APC 2011 Annual Report Download - page 49

REGISTRATION DOCUMENT 2011 SCHNEIDER ELECTRIC 47
SUSTAINABLE DEVELOPMENT
2
SUSTAINABLE DEVELOPMENT AT THE HEART OF OUR STRATEGY
For the fi rst time since the barometer was created in 2005, all
the indicators achieved their target of 8/10. Seven indicators had
even achieved 10/10 (CO2 emissions, ISO 14001 certifi cation,
energy effi ciency, access to energy, accident rate, company
recommendation, energy management training).
Communicating the results of the Planet
&Society Barometer
Since 2009, the Planet & Society Barometer has been published
through the following channels:
•the website www.barometre.schneider-electric.com, expanded
in 2011 to include an interactive tool;
•the quarterly Planet & Society Barometer newsletter informs
the main Schneider Electric stakeholders about the previous
quarter’s performance and achievements; the newsletter sent by
e-mailed to a list updated continuously;
•on the Group’s Intranet, the performance of the Planet & Society
Barometer, which refl ects value creation for stakeholders, is listed
next to the Schneider Electric share price, which refl ects value
creation for shareholders;
In 2012, quarterly conference calls have been set with concerned
investors to present the results of the Planet & Society Barometer.
For more information: www.schneider-electric.com/baromet er.
Sustainable development criteria in
performance incentives
Sustainable development components were added to the personal
performance incentives of all members of the Executive Committee
in 2011. These components are directly linked to the Planet
&Society Barometer targets. They are personalised according to
the areas of involvement for each (e.g. Green Premium: production
of Environmental Product Profi les for the members of the Executive
Committee in charge of the activities).
Since 2010, the CO2 reduction target has been taken into
account for the performance incentives of all Global Supply Chain
Management personnel who receive a bonus.
The reduction in the occupational accidents Severity Rate and in
the Medical Incident Rate is taken into account for the performance
incentives of all managers at industrial sites and logistics centres
who receive a bonus.
In December2011, the annual long term incentive plan for 2012
was put in place granting 2,637 people performance shares on the
condition that they belong to the Group on the day at the end of the
acquisition period and that performance targets are met. For the
fi rst time defi nitive attribution of a part of the shares is conditional
on meeting a sustainable development target which is defi ned
as the Planet & Society Barometer score at the end of 2013. We
remind that barometer is published externally and its components
are audited.
1.3 External and internal bases of preparation for a solid framework
Our external bases of preparation
The United Nations Global Compact
The Global Compact was launched in 1999 by UN Secretary-
General Kofi Annan. It brings companies and non-governmental
organisations together under the aegis of the United Nations to
“unite the power of markets with the authority of universal ideals”.
Parties signing the Global Compact commit to 10 fundamental
principles in four areas: human rights, labour, the environment and
anti-corruption.
In signing the Global Compact in December 2002, Schneider
Electric made a public commitment to these universal values. The
Group has primarily worked to share this commitment with its
partners since 2003 (see page56 “Relations with sub-contractors
and suppliers”).
In line with the Global Compact requirements, Schneider Electric
publishes an annual progress report. This publication reports on the
Group’s action plans and monitoring indicators for the 10principles
of the Global Compact. Last year, Schneider Electric worked on
meeting the Advanced level criteria of the Global Compact. The
reference table is available on the Global Compact website (COP
2011). With this report, the Group meets the Advanced level again
this year.
ISO26000
In 2010, the ISO (International Organisation for Standardisation)
published guidelines on organisations’ societal responsibility (ISO
standard 26000). ISO26000 is a compromise that gets different
players from the public, private and non-profi t sectors, from around
100 countries, involved, and a vision of how an organisation should
view societal responsibility. Schneider Electric’s actions towards
sustainable development are completely in line with ISO 26000.
This standard legitimises the sustainable development actions
undertaken by the Group since the early 2000s and provides an
educational support and framework for its actions in the fi eld.
The Global Reporting Initiative
The Global Reporting Initiative (GRI) was established in 1997 as
a mission to develop globally applicable directives to report on
economic, environmental and social performance; initially intended
for companies and subsequently for any governmental or non-
governmental organisation.
Brought about by the Coalition for Environmentally Responsible
Economies (CERES) in association with the United Nations
Environmental Program, the GRI integrates the active participation
of companies, NGOs, accounting bodies, business associations,
and other stakeholders from across the globe.