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Schneider Takes an In-house Look at Sustainability

Google 우선 소스Published2018.08.10 11:50
Serving as a sustainability indicator for future preparedness
19 million metric tons of CO2 emissions prevented
Exceeded targets in 8 out of a total of 21 indicators

Schneider Electric announced the results for the second quarter of 2018 of the 'Schneider Sustainability Impact 2018-2020' assessment.

Schneider publishes the '2018–2020 Schneider Sustainability Impact' every quarter. This replaces the 'Planet & Society Barometer,' which Schneider has built in-house since 2005 to measure its performance in achieving its sustainability goals.

Schneider’s sustainability impact includes a total of 21 indicators across fields such as climate, circular economy, health equity, ethics, and development. Schneider exceeded its quarterly target by 4 out of 10, recording 4.55 out of 10 as of the end of July 2018. The goal for the end of 2018 was set at 5 out of 10.

Schneider Electric's 'Schneider Sustainability Impact Assessment' Q2 2018 Results

The key results for each sector are as follows.

In the 'Climate' sector, the "80% renewable electricity" indicator grew by 6% in the second quarter. Schneider's energy requirements are continuously being optimized by leveraging the group's expertise and the integrated architecture solution, EcoStruxure. Global branches have already achieved a 20% reduction in energy since 2012. Schneider joined the international renewable energy initiative RE100 in late 2017 and aims to supply 80% of its total electricity consumption from renewable energy sources by 2020. Three new solar systems have been installed at facilities in India, Thailand, and China, and long-term renewable energy purchase agreements are currently being discussed in several countries.

In the 'Circular Economy' sector, the "Zero Landfill Waste" labeling indicator has now been expanded to 163 sites across 200 locations. This result demonstrates that Schneider recycled and reused an amount of metal equivalent to four Eiffel Towers during the first half of 2018. Additionally, it prevented non-metallic waste equivalent to over 3,400 garbage trucks from being dumped into landfills. This indicator aims not only to improve performance across various sites but also to foster mature innovation. By leveraging bold ideas such as on-site returnable and reusable packaging and digitalization solutions to go beyond recycling, it is possible to drive circular economy solutions within the supply chain. This completely eliminates waste generation and integrates business and environmental values.

In the 'healthcare equity' sector, the 'employee engagement index recorded 70%' indicator increased to 67%, up 2 points from the end of 2017. This indicator is at an appropriate level compared to the market average and has been rising for six consecutive years with the goal of achieving 70% by 2020.

In the 'Ethics' category, the indicator 'Specific on-site evaluation of 300 suppliers under human rights and environmental monitoring' recorded audits of a total of 37 suppliers in the second quarter of 2018. This indicator relates to the management of human rights and the environment and involves auditing a group of 300 suppliers over a three-year period. In the first quarter of 2018, with processes, teams, and governance established, the first three audits were conducted. The audits focus on identifying areas where suppliers require improvement and action plans, and finding ways to provide group-level support by ensuring they adhere to the industry best practice, the Responsible Business Alliance (RBA) Code of Conduct.

In the 'Development' sector, the '12,000 days of volunteer work on the VolunteerIn global platform' metric showed better-than-expected results in the second quarter. Currently, 7,258 days of volunteer work have been completed, compared to 1,665 days completed in the first quarter. The Schneider Electric Foundation plans to launch a new level of effort to encourage partner participation by introducing the new 'VolunteerIn' digital platform.

Gilles Vermot Desroches, Head of Sustainability at Schneider, stated, "We are proud that Jean-Pascal Tricoire, Chairman and CEO of Schneider Electric, has been appointed to the UN Global Compact. We are committed to promoting human rights and international labor standards, protecting the environment, and combating corruption, while constantly striving to ensure that all members embrace the Sustainable Development Goals (SDGs). This appointment also demonstrates Schneider Electric's continued commitment to sustainable development. These efforts are embodied in the Schneider Sustainability Impact indicators for 2018–2020. In late July 2018, the Group achieved a total score of 4.55, exceeding its target score by 4 points out of 10. This is another achievement confirming that Schneider Sustainability Impact is on a solid trajectory."
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