Schneider Electric

InfluenceMap Score
B-
Performance Band
75%
Organisation Score
67%
Relationship Score
Sector:
Industrials
Head​quarters:
Paris, France
Brands and Associated Companies:
Square D, Telemecanique, Schneider Electric Industries, American Power Conversion (APC)
Official Web Site:

Climate Lobbying Overview: Schneider Electric appears to be mostly lobbying positively on climate change policy and is highly engaged with legislation, particularly in the EU. The company is strongly supportive of the energy transition and energy efficiency legislation, particularly relating to the buildings sector. However, it appears to retain memberships of several industry associations which are negatively lobbying on climate policy in the EU and the US.

Top-line Messaging on Climate Policy: Schneider Electric’s messaging on top-line climate ambition is positive. In its 2020 Universal Registration Document, the company supported various government climate neutrality commitments to limit warming to 1.5°C and stressed the urgency of immediate emissions reductions. In the same document, Schneider Electric stated support for a policy framework to move towards a “new energy landscape.” In feedback on an EU consultation in 2020, Schneider Electric advocated for a carbon pricing policy for buildings. The CEO Jean-Pascal Tricoire strongly supported the EU’s Fit for 55 package in a blog in 2021.

Engagement with Climate-Related Regulations: Schneider Electric generally appears to be strongly supportive of climate regulations. The company advocated for the EU to increase its 2030 GHG target to 55% emissions reductions in response to a consultation in June 2020. It also supported increasing the EU’s 2030 Energy Efficiency Target to 40% and the 2030 Renewable Energy Target to 38-40% in response to consultations in 2021. Schneider Electric was strongly supportive of the EU’s energy efficiency legislation for buildings in response to an EU consultation in 2020, the Renovation Wave and the Energy Performance of Buildings Directive, in order to achieve a net-zero buildings sector by 2050. The company also was in favor of mandates for renewable energy in heating, cooling, buildings and transportation in response to an EU consultation in 2021. In July 2020, Schneider Electric signed a letter to the Director of the Bureau of Ocean Energy Management advocating for policies to encourage offshore wind in New England.

In order to decarbonize the buildings sector, Schneider Electric supported a carbon tax over an emissions trading scheme in response to an EU consultation in June 2020. However, in February 2021 in response to another EU consultation, the company advocated for a separate carbon pricing instrument for buildings with a price floor and a price cap, and a high carbon price. Schneider Electric supported the continuation of the Effort Sharing Regulation alongside a carbon pricing policy for buildings, and advocated for an increased target of 47% by 2030. The CEO Jean-Pascal Tricoire stated broad support for EU Emissions Trading System reforms in the Fit for 55 package in July 2021, but in a March 2020 consultation response the company supported free allocation for industry on the condition that it simultaneously invests in decarbonization measures. Schneider Electric signed a joint letter supporting a Carbon Border Adjustment Mechanism in the EU in June 2020 but did not place clear conditions on the removal of existing carbon leakage protection measures in the EU ETS.

Positioning on Energy Transition: Schneider Electric strongly supports the transition of the energy mix. The CEO Jean-Pascal Tricoire supported the transition to renewable energies and the decarbonization and electrification of buildings in an article in 2020, and in March 2021 he advocated for a phase out date for fossil fuels in the EU. In response to an EU consultation in 2020 the company strongly supported revising the Energy Taxation Directive to remove exemptions for fossil fuels and a phase out of fossil fuel subsidies by 2030. In a joint letter to Vice President Timmermans of the European Commission in January 2021, Schneider Electric supported renewable hydrogen production and warned of the risks of relying on the fuel to decarbonize buildings, advocating for hydrogen to be used only for hard-to-decarbonize sectors. The company strongly supported the Alternative Fuels Infrastructure Directive and the Energy Systems Integration Strategy in response to an EU consultation in February 2020.

Industry Association Governance: Schneider Electric disclosed a list of industry associations of which it is a member, but with no further details of the company's role within each organization's governing bodies nor influence over their climate change policy positions. This list appears to omit influential roles in several associations which are negatively lobbying on climate policy including board-level membership of the National Association of Manufacturers and a position in the Corporate Advisory and Support Group of BusinessEurope. Schneider Electric does not appear to have published a review of its alignment with its industry associations.

QUERIES
DATA SOURCES
22NANS22NS
22NS222NS
11NS122NS
12NSNSNS2NS
0NA-1NANANANS
11NS1NS0NS
12NS1NS1NS
122212NS
02NS2NS1NS
11NS211NS
12NS2NS2NS
-1NA-1NANANANS
NSNSNSNSNS1NS
Strength of Relationship
STRONG
 
 
 
 
 
 
 
WEAK
 
83%
 
83%
 
60%
 
60%
 
95%
 
95%
 
29%
 
29%
 
74%
 
74%
 
45%
 
45%
 
87%
 
87%
 
42%
 
42%
 
71%
 
71%
 
91%
 
91%
 
75%
 
75%
 
57%
 
57%
 
12%
 
12%
 
85%
 
85%
 
87%
 
87%
 
67%
 
67%
 
87%
 
87%

How to Read our Relationship Score Map

In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party. In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.