Schneider Electric included in the 2018 Bloomberg Gender-Equality Index

Schneider Electric

January 24, 2018

Schneider Electric, the leader in digital transformation of energy management and automation, is featured among the 104 companies included in the 2018 Bloomberg Gender-Equality Index. Based on a detailed self-disclosure survey, the index provides a unique barometer of gender-equality performance across all sectors worldwide. For Schneider Electric, this news reinforces the company’s strong commitment to an inclusive, diverse culture and its longstanding efforts to promote gender equality.

Olivier Blum, Chief Human Resources Officer and Executive Vice President at Schneider Electric, commented: “Our diversity and inclusion philosophy aims to provide equal opportunities to everyone everywhere, and ensure that all our employees feel uniquely valued and safe to contribute their best. The Bloomberg Gender-Equality Index gives us an opportunity to be evaluated among the best performers, while serving as a barometer for our efforts as a gender-equal employer. Our inclusion in the index strengthens our resolve to create an inclusive culture where all forms of diversity are valued.”

An index to promote market transparency and raise awareness on gender issues

Originally limited to the financial services industry when launched in 2016, the Bloomberg Gender-Equality Index is now open for the first time to companies from any sector, providing that they have a market capitalization of US$1 billion or greater and at least one security trading on a U.S. stock exchange. The aim is to provide managers and investors with comparative information on gender-equality performance, while encouraging corporate disclosure, providing greater market transparency and raising awareness of gender issues.

“We commend Schneider Electric and the other 103 companies included in the 2018 GEI for their efforts to create work environments that support gender equality across a diverse range of industries,” said Peter T. Grauer, Chairman of Bloomberg and Founding Chairman of the U.S. 30% Club. “Their leadership sets an important example that will help all organizations innovate and navigate the growing demand for diverse and inclusive workplaces”.

To produce the index, Bloomberg has designed a detailed survey that will encourage firms to verify data internally, discuss their performance monitoring and set goals for their gender policies and practices. A total of 77 data fields are included in 60 questions, organized in four categories: gender statistics, company policies, product offering, and community engagement. Companies that complete the survey are assigned a score based on both disclosure and data excellence. For the 2018 index, participants based their data on fiscal year 2016.

Schneider Electric: best-in-class scores based on concrete achievements

Schneider Electric scored high on criteria involving top management commitment, community engagement, practices and policies.

This performance reflects the company’s numerous initiatives to drive positive change and monitor its progress. For example, gender pay equity is among the 16 key indicators included in Schneider Electric’s quarterly “Planet & Society” sustainable development barometer, and in 2017, the company achieved its goal of 85 per cent of employees working in countries covered by a gender pay equity process. Schneider Electric continues its partnership with the HeForShe movement as an IMPACT 10x10x10 Champion, one of 30 key decision-makers from governments, corporations and universities spearheading the move to make gender equality an institutional priority. (Watch the video of Mr Tricoire describing what being a 10x10x10 Champion means)

According to Olivier Blum, “Workplace gender equality is paramount, not only as the fair and the right thing to do, but because it is paramount to helping individuals achieve their full potential, develop their skills and reach high levels of productivity. Gender equality is achieved when people can access and enjoy the same rewards, resources and opportunities regardless of gender. Part of our social DNA at Schneider Electric is recognizing and valuing differences.”

www.schneider-electric.ca 

 

Related Articles


Latest Articles

  • Investment in Single-Family Homes Continues to Rise for April

    Investment in Single-Family Homes Continues to Rise for April

    June 14, 2024 Month over month, investment in building construction increased 4.5% to $20.4 billion in March. The residential sector was up 5.4% to $14.3 billion, while investment in the non-residential sector increased 2.3% to $6.1 billion. On a constant dollar basis (2017=100), investment in building construction increased 4.1% to $12.5 billion in March. Investment in single-family homes continues to rise Investment in… Read More…

  • Record High Levels in British Columbia’s Multi-Unit Residential Construction Intentions for April

    Record High Levels in British Columbia’s Multi-Unit Residential Construction Intentions for April

    June 14, 2024 Month over month, the total value of building permits in Canada significantly increased 20.5% to $12.8 billion in April. Construction intentions in the residential sector increased 21.0% to $8.0 billion and the non-residential sector rose 19.6% to $4.8 billion, with growth observed in all components. British Columbia posted a record high monthly total value of building permits ($3.1 billion),… Read More…

  • ECAO’s Ontario’s Energy Future Sector Analysis Report

    ECAO’s Ontario’s Energy Future Sector Analysis Report

    June 14, 2024 Driven by economy-wide decarbonization efforts in response to the global climate crisis, Ontario’s electricity sector is rapidly evolving to enable the shift from fossil-based energy sources to clean energy sources. At the same time, with electrification of industry, transportation and more, it is abundantly clear that the demand for electricity supply is… Read More…

  • Planned Shift from Gas to Electric Heat Required to Avoid High Costs and Emissions: Report

    Planned Shift from Gas to Electric Heat Required to Avoid High Costs and Emissions: Report

    June 14, 2024 New research published today by the Canadian Climate Institute finds that a system-wide shift from gas to electric heat is the lowest-cost path through the clean energy transition. The report, Heat Exchange: How today’s policy choices will drive or delay Canada’s transition to clean, reliable heat, concludes that provincial government action will be  necessary to protect reliability and… Read More…


Changing Scene

  • Danielle Mayer – 2024 ECAM Award Recipient

    Danielle Mayer – 2024 ECAM Award Recipient

    June 14, 2024 Danielle Mayer’s journey to receiving the 2024 ECAM Award is one of dedication and determination. Danielle’s interest in the electrical trade sparked when she realized its potential as a hands-on career path, prompted by the suggestion from her friends that they needed an electrician among them. Beginning her exploration of the electrical… Read More…

  • CAF-FCA Unveils Trades Talent – An Innovative Speaker Connection Service at 2024 National Apprenticeship Conference

    CAF-FCA Unveils Trades Talent – An Innovative Speaker Connection Service at 2024 National Apprenticeship Conference

    June 14, 2024 The 2024 National Apprenticeship Conference saw an exciting announcement from the Canadian Apprenticeship Forum (CAF-FCA) with the launch of Trades Talent, an innovative online service designed to connect event planners with expert speakers in the skilled trades sector. This ground-breaking platform promises to be a game-changer for those seeking knowledgeable and engaging… Read More…

  • Atkore Announces Environmental Product Declarations for Steel and PVC Conduit Products

    Atkore Announces Environmental Product Declarations for Steel and PVC Conduit Products

    Atkore Inc. announced it has published Environmental Product Declarations (EPDs) for its Galvanized Steel, Stainless Steel, and PVC Conduit & Fittings portfolios. Verified by an independent third party, each EPD contains a product’s life cycle assessment that measures its environmental impact, such as greenhouse gas emissions, energy use, water consumption, waste generation, and other factors…. Read More…

  • ECAO 2024 Douglas J.B. Wright Award

    ECAO 2024 Douglas J.B. Wright Award

    June 14, 2024 Congratulations to Mr. Allan Kellett, Co-Owner of K-Line Group of Companies, on being named the recipient of the ECAO’s 2024 Douglas J.B. Wright Award! The award was presented earlier this month as part of ECAO’s Annual General Meeting. View the LinkedIn post HERE Read More…