APC 2010 Annual Report Download - page 20

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DESCRIPTION OFTHEGROUP, ANDITSSTRATEGY, MARKETS ANDBUSINESSES
1GLOBAL SPECIALIST IN ENERGY MANAGEMENT
Early 2009: A new company program called “One” introduced to
support Schneider Electric’s strategic goals. One, the successor to
new2, retains the key strands of customer satisfaction (Customer1)
and staff development (1 Team). The program also includes strategic
initiatives to strengthen Schneider Electric’s leading position on its
market:
becoming a provider of solutions (1 Solution Provider);
giving priority to new economies (1 Leader in New Economies);
simplifying processes in order to act as a single, unifi ed entity (1
Company).
An environmental approach
Schneider Electric works actively to reduce its environmental
footprint, while making energy easier to use, safer, more reliable,
sustainable and accessible.
2002: The Group confi rms its commitment to responsible
management by creating a Sustainable Development Department,
which now forms an integral part of the Strategy & Innovation
Department.
2005: The quarterly Planet & Society survey is set up to track and
report on the Group’s sustainable development performance.
Schneider Electric was also the fi rst manufacturer to sign French
environmentalist Nicolas Hulot’s pact for the environment and the
sixth global enterprise to join the Clinton Climate Initiative (CCI).
2010: Towards new growth opportunities
Through the One company program, the Group is continuing the
process of change to maximise its opportunities for growth, with
the aim of:
expanding along the value chain, by providing its customers with
simple and integrated solutions;
benefi ting on both the demand and supply sides from the
prospects offered by the intelligent grid;
accelerating profi table growth in emerging economies.
New acquisitions strengthen the Group’s portfolio
The acquisition of the distribution activities of Areva Distribution,
announced in late November 2009, aimed at making Schneider
Electric one of the world leaders in medium voltage (MV) and
electrical distribution automation systems, was completed in
June2010. Schneider Electric’s medium voltage operations have
therefore been strengthened by Areva T&D’s distribution activities,
and a new energy business has been created: Energy.
January 2010: acquisition of Cimac, the leading industrial
integration systems engineer in the persian Gulf region.
March 2010: acquisition in India of the assets of the Electronic
Systems Security Integration branch of Zicom Electronic Security
Systems Ltd.
April 2010: Acquisition of SCADAgroup (Australia), a key player
in telemetry technologies and solutions in the water, oil and gas
sectors.
October 2010: Agreement reached to purchase 50% of
Electroshield-TM Samara. This acquisition strengthens Schneider
Electric’s position in the medium voltage sector, as well as its
presence in Russia.
November 2010: Acquisition of Italy’s Unifl air SpA, which
specialises in precision cooling.
December2010: Acquisition of two French companies, which have
been pioneers in building management software: Vizelia, a provider
of software that monitors the energy consumption of buildings in
real time, and D5X, a specialist in solutions for optimising the use of
commercial buildings.
2010 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC18