Published 07-30-20
Submitted by Schneider Electric
Schneider Electric Sustainability Report 2019 - 2020: Ethics Impact and SDGs
We advance the following SDGs in support of ethical business practices and human rights — not just within our company, but for suppliers and partners worldwide.
ESG 1: No Poverty
End poverty in all its forms everywhere
Solidifying uncompromised values
We work with every strategic supplier in a continuous improvement process based on the ISO 26000 guidelines, including human rights and labor practices. This involves on-site audits, ethics and human rights education, and in-person workshops for suppliers, procurement teams, and others.
A living wage is a human right
We ensure our employees and associates are compensated with a living wage in every country in which we operate. We also make a concerted effort to close gender pay gaps using common global methodology:
We’ve implemented a Pay Equity framework to identify and correct gender pay gaps. At the end of 2019, it was implemented in all countries, covering 99% of our workforce. We’ve initiated a global process to analyze wages and employment practices against local living standards, as determined by an external consultant (BSR). At the end of 2019, it covered 63 countries — that's 99% of our footprint.
By 2020:
SDG 3: Good health and Well-being
Ensure healthy lives and promote well-being for all at all ages
Prioritizing people everywhere
By viewing well-being holistically — as physical, mental, social, and emotional — we develop programs that empower and support employees. In this time of the COVID-19 pandemic, we’re continuously adjusting our policies to protect our people, their livelihood, and the communities in which we operate.
Safety first, for all
By 2020:
Read Schneider Electric's full SDG committment in its Sustaianbility Report 2019 - 2020
Schneider Electric is a European multinational company providing energy and automation digital solutions for efficiency and sustainability.
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