Schneider Electric joins the HeForShe IMPACT 10x10x10 program

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Jun 19, 2015, 08:00 ET

RUEIL-MALMAISON, France, June 19, 2015 /PRNewswire/ -- UN Women has selected Schneider Electric to join the HeForShe IMPACT 10x10x10 pilot group. This selection comes following the 2015 Leadership Award won by Schneider Electric for its action in favor of gender equality, as part of the Women's Empowerment Principles (WEP) from UN Women and the Global Compact.

HeForShe (www.heforshe.org) is a solidarity movement by UN Women in favor of gender equality. HeForShe's mission is to encourage men to support change in favor of diversity and women's rights. The overall objective of HeForShe is to mobilize "a billion men by July 2015" to help communities around the world to design sustainable change programs in favor of gender equality.

HeForShe was launched on September 20, 2014, with an initial campaign targeting individuals. UN Women accelerates the movement with a new initiative: IMPACT 10x10x10. This project aims to involve 10 governments, 10 companies and 10 universities throughout the world in the movement, so as to create an initial pilot group. Government officials, civil society organizations, along with universities and schools make real commitments to defend, measure and promote gender equality. IMPACT 10x10x10 also provides a basis to encourage new public and private organizations to become part of the HeForShe project.

The companies already members of the IMPACT 10x10x10 pilot group are: Accor Hotels, the Koc Group, PricewaterhouseCoopers, Tupperware Brands, and Unilever. Schneider Electric is now a part of this group.

"Our ambition is to become one of the most diverse companies. At Schneider Electric, we value differences and offer equal opportunities to everyone, everywhere. Identifying, developing and attracting female talents is a business imperative and is high in our agenda for the coming years. We strongly believe we will make significant progress only if our male employees commit to becoming spokespersons of this transformation by advocating gender equality. Joining and promoting the HeForShe IMPACT 10x10x10 program is a great opportunity to accelerate our program and contribute to society," said Olivier Blum, Chief Human Resources Officer.

As a member of the HeForShe IMPACT 10x10x10, Schneider Electric's commitments by the end of 2017 are:

Increase the representation of women across the pipeline — 40% at entry of new managers and technicians (vs. 29% currently), and 35% increase in representation in key positions;
Implement a salary equity process worldwide, covering 85% of the Group's workforce;
Involve Group leaders worldwide and create a governance body dedicated to this program.

About Schneider Electric

As a global specialist in energy management and automation with operations in more than 100 countries, Schneider Electric offers integrated solutions across multiple market segments, including leadership positions in Non-residential & Residential Buildings, Industries & Machines Manufacturers, Utilities & Infrastructure and Data Centers & Networks. Focused on making energy safe, reliable, efficient, productive and green, the company's 170,000 employees achieved revenues of 30 billion US dollars in 2014, through an active commitment to help individuals and organizations make the most of their energy.

www.schneider-electric.com/us

About UN Women
UN Women is the UN entity dedicated to gender equality and the empowerment of women. A global champion for women and girls, UN Women was established to accelerate progress on meeting their needs worldwide. For more information, visit www.unwomen.org. UN Women, 220 East 42nd Street, New York, NY 10017, New York. Tel: +1 646 781-4400. Fax: +1 646 781-4496.

About HeForShe
HeForShe is a global solidarity movement that calls upon men and boys to take action and advocate for gender equality. The campaign strengthens the support for women's rights as human rights, by enlisting men as advocates for gender equality. For more information, visit http://www.heforshe.org/

SOURCE Schneider Electric