Schneider Electric buckles down on its new sustainability targets
In January, Schneider Electric, the leader in the digital transformation of energy management and automation, announced the acceleration of its sustainability strategy by setting ambitious targets for 2025, which will deliver on six long-term commitments related to climate, resources, trust, equal opportunities, generations, and local communities.
Three months on, the Schneider Sustainability Impact (SSI) 2021-2025 program is well underway to deliver on the United Nations’ Sustainable Development Goals, and the wheels are in motion to go further through both global initiatives and new local targets which demonstrate how Schneider sustainably manages its own operations and supply chain, while helping its customers and partners reach their climate and sustainability goals.
In keeping with the recent recognition as the world’s most sustainable corporation by Corporate Knights, and building on 15 years’ leadership in the field, Schneider’s latest sustainability program further empowers its local teams, across the 100+ countries in which it operates, to address both challenges and opportunities for the markets and communities they serve.
Examples of local projects so far include:
- Fostering equal access to digital learning for 24,000 students in India by powering 100 co-educational schools with solar energy.
- Transition to a 100% electric company car fleet in Norway by 2023.
- Encourage Korean employees to support the shift to electrical vehicle
- Add 150 circular product references to Schneider ‘s internal shop catalog for employees in France.
- Increase five-fold Schneider’s spend with indigenous-owned suppliers in Australia as part of the Reconciliation Action Plan.
- Give electrical products a second life through donations to an online marketplace for educational purposes, and to improve the electrical installations of families at risk of energy poverty in Spain.
"This kick-off phase is crucial to deliver on our global and local sustainability objectives,” said Olivier Blum, Schneider Electric’s Chief Strategy and Sustainability Officer. “We have high expectations and are excited to get started on our journey towards a low-carbon and inclusive society.”
Detailed results and highlights of the SSI program are presented in the quarterly report, which includes the following overview:
- Discover more in the latest sustainability report, click here
- For more detail on Schneider’s financial and extra-financial performance, click here.
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Olivier BLUM
Chief Executive OfficerOlivier Blum is the Chief Executive Officer of Schneider Electric, effective November 4, 2024. Olivier has been a member of the Executive Committee since 2014. In his most recent role, he successfully led the company's fast-growing and world-class Energy Management business across all end markets, including data centers. Prior to that, he served as Chief Strategy & Sustainability Officer from 2020 to 2022, where he led the development of corporate strategy, mergers and acquisitions, sustainability, and quality assurance. From 2014 to 2020, Olivier held the position of Chief Human Resources Officer at Schneider Electric, driving the company’s people strategy and earning recognition as France’s Chief Human Resources Officer of the Year in 2019 by Cadremploi, Morgan Phillips Hudson, Le Figaro Décideurs, and Fyte for his transformative leadership and cultural impact. Olivier began his career at Schneider Electric in 1993 in his home country of France. Over the past two decades, he has gained extensive international experience, holding key leadership roles in Asia including Regional Head of Strategy for China, Regional Managing Director for India, and a global role as Executive Vice President of the Home & Distribution division, based in Hong Kong. He has also been an independent director of Keppel Corporation and a member of its Sustainability and Safety Committees since May 2022. His commitment to sustainability has been instrumental in Schneider Electric's success, culminating in the company being named the World's Most Sustainable Corporation by Corporate Knights in 2021. Olivier holds a degree from Grenoble Business School, France. LinkedIn ProfileRead more
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