Schneider Electric announces today its non-financial results for the second quarter of 2015
OREANDA-NEWS. Schneider Electric announces today its non-financial results for the second quarter of 2015. Schneider Electric measures its ambitious commitment in terms of sustainable development for the 3-year period from 2015 to 2017 through 16 indicators reported on a quarterly basis in the Planet & Society barometer. Reaching a score of 4.66 (out of a possible 10) at the end of June 2015, the barometer exceeds its year-end target of 4.5/10.
The non-financial results by indicator are the following:
Planet & Society barometer |
Start 2015 |
Results Q1 2015 |
Results Q2 2015 |
Targets 2017 |
|
Planet Indicators |
|
|
|
|
|
Climate |
10% energy savings |
- |
2% |
2.7% |
10% |
10% CO2 savings from transportation1 |
- |
- |
9.5% |
10% |
|
Circular economy |
Towards zero waste to landfill for 100 industrial sites |
34 |
39 |
49 |
100 sites |
100% of products in R&D designed with Schneider ecoDesign WayTM |
- |
0.5% |
7.8% |
100% |
|
Profit Indicators |
|
|
|
|
|
Climate & Development (sustainable offers) |
75% of product revenue with Green PremiumTM eco-label |
60.5% |
64.1% |
65% |
75% |
100% of new large customer projects with CO2 impact quantification2 |
- |
- |
- |
100% |
|
120,000 tons of CO2 avoided through maintenance, retrofit and end-of-life services |
- |
6,669 |
19,338 |
120,000 |
|
x5 turnover of Access to Energy program to promote development for underprivileged people |
- |
x1.18 |
x1.92 |
x5 |
|
Ethics |
100% of our recommended suppliers embrace ISO 26000 guidelines |
48% |
51% |
56.4% |
100% |
All our entities pass our internal Ethics & Responsibility assessment3 |
- |
- |
- |
100% |
|
People Indicators |
|
|
|
|
|
Health & Equity |
30% reduction in the Medical Incident Rate (MIR) |
- |
19% |
23% |
30% |
One day training for every employee every year4 |
79% |
70.8% |
71.4% |
85% |
|
64% scored in our Employee Engagement Index5 |
61% |
- |
61% |
64% |
|
85% of employees work in countries with Schneider gender pay equity plan2 |
- |
- |
- |
85% |
|
Development |
150,000 underprivileged people trained in energy management |
73,339 |
78,448 |
86,060 |
150,000 |
1,300 missions within Schneider Electric Teachers NGO |
460 |
523 |
582 |
1,300 |
|
Overall combined score (out of 10) 1 With the exception of the annual results, there is a time lag of one quarter in the reporting of this indicator: in Qn, the reported result is that of Qn-1. 2 Results measured from 2016 (measurement tools deployed in 2015). 3 Bi-annual results in Q3 and in Q4. 4 Measurement on a rolling year. 5 Bi-annual results in Q2 and in Q4. 6 Target Q1 2015: 3.42. Year-end target 2015: 4.5. |
3 |
3.67 |
4.666 |
8 |
Gilles Vermot Desroches, Sustainability Senior VP at Schneider Electric, comments:
“In the first half of 2015, the Planet & Society barometer 2015-2017 reaches 4.66/10, a result above its year-end target of 4.5/10. We know that the main challenge is to sustain the efforts of the first quarters, in order to reach or even exceed our three-year targets".
As planned, three indicators will be published later on. All other barometer’s indicators show a satisfactory start. It may be noted that the sales of our Access to Energy program is almost twice higher in the first half of 2015 than 1 year ago. The objective remains ambitious: to multiply by 5 the turnover of this program in 2017 compared to the reference year 2014.
Finally, we are proud to have been ranked, in early July 2015, the company most committed to sustainable development of the CAC 40 index for the second consecutive year. This ranking was published in Enjeux Les Echos magazine in partnership with Institut RSE.”
In the second quarter of 2015, 10 indicators over 16 boosted the overall barometer score and 3 indicators are not yet measured: the percentage of new large customer projects with a quantification of their CO2 impact, the percentage of Schneider Electric’s entities that succeed in the Ethics and Responsibility internal audit, and the percentage of employees working in countries with Schneider Electric’s gender pay equity plan.
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