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Jean-Pascal Tricoire appointed to the Board of the United Nations Global Compact

  • A recognition of Schneider Electric’s long-term commitment to sustainability
  • Through its Schneider Sustainability Impact, the Group contributes actively to UN Sustainable Development Goals

UN Secretary General Antonio Guterres has appointed Jean-Pascal Tricoire, President of Global Compact France and Chairman & CEO of Schneider Electric, to the United Nations Global Compact Board. The UN Global Compact Board plays an important role in shaping the strategy and policy of the initiative, which acts as the United Nations flagship for responsible business action. Designed as a multi-stakeholder body, the Board provides ongoing strategic and policy advice for the initiative. Board members are considered champions who are willing and able to advance the mission of the UN Global Compact. They act in a personal, honorary and unpaid capacity.

A recognition of Schneider Electric’s long-term commitment to sustainability

With more than 13,000 participants – companies and non-business alike – from more than 160 countries, the UN Global Compact is the world’s largest corporate sustainability initiative, with the mission to align companies’ strategies and operations with ten universal principles on human rights, labour, environment and anti-corruption, and take actions that advance societal goals. With 10% of the participants, Global Compact France is its 2nd largest national network worldwide. It is also the network with the highest rate of companies meeting the Advanced COP level. “I am delighted to welcome Jean-Pascal Tricoire to the Board for the UN Global Compact. Jean-Pascal has shown great leadership in driving sustainability in a business, and with his extensive global experience, I am confident that his contribution to the UN Global Compact will be very valuable in helping the organisation to continue to thrive. I look forward to our collaboration,” said Paul Polman, Vice Chair of the Board of the United Nations Global Compact and Chief Executive Officer of Unilever.

Schneider Electric has signed on to the UN Global Compact in 2002 and consistently shown its commitment to its Ten Principles since then. In 2002, the Group published for the first time Our Principles of Responsibility, a foundational part of Schneider Electric’s commitment to its stakeholders (employees, partners, shareholders…) regularly updated since then. As a Participant of the UN Global Compact, Schneider Electric took an active approach to engage its suppliers in sustainability, by measuring the proportion of purchases made with suppliers who participate in the UN Global Compact since 2004, and by encouraging its strategic suppliers to apply the ISO26000 guidelines since 2012. Thanks to an annual Communication on Progress (COP) as part of its annual report, Schneider Electric meets the Advanced COP level.

Maximizing Schneider Sustainability Impact on UN Sustainable Development Goals

“I’m thrilled to keep contributing to the development of the UN Global Compact by joining its Global Board, four years after becoming President of Global Compact France and 16 years after Schneider Electric’s accession. As the world’s largest corporate sustainability organization, the UN Global Compact is a tremendous collective movement for companies to make progress in the fields of human and labor rights, gender equality, environment protection and ethical business through the Ten Principles and the 17 UN Sustainable Development Goals” said Jean-Pascal Tricoire.

The UN Sustainable Development Goals (SDGs) are a universal call to action to end poverty, protect the planet, and ensure that all people enjoy peace and prosperity by 2030. As the world approaches the third anniversary of the adoption of the Sustainable Development Goals, the UN Global Compact is committed to be a leading catalyst of the transformation of those global goals into local business. Schneider Electric, the leader in digital transformation of energy management and automation, is actively engaged to accomplish the 17 SDGs through its core business and its five sustainability megatrends: Climate, Circular economy, Ethics, Health & Equity and Development.

To support this commitment, Schneider Electric has developed a critical instrument for its sustainability journey: Schneider Sustainability Impact. It reflects the sustainability megatrends and guides Schneider’s sustainability efforts by making our goals clear. Renewed and updated for 2018 through 2020, this fifth iteration reflects, through 21 indicators, our holistic view of sustainability, how our sustainability efforts affect the planet, its people, our profit, and that of our customers. It contains our promises to our partners, customers, and the world. It is the standard by which we measure ourselves and hold ourselves accountable. It also states clearly how the Group contributes not only to Goal 8 (Decent Work and Economic Growth) but also to Goal 5 (Gender Equality), Goal 7 (Affordable and Clean Energy).

Schneider Electric innovations shine in Germany

In an ever-changing digital world, for everything from new business models and new consumer technologies to new infrastructure, energy and power systems – the digital transformation is inescapable. The fourth industrial revolution, or smart manufacturing, has accelerated the move to digital technologies that offer a competitive advantage to every company and every geographical zone that adopts them.

Augmented reality, IoT, IIoT, machine learning and predictive maintenance are making companies more efficient and innovative, boosting their competitive advantage. Schneider Electric, the global leader in the digital transformation of energy management and automation, recently took to Hannover Messe 2018, the world’s leading trade show or industrial technology, in Germany to showcase its latest innovations for industrial companies.

As energy and automation develop into a more digitally connected environment, these new technologies are capable of ensuring that power-sensitive automation equipment remains operational, boosting power reliability and cost savings by improving the speed and accuracy of the processes they are tasked with.

Bridging the divide between complexity and human capabilities by using control devices and technology for automated operation and control, digitisation allows for better support and faster decision making by providing operational insight, encouraging efficient use of resources to maximise assets and production output, simplifying tasks, and integrating the implementation of plant strategies.

“At Schneider Electric, we believe that integrating power and automation systems through IoT has the potential to bring together the best features of both systems, enhancing processes while introducing safer, more reliable, efficient, sustainable, and connected power,” Marc Ramsay, Vice President for the Industry Business Unit, Schneider Electric South Africa.

As the leader in powering and digitising industry, Schneider Electric is uniquely positioned to drive the digital transformation of today’s growing industrial automation markets and assist industrial customers in their conversions. Significant changes are fundamentally accelerating this movement in the industrial space.

“With EcoStruxure for Industry, Schneider Electric offers a truly unified engineering approach that can be deployed across multiple industrial segments. Leveraging our unique partnership with AVEVA, we can offer an unmatched set of solutions covering all aspects of digital asset management from process simulation to design, construction and manufacturing operations management and optimisation,” Ramsay said.

Schneider Electric’s EcoStruxure for Industry offers open, interoperable, IoT-enabled system architecture and platform, where users benefit from enhanced value around safety, reliability, efficiency, sustainability, and connectivity.

Leveraging all advancements in IoT, including mobility, sensing, cloud, analytics, and cyber security through connected products – Edge Control, Apps, Analytics and Services, EcoStruxure has been deployed in over 480,000 sites worldwide.

“With the support of 20,000 system integrators and developers, EcoStruxure currently has 1.6 million assets under management, and that figure is expected to grow by 25% year-on-year for the foreseeable future. This figure ties in with Accenture’s recent report, citing that at present, 64% of executives believe that a failure to leverage digital will cause their companies to struggle for survival,” says Marc Ramsay, Vice President for the Industry Business Unit, Schneider Electric South Africa.

Strengthening their commitment to digitising industry, Schneider Electric also unveiled EcoStruxure Machine Advisor during a presentation at Hannover Messe, 2018.

EcoStruxure Machine Advisor now make it possible to track, monitor and fix machines in the field while reducing support costs by 30 to 50%.

“Where managers struggle to track the history of the many machines that fall under their scope of responsibility, or when parts need replacing, production is interrupted, and the downtimes are much too long. Maintenance technicians often spend far too much time attempting to locate different sets of documentation before they can begin productive work on fixing the machine. Schneider Electric’s recent breakthrough with this new technology is now directly addressing these challenges by providing new ways of both gathering, centralising and displaying machine-generated data.”

About Schneider Electric 

Schneider Electric is leading the Digital Transformation of Energy Management and Automation in Homes, Buildings, Data Centers, Infrastructure and Industries.

With global presence in over 100 countries, Schneider is the undisputable leader in Power Management – Medium Voltage, Low Voltage and Secure Power, and in Automation Systems. We provide integrated efficiency solutions, combining energy, automation and software.

In our global Ecosystem, we collaborate with the largest Partner, Integrator and Developer Community on our Open Platform to deliver real-time control and operational efficiency.

We believe that great people and partners make Schneider a great company and that our commitment to Innovation, Diversity and Sustainability ensures that Life Is On everywhere, for everyone and at every moment.

For more information, go to www.schneider-electric.co.za.