{"id":13904,"date":"2019-01-18T11:21:35","date_gmt":"2019-01-18T11:21:35","guid":{"rendered":"https:\/\/ewnews.co.uk\/?p=13904"},"modified":"2019-01-18T11:21:35","modified_gmt":"2019-01-18T11:21:35","slug":"schneider-electric-champions-advancement-of-gender-equality-and-inclusion","status":"publish","type":"post","link":"https:\/\/ewnews.co.uk\/index.php\/schneider-electric-champions-advancement-of-gender-equality-and-inclusion\/","title":{"rendered":"Schneider Electric champions advancement of gender equality and inclusion"},"content":{"rendered":"<h5><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-13905 aligncenter\" src=\"https:\/\/ewnews.co.uk\/wp-content\/uploads\/shutterstock_221466169.jpg\" alt=\"\" width=\"1000\" height=\"667\" srcset=\"https:\/\/ewnews.co.uk\/wp-content\/uploads\/shutterstock_221466169.jpg 1000w, https:\/\/ewnews.co.uk\/wp-content\/uploads\/shutterstock_221466169-150x100.jpg 150w, https:\/\/ewnews.co.uk\/wp-content\/uploads\/shutterstock_221466169-300x200.jpg 300w, https:\/\/ewnews.co.uk\/wp-content\/uploads\/shutterstock_221466169-768x512.jpg 768w, https:\/\/ewnews.co.uk\/wp-content\/uploads\/shutterstock_221466169-500x334.jpg 500w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/h5>\n<h5><strong>In recognition of its commitment and progress towards gender equality and inclusion across the Group, Schneider Electric has received two significant accolades, being one of the 230 companies included in the 2019 Bloomberg Gender-Equality Index (GEI).<\/strong><\/h5>\n<p>The company \u2013 a global leader in digital transformation of energy management and automation \u2013 received, for the first time, the 2019 Catalyst Award that highlight its bold and forward-thinking initiatives that help create safe and inclusive workplaces where women can advance.<!--more--><\/p>\n<p>\u201cSchneider Electric\u2019s commitment is to provide equal opportunities to everyone, everywhere, and to ensure that all our employees feel uniquely valued and safe so that they can contribute to the best of their potential,\u201d said <strong>Olivier Blum, Global Chief Human Resources Officer And Executive Vice President at Schneider Electric<\/strong>. \u201cOur inclusion on Bloomberg\u2019s GEI, and the prestigious Catalyst Award, demonstrate our strong performance in Diversity and Inclusion, both at the global and country level.\u201d<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Bloomberg recognises Schneider Electric\u2019s commitment to Diversity and Inclusion<\/strong><\/p>\n<p>For the second year in a row, Schneider Electric has been ranked on Bloomberg\u2019s GEI. Created in 2016 to provide managers and investors with comparative information on gender-equality performance of the world\u2019s biggest financial services companies, the GEI was extended to all sectors for the 2018 Index. In 2019, Schneider Electric is one of 230 global companies, and only one of eight in the industrial sector, to be ranked.<\/p>\n<p>Schneider Electric scored high on top management commitment, gender inclusive company policies, and community engagement. This strong performance reflects the company\u2019s numerous initiatives to drive positive change and monitor its progress. As part of this commitment, both the implementation of the Global Family Leave policy and application of the global pay equity framework are part of Schneider Sustainability Impact, which is as a barometer to gauge the Company\u2019s sustainability development performance and is part of all employees\u2019 variable compensation.\u00a0 As of the end of 2018, more than 50 countries have implemented the Family Leave policy and over 90% of the Group employees are covered by the Pay Equity Framework.<\/p>\n<p>\u201cWe applaud Schneider Electric and the other 229 firms tracked by the index for their action to measure gender equality through the Bloomberg GEI framework,\u201d said <strong>Peter T. Grauer, Chairman of Bloomberg and Founding Chairman of the U.S. 30% Club<\/strong>. \u201cSchneider Electric\u2019s GEI inclusion is a strong indicator to its employees, investors and industry peers alike that it is leading by example to advance ongoing efforts for a truly inclusive workplace.\u201d<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Catalyst praises Schneider Electric\u2019s extraordinary progress in India<\/strong><\/p>\n<p>The Catalyst Award celebrates innovative organisational approaches with proven, measurable results that accelerate progress for women through workplace inclusion. Schneider Electric is one of four organisations receiving the award this year alongside Bank of America, Deutsche Post DHL Group and Elli Lilly. The company is recognised for Schneider Electric India\u2019s holistic approach to gender inclusion attracting and retaining women in Schneider Electric India.<\/p>\n<p>To assess the Group, Catalyst engaged Schneider Electric India leaders and employees in an extensive evaluation which includes documentation reviews, phone interviews and onsite visits. In Delhi and Bangalore Schneider Electric Offices, Catalyst was impressed by the results inclusion has brought to the organisation in a country where gender equality is a big concern.<\/p>\n<p>&nbsp;<\/p>\n<p>Schneider Electric India\u2019s holistic approach comprises:<\/p>\n<ul>\n<li>Robust recruiting and retention programs, including targeted campus hiring and outside sector recruitment, intentional recruiting and retention of people across the various dimensions of diversity, including disability and LGBTI.<\/li>\n<li>Efforts to re-engage women following a career break through programs such as Her Second Innings, which eases women professional\u2019s transition back into the workforce.<\/li>\n<li>Men\u2019s engagement and inclusion in all aspects of the initiative to encourage and support their participation as allies and champions.<\/li>\n<li>Flexible work arrangements for all. Many employees shared stories with us about their ability to work remotely for extended periods with the support of their managers and colleagues to care for sick loved ones. Additionally, more fathers are taking parental leave.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>\u201cAt Schneider Electric we know that embracing diversity is simply an unfiltered acknowledgement of the truth of this world.\u00a0 It goes without saying that creating an empowering environment for individuals from diverse cultures, gender identities, socio-religious preferences and special abilities gets them to bring their authentic selves to work. It\u2019s that common feature which allows them to contribute their finest at work and outside.\u201d said Anil Chaudhry, <strong>Managing Director &amp; Zone President, Schneider Electric Greater India and Member of the Global Diversity &amp; Inclusion Board of the Group<\/strong>. \u201cWe are proud to be walking the talk these last few years on diversity and inclusion- and are truly humbled by Catalyst\u2019s recognition. I am proud of my team which has been working at this passionately.\u201d<\/p>\n<p>From 2015 to 2018, the impact of the initiative has been increasingly tangible, with women\u2019s representation increasing across all levels 15.9% to 20.8%, despite an overall workforce shrinkage of 5%, and women\u2019s voluntary attrition rates shrinking by almost half, from 14.6% to 7.8%.<\/p>\n<p>Schneider Electric India\u2019s recognition is a testimony to the broader diversity and inclusion transformation led by the company at the global level. By focusing on inclusion for all, Schneider Electric\u2019s achievements in India are an example of the company\u2019s overall ambition to provide equal opportunities to everyone while creating both physical and psychological safety for all employees.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In recognition of its commitment and progress towards gender equality and inclusion across the Group, Schneider Electric has received two significant accolades, being one of the 230 companies included in the 2019 Bloomberg Gender-Equality Index (GEI). The company \u2013 a global leader in digital transformation of energy management and automation \u2013 received, for the first [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":13905,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[8],"tags":[1055,495],"class_list":["post-13904","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-news","tag-featured","tag-schneider-electric","et-has-post-format-content","et_post_format-et-post-format-standard"],"jetpack_featured_media_url":"https:\/\/ewnews.co.uk\/wp-content\/uploads\/shutterstock_221466169.jpg","_links":{"self":[{"href":"https:\/\/ewnews.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/13904","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ewnews.co.uk\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ewnews.co.uk\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ewnews.co.uk\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ewnews.co.uk\/index.php\/wp-json\/wp\/v2\/comments?post=13904"}],"version-history":[{"count":1,"href":"https:\/\/ewnews.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/13904\/revisions"}],"predecessor-version":[{"id":13906,"href":"https:\/\/ewnews.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/13904\/revisions\/13906"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ewnews.co.uk\/index.php\/wp-json\/wp\/v2\/media\/13905"}],"wp:attachment":[{"href":"https:\/\/ewnews.co.uk\/index.php\/wp-json\/wp\/v2\/media?parent=13904"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ewnews.co.uk\/index.php\/wp-json\/wp\/v2\/categories?post=13904"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ewnews.co.uk\/index.php\/wp-json\/wp\/v2\/tags?post=13904"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}