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Ratings
This section presents the findings of the leading sus-
tainable development ratings agencies and a number
of ethical investment funds. The results allow for com-
parison with an industry benchmark.
Energy efficiency study
Equities with high top-line potential –
September 2006
In September 2006, Oddo Securities published a study
on energy efficiency that particularly highlighted Schnei-
der Electric’s positioning.
The selection was drawn from the group of European
equities covered by Oddo on the basis of several criteria.
Special mention was given to:
> Companies in a position to benefit in the short and
medium term from a surge in revenue growth thanks to
the rising importance of energy efficiency issues.
> Stocks with a differentiating energy efficiency profile in
terms of products or services, target customers and per-
formance.
> Pure players in terms of energy efficiency positioning.
As of the publication date, Schneider Electric topped the
list of recommended investments.
ASPI Eurozone®Index
The Advance Sustainable Performance Indices’ Euro-
zone listing tracks the financial performance of 120
leading euroland sustainability performers from the DJ
Euro Stoxx benchmark financial universe. Schneider
Electric has been included since 2001. Vigeo ratings
are used to select the listed stocks, in keeping with
ASPI Eurozone®guidelines.
www.vigeo.com
Investor-solicited rating – July 2006
Market sector: Electrical components and equipment.
(Companies in panel sector: 9)
Dow Jones Indices
After being selected for the first time in 2002, Schnei-
der Electric was included in 2007 in the Dow Jones
Sustainability Index World. This family of indices bases
its decisions on research provided by Sustainable
Asset Management (SAM), an independent asset
manager headquartered in Switzerland.
www.sustainability-index.com
Ethibel Investment Register
Schneider Electric was included in the Ethibel Invest-
ment Register in 2006. This reference for socially
responsible investing is used by a growing number of
European banks, fund managers and institutional
investors.
Ethibel offers two products based on its register: the
Ethibel Label and the Ethibel Sustainability Index.
www.ethibel.com.
Bank Sarasin
Schneider Electric is included in a number of Bank
Sarasin’s ethical investment funds. The Switzerland-
based bank rates companies both for its own purpos-
es and for its customers, mainly pension funds.
www.sarasin.com
Business review
Improvement plans -
Planet & Society Barometer
Ensure that Schneider Electric is included
in the four major socially responsible investment
index families 2005 2006
Rating 7.5 / 10 7.5 / 10
Schneider Electric is in discussions with Vigeo to
obtain a re-evaluation of the corporate governance rat-
ing, taking into account:
> The appointment of a Supervisory Board member to
monitor sustainable development practices and man-
agement of environmental and social risks.
> Tracking of these risks by the Supervisory Board’s
Audit Committee.
> The Executive Committee’s exemplary cultural and
generational diversity.
> The internal auditors’ work to evaluate deployment of
corporate social responsibility policies.
> The appointment of a woman to the Supervisory
Board.
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