APC 2014 Annual Report Download - page 94

2SUSTAINABLE DEVELOPMENT
SCHNEIDER ELECTRIC, AN ECO-CITIZEN COMPANY
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 2014 2013 2012 2011
1. 1million households at the Base of the Pyramid have access to energy 1,095,806 ▲695,685 344,441 -
2. 30,000 people at the Base of the Pyramid trained in energy
60,232 ▲32,602 10,517 -management
3. 300 missions with the «Schneider Electric Teachers» NGO 460 ▲228 66 -
The 2011 performance serves as a starting value for the Planet&Society Barometer of the Connect program between 2012 and 2014.
▲ 2014 audited indicators.
Please refer to pages101 to 104 for the methodological presentation of indicators and the following pages for the analysis of the results
(pages93-95 for indicator1, 95 for indicator2 and 97 for indicator3).
Social investment Action plans
Investments in France
In July2009, Schneider Electric announced the creation of a
global social welfare investment fund called Schneider Electric La Foncière Chênelet is a Chênelet Group employment
Energy Access (SEEA), with an initial capital of EUR3million. opportunity company formed to counter energy precariousness by
creating energy-efficient social housing. Moreover, construction
On December31, 2014, the following amounts were managed by
sites bring together employment opportunity companies and
the fund:
conventional firms to promote rehiring of the unemployed.
EUR3,000,000 in capital invested by Schneider Electric;
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SIDI (International Solidarity for Development and Investment) is
EUR1,700,000 invested by Schneider Energie Sicav Solidaire
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an investment fund that assigns priority to the impact on
(of which EUR500,000 in capital); development rather than return. The fund is an important partner
EUR200,000 in capital invested by Phitrust Partenaires.
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of SEEA and is particularly active in the microfinance sector.
Approach
LVD Énergie (formerly Solasyst) is a company of «La Varappe»
employment opportunity group based in Aubagne, France. This
Created with the support of the Crédit Coopératif, the fund’s company has developed a range of efficient and environmentally
mission is to support the development of entrepreneurial initiatives friendly buildings on the basis of recycled shipping containers. An
worldwide that will help the poorest populations obtain access to initial project of housing units for people entering the workforce
energy. It will invest in specific projects: was exhibited in Versailles (France) at the «Solar Decathlon»
event. Following this exhibition, the housing units were installed in
help jobless individuals create businesses in electricity;
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Lyon by «Habitat for Humanity» as housing for people entering
the development of businesses that fight against fuel poverty in
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the workforce.
Europe by promoting energy efficiency and the provision of
efficient housing;
Partnership with ADIE
promote the development of businesses that provide access to
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In 2010, Schneider Electric set up a project in partnership with the
energy in rural or suburban areas in developing countries; Association pour le Droit à l’Initiative Économique (ADIE) to help
support the deployment of innovative energy access solutions
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entrepreneurs start businesses in the electricity sector. The goal is
that use renewable energies for underprivileged people. three-fold:
The SEEA fund brings together different stakeholders by help individuals who have, in some cases, been out of the
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encouraging Schneider Electric’s employees and business workforce for several years to create their own jobs in a
partners around the world to play an active role in this promising industry;
commitment. This social welfare investment structure, designed contribute to the local economy;
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by Schneider Electric to promote responsible development, promote the electricity sector.
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constitutes a response to new French legislation on employee
savings plans. At the end of 2014, 5,000Group employees in The project targets entrepreneurs and project sponsors who do
France showed their interest in the Access to Energy program by not have access to bank loans, notably the unemployed and
investing EUR9million. low-income individuals. Schneider Electric and Schneider
Initiatives Entrepreneurs, an association that nurtures spin-offs,
The aim of the SEEA fund is to promote development while finance part of the microloans granted to electrical businesses
protecting the assets under management. Accordingly, it has through ADIE. In 2014, SEEA helped refinance 120 loans.
adopted strict management rules, such as: Schneider Electric’s French Sales Division has also created a pact
always invest in partnerships with recognized players;
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with dedicated technical training resources combined with
never take a majority shareholding;
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support from a local sales representative to help these
entrepreneurs.
always ensure sustained company support (help develop a
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business plan, technical advice, etc.) to deliver the optimum
social efficacy while minimizing risk.
92 2014 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC