APC 2015 Annual Report Download - page 96

2015 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC94
SUSTAINABLE DEVELOPMENT
2SCHNEIDER ELECTRIC, AN ECO-CITIZEN COMPANY
For this section, three key performance indicators have been set in the Planet&Society barometer for the duration of the Schneider is On
program (2015-2017):
Objectives for year-end 2017 2015 2014
1. x5 turnover of Access to Energy program to promote development x2.07▲-
2. 150,000 underprivileged people trained in energy management 102,884▲73,339
3. 1,300 missions within Schneider Electric Teachers NGO 878▲460
The 2014 performance serves as a starting value for the Planet&Society barometer of the Schneider is On program between 2015 and 2017.
▲ 2015 audited indicators.
Please refer to pages104 to 107 for the methodological presentation of indicators and the following pages for the analysis of the results
(pages95 for indicator1,97 for indicator2, and 100 for indicator3).
Social investment
In July2009, Schneider Electric announced the creation of a global
social welfare investment fund called Schneider Electric Energy
Access (SEEA), with an initial capital of EUR3million.
On December31, 2015, the following amounts were managed by
the fund:
•EUR3,000,000 in capital invested by Schneider Electric;
•EUR1,800,000 invested by Schneider Energie Sicav Solidaire (of
which EUR500,000 in capital);
•EUR200,000 in capital invested by Phitrust Partenaires.
Approach
Created with the support of the Crédit Coopératif, the fund’s
mission is to support the development of entrepreneurial initiatives
worldwide that will help the poorest populations obtain access to
energy. It will invest in specifi c projects:
•helping jobless individuals create businesses in the electricity
sector;
•the development of businesses that fi ght against fuel poverty
in Europe by promoting energy effi ciency and the provision of
effi cient housing;
•promoting the development of businesses that provide access to
energy in rural or suburban areas in developing countries;
•supporting the deployment of innovative energy access solutions
that use renewable energies for underprivileged people.
The SEEA fund brings together different stakeholders by
encouraging Schneider Electric’s employees and business partners
around the world to play an active role in this commitment. This
social welfare investment structure, designed by Schneider Electric
to promote responsible development, constitutes a response to
new French legislation on employee savings plans. At the end of
2015, 5,000Group employees in France showed their interest in
the Access to Energy program by investing EUR11million.
The aim of the SEEA fund is to promote development while
protecting the assets under management. Accordingly, it has
adopted strict management rules, such as:
•always invest in partnerships with recognized players;
•never take a majority shareholding;
•always ensure sustained company support (help develop a
business plan, technical advice, etc.) to deliver the optimum
social effi cacy while minimizing risk.
Action plans
Investments in France
La Foncière Chênelet is a Chênelet Group employment opportunity
company formed to counter energy precariousness by creating
energy-effi cient social housing. Moreover, construction sites bring
together employment opportunity companies and conventional
fi rms to promote rehiring of the unemployed.
SIDI (International Solidarity for Development and Investment) is an
investment fund that assigns priority to the impact on development
rather than return. The fund is an important partner of SEEA and is
particularly active in the microfi nance sector.
LVD Énergie (formerly Solasyst) is a company of «La Varappe»
employment opportunity group based in Aubagne, France. This
company has developed a range of effi cient and environmentally
friendly buildings on the basis of recycled shipping containers. An
initial project of housing units for people entering the workforce was
exhibited in Versailles (France) at the « Solar Decathlon » event.
Following this exhibition, the housing units were installed in Lyon
by « Habitat for Humanity » as housing for people entering the
workforce.
Envie Sud Est is a social integration company, which is a member
of the ENVIE network. Its main activity is the collection and
treatment of Waste Electrical and Electronic Equipment (WEEE).
Studies are currently under way into partnerships with this company
for the management and treatment of waste produced at Schneider
Electric sites in Rhône-Alpes (France).
IncubEthic SAS is an approved social enterprise, which mainly
provides energy effi ciency advice services.
Partnership with ADIE
In 2010, Schneider Electric set up a project in partnership with the
Association pour le Droit à l’Initiative Économique (ADIE) to help
entrepreneurs start businesses in the electricity sector. The goal is
three-fold:
•to help individuals who have, in some cases, been out of the
workforce for several years to create their own jobs in a promising
industry;
•to contribute to the local economy;
•to promote the electricity sector.