www.se.com Schneider Electric Integrated Report 2021 32 Integrated report 1.5 2.0 2.5 3.0 3.5 1.5 2.0 2.5 3.0 3.5 Internal Stakeholders External stakeholders Governance and Ethics Product stewardship Mission Social Environment Society Sustainable supply chain Becoming a leader of the circular economy and rethinking our resource footprint Being a role model in the effective reduction Decarbonizing our supply chain Guaranteeing cybersecurity of products and solutions Guaranteeing a 100% responsible offer Guaranteeing quality and safety of products Actively contributing to the rise of the industry 4.0 Guaranteeing optimal working health and safety conditions for our employees Developing regional value chains Aiming for zero corruption at all levels, in the whole value chain Promoting diversity and inclusion in all our professions, countries and operations Advocating an all electric and all digital world Facilitating renewable energy production Ensuring an expert and representative governance for long term sustainable value Being exemplary in the management of our customers and partners data Ensuring customer due diligence Becoming a key player in electric mobility Aiming for environmental excellence at our sites Ensuring our employees well-being in and out of the workplace Supporting our employees in the transformation of their profession Being a recognized access to energy player Ensuring an exemplary influence policy Contributing to the fight against energy poverty Ensuring fair pay for our employees Ensuring digital sobriety Contributing to training and education in energy & digital professions Ensuring social dialogue Limiting global impact on biodiversity, in our whole value chain Ensuring exemplary tax practices of our own CO 2 emissions Guaranteeing high social and environmental standards for subcontractors and suppliers Becoming a key player for a net zero carbon built environment* Meeting the challenges of today and tomorrow Schneider Electric is committed to open communication with its ecosystem and uses the feedback to analyze its market and define areas of engagement. The 2021 – 2025 Schneider Sustainability Impact program offers ways to implement quick and disruptive changes on issues identified as a priority by the Group and its stakeholders. Key stakes for our ecosystem identified by the materiality assessment To consolidate the relationship and expectations of its external and internal stakeholders, Schneider Electric updates its materiality assessment on a regular basis. In 2020, the Group launched the stakeholder consultation process to update its materiality matrix and build the new Schneider Sustainability Impact. Almost 200 stakeholders – customers, suppliers, international organizations, trade associations, experts, shareholders, senior managers, and members of the Executive Committee – were invited to assess the importance of the challenges facing the Group. The general consensus was that companies need to become more resilient in the face of growing environmental, social, political, and economic instability. What stakeholders most expect from the Group is genuine leadership in decarbonizing the economy through its businesses, products, and solutions. The four main trends were climate, circular economy, a fair and equitable transition, and digitized, cybersecure solutions. All 31 issues raised were deemed important, thus reinforcing our holistic vision of sustainability and the Company’s extended responsibility to its ecosystem, in particular its supply chain. Our Stakeholders Materiality matrix Committed with our partners
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