Anti-corruption at Schneider Electric
At Schneider Electric, we encourage our employees to conduct business ethically by adopting a zero-tolerance policy toward corruption and other unethical practices. To promote and develop integrity in business activities, various anti-corruption initiatives have been created or reinforced over the last few years, both in terms of prevention and control.
This year, we’ve launched a new anti-corruption e-learning program which is mandatory for employees in the most exposed functions (finance, sales, and procurement) and we are tracking the results through the Schneider Sustainability Impact. In addition, we launched an anti-corruption certification process for our Middle-East zone with the consulting company ETHIC Intelligence and are expected to be certified in 2018.
We are also continuing our partnership with Transparency International France, a leading NGO which aims to stop corruption and promote transparency, responsibility, and integrity at all levels and across all sectors.
Principles of Responsibility
Updated regularly, our Principles of Responsibility document details Schneider Electric’s commitments to its employees, partners, shareholders, planet, and society. The next update is scheduled for later this year. The document aligns with the 10 principles of the Global Compact of the United Nations, the Universal Declaration of Human Rights, and standards issued by the International Labor Organization and the Organization for Economic Cooperation and Development.