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Classified in: Oil industry, Science and technology
Subjects: WOM, CSR

Schneider Electric included in the Bloomberg Gender-Equality Index for the third year in a row


MISSISSAUGA, ON, Jan. 22, 2020 /CNW/ - Schneider Electric, the global leader in the digital transformation of energy management and automation, has for the third year in a row been ranked in the  Bloomberg Gender-Equality Index (GEI). The GEI is open to all companies, from different sectors, and with a market capitalization of more than U.S. $1 billion. Schneider Electric is one of 325 global companies, and one of 16 in the industrial sector, to be ranked.    

"We are honored to be recognized for the third year in a raw for our efforts to achieve gender equality," said Jean-Pascal Tricoire, Schneider Electric's Chairman and CEO. "At Schneider Women, gender equity is a top priority for us. We pride ourselves on nurturing an inclusive culture where women leaders are empowered, enabled and visible in the organization. We have set a goal to reach at least 30% women on every single leadership team. Gender balance is integral to how we conduct business, and we are making it a business priority."

Bloomberg recognizes Schneider Electric's commitment to gender equality and transparency in reporting

Created in 2016, the Bloomberg GEI provides managers and investors with comparative information on gender-equality performance of the world's biggest companies. Based on a detailed self-disclosure survey on 2018 data, the GEI provides a unique barometer of gender-equality performance as well as transparency in gender reporting and to advancing women globally. And by publicly releasing their gender-related data, Schneider Electric has fortified its commitment to gender equality across 100+ countries it operates.

"The 325 companies included in the 2020 GEI have shown their commitment to transparency and demonstrated leadership in gender-related data reporting," said Peter T. Grauer, Chairman of Bloomberg. "Disclosure of company statistics and practices is an important first step in supporting gender equality globally."

Schneider Electric's strong performance based on concrete achievements 

The Index includes 75 questions across one of five pillars: Female Leadership & Talent Pipeline, Equal Pay & Gender Pay Parity, Inclusive Culture, Sexual Harassment Policies and Pro-Women Brand. Companies are assigned a score based on both disclosure and data excellence.

Schneider Electric scored high in the areas of Inclusive Culture and Pro-Women Brand. This strong performance reflects the company's numerous initiatives to drive positive change and provide equal opportunities for everyone, everywhere, specifically in:

Schneider Electric received other global recognitions for its commitment to Diversity & Inclusion     

In addition to being included in the GEI, Schneider Electric has received other prestigious recognitions during 2019. The company was ranked in the Top 50 in the Financial Times Diversity Leaders 2020 Report, which assesses companies' success in promoting all types of diversity, and  was listed first in the industrial sector in Equileap's Gender Equality Report, which accelerates progress towards gender equality in the workplace. Schneider Electric was also ranked in the Top 50 for the Universum's Diversity & Inclusion Index, which recognizes the most diverse and inclusive employers of the world and awarded with the 2019 Catalyst Award for its bold initiatives to help women to advance their careers.

About Schneider Electric

At Schneider, we believe access to energy and digital is a basic human right. We empower all to make the most of their energy and resources, ensuring Life Is On everywhere, for everyone, at every moment.

We provide energy and automation digital solutions for efficiency and sustainability. We combine world-leading energy technologies, real-time automation, software and services into integrated solutions for Homes, Buildings, Data Centers, Infrastructure and Industries.

We are committed to unleash the infinite possibilities of an open, global, innovative community that is passionate about our Meaningful Purpose, Inclusive and Empowered values.

www.schneider-electric.com 

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Hashtags: #SEGreatPeople #Meaningful #Inclusive #Empowered #OurImpact #BloombergGEI

SOURCE Schneider Electric Canada Inc.


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