its Ten Principles since then. In 2002, the Group published for the first time Our Principles of Responsibility, a foundational part of Schneider Electric’s commitment to its stakeholders (employees, partners, shareholders…) regularly updated since then. As a Participant of the UN Global Compact, Schneider Electric took an active approach to engage its suppliers in sustainability, by measuring the proportion of purchases made with suppliers who participate in the UN Global Compact since 2004, and by encouraging its strategic suppliers to apply the ISO26000 guidelines since 2012. Thanks to an annual Communication on Progress (COP) as part of its annual report, Schneider Electric meets the Advanced COP level.
Maximizing Schneider Sustainability Impact on UN Sustainable Development Goals
“I’m thrilled to keep contributing to the development of the UN Global Compact by joining its Global Board, four years after becoming President of Global Compact France and 16 years after Schneider Electric’s accession. As the world’s largest corporate sustainability organization, the UN Global Compact is a tremendous collective movement for companies to make progress in the fields of human and labor rights, gender equality, environment protection and ethical business through the Ten Principles and the 17 UN Sustainable Development Goals,” said Jean-Pascal Tricoire.
The UN Sustainable Development Goals (SDGs) are a universal call to action to end poverty, protect the planet, and ensure that all people enjoy peace and prosperity by 2030. As the world approaches the third anniversary of the adoption of the Sustainable Development Goals, the UN Global Compact is committed to be a leading catalyst of the transformation of those global goals into local business. Schneider Electric, the leader in digital transformation of energy management and automation, is actively engaged to accomplish the 17 SDGs through its core business and its five sustainability megatrends: Climate, Circular economy, Ethics, Health & Equity and Development.
To support this commitment, Schneider Electric has developed a critical instrument for its sustainability journey: Schneider Sustainability Impact. It reflects the sustainability megatrends and guides Schneider’s sustainability efforts by making our goals clear. Renewed and updated for 2018 through 2020, this fifth iteration reflects, through 21 indicators, our holistic view of sustainability, how our sustainability efforts affect the planet, its people, our profit, and that of our customers. It contains our promises to our partners, customers, and the world. It is the standard by which we measure ourselves and hold ourselves accountable. It also states clearly how the Group contributes not only to Goal 8 (Decent Work and Economic Growth) but also to Goal 5 (Gender Equality), Goal 7 (Affordable and Clean Energy).