Makeobjectivedecisions 06 usingtrusteddata S OR T S E V IN H T WI T S U TR Dataiseveryone’s business, because we all produce and consume data everydaytoinformSchneiderElectric’skeydecisions. WebelievethatDataGovernanceisanacceleratorof scalabilityandan enabler of trust. By implementing standards, controls and best practices, datagovernanceenablesasecuredatasupplychain,fosteringdata reliability, integrity and velocity. TheDataChartersetsouttheprinciplesandfoundationof datagovernance,detailing4datagoldenrules: • Goldenrule#0–DataProtection&Complianceframework, • Goldenrule #1 - Governed Authoritative source, • Goldenrule#2–GovernedGroupReferentials, • Goldenrule#3–GovernedGroupDataPlatform. SchneiderElectric and all subsidiaries must adequately comply to data golden rules from data creation to data consumptionacrossprocesses.The charteralsoseekstoensurethatauthorizedindividualsandentities withinSchneider Electric are compliant with the relevant regulations and legislation from privacy to ethical usage of data. • Apply the 4 Data Golden Rules to drive trust and scalability • Handle data without a clear understanding of its sensitivity – Apply the Data Protection & Compliance framework and without applying relevant data protection mechanisms – Useauthoritative data sources • Keepdata or records without checking data retention policy – Categorize data using Company Referentials • Usedatafor key decisions without considering traceability – Distribute data to approved SE data platforms only • Jeopardize accuracy and integrity of data by manipulating • Ensure that Performance Management is relying upon data sourced from Schneider Electric Data Platforms objective data • Think data is a topic for experts: data is everyone’s business • Skill up on Data Competencies, leveraging the Data & • Addressdatagovernanceonceasystem isalreadydeployed AI Academy • Develop Algorithms without consideration for Ethics and Privacy,
Schneider Electric's Trust Charter Flipbook Page 27 Page 29