APC 2013 Annual Report Download - page 97

SUSTAINABLE DEVELOPMENT
SCHNEIDER ELECTRIC, AN ECO-CITIZEN COMPANY
a Welfare Investment Director, who manages the Schneider
l
WHO IS A PERSON AT THE BASE OF THE PYRAMID?
>
Electric Energy Access social welfare fund;
Base of the Pyramid” is a term widely used today to
refer to those with the lowest income either in the world
or in a given country. Whether seen in absolute terms
(income of less than USD 1.25 per day in purchasing
power parity according to the World Bank) or in relative
terms (income of less than 60% of the average income
for the European Union), poverty affects people in
marginalized situations (infrastructure, isolation, poor
access to banking structures, etc.). Specific
approachesare therefore required to meet these
challenges and tocontribute to reducing poverty. (1)
a Training Programs Director;
l
BipBop correspondents in key countries (India, Senegal, Nigeria,
l
South Africa, Brazil, etc.).
Rollout
BipBop program operates through its local presence in the
countries concerned by the energy access problem to achieve its
goals. With a few rare exceptions, all projects initiated benefit from
2
monitoring by employees of Schneider Electric entities operating in
the country. These employees constitute a network of key contact
people for the design, management and monitoring of projects.
Organization
Their involvement may be part time or full time. They contribute
their knowledge of the local context (organization of civil society,
Management
local authorities, the private sector, etc.) and guarantee that the
project is aligned with local needs. Their presence is of crucial
The program is managed by the Sustainable Development importance for the long-term oversight of projects in which
Department. The program management team is now spread Schneider Electric is involved. The main areas targeted by BipBop
equally between France and India: are India, Bangladesh, China, South Asia, Sub-Saharan Africa and
South America.
a BipBop solutions Business Development Director;
l
an Offering Creation Director based in Bangalore (India);
l
For this section, three key performance indicators were set in the Planet&Society Barometer for the duration of the Connect Program
(2012-2014):
Objectives for year end 2014 2013 2012 2011
1. 1 million households at the Base of the Pyramid with energy access 695,685 ▲344,441 -
2. 30,000 people at the Base of the Pyramid trained in energy management 32,602 ▲10,517 -
3. 300 missions carried out via the “Schneider Electric Teachers” NGO 228 ▲66 -
The 2011 performance serves as a starting value for the Planet&Society Barometer Connect Program between 2012 and 2014.
▲2013 Audited Indicators.
Please refer to pages 105 to 108 for the methodological presentation of indicators and the following pages for the analysis of the results
(pages97-98 for indicator1, 99 for indicator2 and 101 for indicator3).
Social investment (Business)
The development of businesses that fight against energy
l
poverty in Europe by promoting energy efficiency and the
In July 2009, Schneider Electric announced the creation of a provision of efficient housing;
global social welfare investment fund called Schneider Electric promote the development of businesses that provide access to
l
Energy Access (SEEA), with an initial capital of EUR3million. energy in rural or suburban areas in developing countries;
At December 31, 2013, the following amounts were managed by support the deployment of innovative energy access solutions
l
the fund: that use renewable energies for people at the Base of the
Pyramid.
EUR3,000,000 in capital invested by Schneider Electric;
l
The SEEA fund brings together different stakeholders by
EUR1,500,000 invested by Schneider Energie Sicav Solidaire
l
encouraging Schneider Electric’s employees and business
(of which EUR700,000 in capital);
partners around the world to play an active role in this
EUR200,000 in capital invested by Phitrust Partenaires.
l
commitment. This social welfare investment structure, designed
Approach
by Schneider Electric to promote responsible development,
constitutes a response to new French legislation on employee
Created with the support of the Crédit Coopératif, the fund’s savings plans. On September 30, 2013, 3,287Group employees
mission is to support the development of entrepreneurial initiatives in France showed their interest in the BipBop program by
worldwide that will help the poorest populations obtain access to investing EUR7million.
energy. It will invest in specific projects:
help jobless individuals create businesses in electricity;
l
(1) BoP indicators of the Planet & Society Barometer use geographical criteria; see methodology of indicators from the Barometer.
95
2013 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC