APC 2011 Annual Report Download - page 61

REGISTRATION DOCUMENT 2011 SCHNEIDER ELECTRIC 59
SUSTAINABLE DEVELOPMENT
2
GREEN AND RESPONSIBLE GROWTH DRIVING ECONOMIC PERFORMANCE
2.5 Fight against corruption
Approach and action plans
Schneider Electric must complete surveys, controlled by rating
agencies and investors on sustainable development practices,
which often include questions on very specifi c subjects such as our
anti-corruption policies. The Group makes an effort to respond to all
questions with full transparency.
The Governance Committee, presided over by the Executive Vice
President for Strategy & Innovation, applies a seven-point progress
plan based on the Responsibility &Ethics Dynamicsprogram:
1. identify high level employees to monitor the rollout of the
Responsibility & Ethics Dynamics program;
2. defi ne best practices to prevent illegal actions, strengthen
management’s major role and promote use of the professional
alert system;
3. ensure that all policies comply with Our Principles of Responsibility;
4. inform employees of standards and procedures;
5. implement monitoring, audit, and reporting systems;
6. establish a discipline for the practical implementation of standards
and procedures;
7. in the event of a breach of the ethics principles, take the corrective
measures necessary, including the consolidation of procedures.
Examples
In full coordination with the Responsibility & Ethics Dynamics
program, the awareness-raising actions, linking the Sustainable
Development, Legal, Security and Internal Audit functions have
been led by the line managers in 2011.
Various other anti-corruption initiatives have been implemented, at
the national or regional level:
•in France, Schneider Electric is involved in defi ning ethical
standards as part of the Business Ethics Commission of the
GIMELEC, a grouping of electrical equipment manufacturers;
•in Russia, Schneider Electric signed an ethics charter with the
Association of European Businesses;
•Schneider Electric Egypt obtained specifi c anti-corruption
certifi cation for its work with the National Electricity Corporation
in Sudan.
Award for excellence 2011
The Group is also proud of having been included once again in The
Ethisphere Institute’s World’s Most Ethical Companies indicator.
Schneider Electric is among 100 international companies
recognised for their ethical commitment and behaviour. The
performance measures looks at the existence and consistency
of governance, the reputation and infl uence of the company, the
quality of actions promoting citizenship and social responsibility,
and the culture and actions promoting ethics. This recognition
is reassuring for the Group as it implements the Responsibility
&Ethics Dynamicsprogram.
Outlook for 2012
Program rollout will continue in 2012 along various axes:
•implementation of the recommendations given during the internal
audit in late 2011, primarily continuing communication actions
and training for employees in countries most susceptible to
breaches of ethics;
•continuation of implementing simple measures to enable
employees to understand ethical dilemmas in an operational
context and to help them place themselves above the risk level
to which they may be exposed;
•working with the Principles of Responsibility Advisors to
forge closer ties between the principles and the operational
procedures and directives that should be readily available to all
Groupemployees.