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Schneider Electric’s 2023 first quarter impact results highlight unwavering focus on sustainability

Rueil-Malmaison, France

27/04/2023

  • Quantified progress across ESG-related targets
  • Good start towards meeting full-year sustainability impact targets

Schneider Electric, the leader in the digital transformation of energy management and automation, today announced the 2023 first quarter results of its Schneider Sustainability Impact (SSI) program, alongside its financial results for the quarter.

Coming just one month after the Intergovernmental Panel on Climate Change (IPCC) published its latest synthesis report outlining the dramatic cost of global inaction on climate change, Gwenaelle Avice-Huet, Schneider Electric’s Chief Strategy and Sustainability Officer, commented that “This report reminds us that there is still a very short window of time to act. The good news is that solutions to reduce emissions are already available. Every day, every week, and every quarter matter, and we’re doing everything to accelerate our efforts methodically, systematically, and collaboratively.”

Schneider Electric’s SSI monitors and measures the company’s progress across a range of transformational Environmental, Social and Governance (ESG) targets set for 2025. The company discloses this progress every quarter to spur on internal and external stakeholders.

This quarter, Schneider showed good progress in terms of:

  • Climate and Resources by continually helping its customers to reduce their carbon footprint thanks to solutions that save or avoid carbon emissions. The company also made significant headway on the Zero Carbon Project, which is part of ongoing efforts to reach Net-Zero across Schneider’s value chain by 2050, per a roadmap validated by the Science Based Targets initiative (SBTi).

 

  • Equal and Generations initiatives by crossing the threshold of 40 million people gaining access to clean and reliable electricity, and with over 430,000 people now trained in energy management. Schneider Electric’s unique approach addresses the energy paradox by balancing the need to reduce energy-related carbon emissions globally while also empowering communities to grow the necessary skills base to support their future energy needs and close the energy access gap.

 

The consolidated SSI score for the first quarter of 2023 is 5.25 out of ten, which is an encouraging step towards meeting the full-year target of 6 out of ten.

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To understand more about Schneider Electric’s commitments and journey as an Impact company, read its latest sustainability reports.
 

Related Spokespeople

  • Gwenaelle AVICE HUET

    Executive Vice President, Industrial Automation
    Gwenaelle Avice Huet leads the Industrial Automation business for Schneider Electric and has served on its Executive Committee since 2022. She is responsible for Schneider Electric’s global portfolio of automation and control solutions, which revolutionize industrial efficiency using robotics, Artificial Intelligence (AI), IoT, digital tools, machinery, and software.Gwenaelle joined Schneider Electric in 2021 as Senior Vice President of Corporate Strategy, before entering the Executive Committee as Chief Strategy and Sustainability Officer. For two years, she led Schneider Electric’s full business portfolio across Europe as Executive Vice President of Europe Operations, representing the company’s contribution to the development of the EU’s agenda to accelerate Europe’s green and digital transformation.Before joining Schneider Electric, Gwenaelle worked at ENGIE (formerly GDF SUEZ) in various roles, from Senior Vice-President of European and Regulatory Affairs, to leading the Renewable Energies business. In her last role, she was on the Executive Committee of ENGIE, serving as the Chief Executive Officer of ENGIE North America and in charge of the Global Business Line on Renewable Energies.Gwenaelle started her career at the French National Centre for Scientific Research and the French Atomic Energy Commission on nuclear energy before joining the World Bank in Washington, D.C. as a consultant. She also worked for the service of the French Prime Minister within the General Secretary of European affairs with responsibility for energy and competitiveness matters, and as the advisor on energy and climate change for various ministers.Gwenaelle also serves on the Board of Air France – KLM. She holds a degree in Physics and Chemistry from the Ecole Normale Supérieure Paris-Saclay, a post-graduate diploma in Molecular Chemistry from France’s Ecole Polytechnique, and an engineering degree from the Corps des Ponts et Chaussées. She has also been nominated as a Young Global Leader by the World Economic Forum. She is based in Europe.
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  • Schneider Electric’s 2023 first quarter impact results highlight unwavering focus on sustainability

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  • Q1 2023 SSI -Summar dashboard (EN)

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  • Schneider Electric’s 2023 first quarter impact results highlight unwavering focus on sustainability.pdf

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