As of the beginning of the 2020 academic year, Schneider Electric, the leader in digital transformation of energy management and automation, will sponsor the Master of Law and Business Ethics at CY Cergy Paris University. The Group intends to reinforce its commitment to Business Ethics, through this two-year sponsorship.
The Master was launched under the umbrella of the Chair of Law and Business Ethics, the first Chair of Academic Excellence in France dedicated to these subjects
Created in 2007, the Chair of Law and Business Ethics was created at a time when in France good governance, risk management and compliance issues were partly addressed. This Master is the first one created in France in Business Ethics and Compliance. CY Cergy Paris University has always wished to involve social economic operators in its training and research missions and therefore the Master program, in line with this strategy, benefits from a vast network of professional and institutional partners developed since its launch in 2008.
Schneider Electric commits to a two-year sponsorship
Through this sponsorship, Schneider Electric will benefit from the program’s recognized academic knowledge under the umbrella of the Chair, led by experts on these issues in France and abroad. This two-year collaboration will enable Schneider Electric to continue to innovate in strengthening its Ethics and Compliance program. It will be driven by values that are dear to Schneider Electric: disruption and inclusion. Schneider Electric will be at the heart of discussions with the students, who will participate in collective work supervised by Schneider Electric and the Chair of Law and Business Ethics on themes of common interest such as digital, new technologies, French “Corporate purpose” legally defined”, and Corporate responsibility. In addition, topics such as interactions with compliance culture and integration into the governance of a group like Schneider Electric will be focused on.
Audrey Morin, Alumna of the Master, President of the Alumni Club and Group Compliance Director at Schneider Electric, will oversee this sponsorship alongside Roxana Family, Director of Chair-Master of Law and Business Ethics. "I am proud today to support the Master in this sponsorship with Schneider Electric, a company which has embraced for a long time the new challenges raised by Business Ethics. In line with our meaningful purpose, we will enrich our actions thanks to the new insights from the students" commented Audrey Morin.
Ethics and training of young people, strong commitments of Schneider Electric
As a global company with operations in over one hundred countries, Schneider Electric implements a variety of practices to ensure that it acts responsibly. One such example is their "Principles of Responsibility" which are in place since 2002 and were revised in 2019. These principles encompass human rights, ethical business conduct, digital ethics, environmental protection, and corporate citizenship. This ethical frame of reference has been designed in accordance with the ten principles of the United Nations Global Compact, the Universal Declaration of Human Rights, as well as the standards set by the International Labour Organization (ILO) and the Organisation for Economic Cooperation and Development (OECD).
For decades, Schneider Electric has been committed to developing young people. Some great examples of this include the creation of the Paul Louis Merlin School in Grenoble, France, in 1929 (which became the Schneider Electric School in 2019), its engagement to training underprivileged young people around the world, and actively welcoming work-studies and apprenticeship programs within the company which includes students from the Master of Law and Business Ethics among others.
To learn more about Ethics and Compliance at Schneider Electric click here.
