Schneider, Q2 Assessment: 'Growing Rapidly'
Published2017.08.07 12:13Employee Engagement Index Maintained at Target Level of 64%
Sustainable development is measured quarterly using 16 indices of the Planet & Society barometer.
In late June 2017, Schneider Electric achieved a total of 8.91 points, exceeding the barometer target of 8.25 points.
The evaluation was classified into Planet, Profit, and People. In each category, achievements were made, including a 10% reduction in CO2 emissions during transportation, 100% of R&D products being designed using the Schneider ecoDesign Way, 75% of product revenue generated through the Green Premium eco-friendly label, 100% of recommended suppliers adopting ISO 26000 guidelines, and recording a 64% employee engagement index, as well as carrying out 1,300 missions through the Schneider Electric Teachers NGO.
Gilles Vermot Desroches, Senior Vice President of Sustainability at Schneider Electric, stated, "Following a Planet & Society barometer score of 8.91 in the second quarter of 2017, we are growing rapidly toward our new target of 9 points for the 2015–2017 period. We take great pride in the fact that approximately 75% of Schneider Electric's revenue is generated through eco-friendly premium-label products, and this quarter, the new *REACH list, which was released in July, was reflected in the index." "All of Schneider's sustainability teams are dedicated to establishing, verifying, and testing the next-generation barometer for 2018–2020, and the next-generation barometer is scheduled to be unveiled in February 2018," they stated.
REACH is a regulation enacted in the European Union to continuously remove high-risk chemicals and is updated every six months. Non-financial results for the second quarter of 2017 are available on the Schneider Electric website ( www.schneider-electric.com/sri ).
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