Case Study – Schneider Electric

Schneider Electic

SDG: 7.2

Issue: Climate Change

As a provider of natural resource and energy efficiency solutions, Schneider Electric is naturally orientated toward sustainability. However, as a large industrial company it has wider environmental and social impacts and BMO GAM wanted to ensure these were being properly managed. It became clear from the engagement with the Lead Independent Director that there was a strong CEO-level commitment to sustainability. The targets and measures in place to monitor progress were discussed and how these are integrated into pay policies.

Particular focus was given to climate change, where the company was encouraged to manage its own emissions, monitor and reduce emissions arising in its supply chain and to quantify how it is enabling its customers to cut their emissions. It has adopted a science based target, consistent with limiting the global temperature rise to 1.5 degrees Celsius.