Schneider Electric released the results of its sustainable impact program for the second quarter of 2022.
Schneider’s Sustainability Impact (SSI) scored 4.17 out of ten, relative to its 4.70 year-end target. The SSI dashboard measures Schneider’s environmental, social and governance (ESG) performance. It details the progress made on each of the company’s global and local sustainability goals relative to long-term commitments on climate, resources, trust, equal opportunities, generations and local communities.
"Our planet is burning, literally. We have to face the reality in front of us and keep accelerating our sustainability efforts,", said Gwenaelle Avice-Huet, Schneider Electricity’s chief strategy and sustainability officer. “As an Impact company, we are convinced that we can help each other with technology, collaboration, and trust. Advancing on our Sustainability Impact program is not about ESG compliance. It’s about embarking and working with our entire ecosystem of employees, clients, suppliers, and partners to progress together.”
Second quarter 2022 sustainability highlights
- Schneider Electric’s EcoStruxure solutions helped customers and suppliers make decarbonization progress and reduce their CO2 emissions by 381 million tons since 2018. In June, Schneider Electric and Hitachi Energy agreed to collaborate on green electricity solutions for renewables, data centers, mining and other sectors of industry.
- Schneider Electric just expanded its biodiversity pledge to use only deforestation-free wood across its supply chain and operations by 2030.
- Schneider Electric provided +1.1 million people with access to green electricity in Q2 2022, bringing it to 6.4 million since January 2021.
- In 2022, 82% of Schneider employees feel confident to report an unethical conduct. A good progress since last year (+1pt) in its commitment to provide a trusted environment and Speak Up culture.
- Schneider Electric launched its Sustainability School to educate employees on climate and social issues and encourage them to take action and deliver impact in every aspect of their lives.
- Schneider Electric’s teams in countries and regions continue to play a specific role in ensuring the maximum impact of their locally-led sustainability initiatives, including projects in France, the U.S., China and India.
Detailed results and highlights of the SSI program are presented in the Q2 2022 report.
