Schneider Electric

InfluenceMap Score
B-
Performance Band
75%
Organisation Score
66%
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 2021 Universal Registration Document, published in April 2022, the company supported commitments to limit warming to 1.5°C. In the same document, Schneider Electric stated support for a policy framework to move towards a “new energy landscape.” Furthermore, an open letter signed by Schneider Electric’s CEO in May 2022, supported the EU Green Deal and Climate Law. In December 2022, the company called for greater ambition in the UNFCCC process to limit global warming to 1.5°C, criticizing the lack of ambition at COP27.

Engagement with Climate-Related Regulations: Schneider Electric generally appears to be strongly supportive of climate regulations. On its corporate website in June 2021, the company supported a 55% emissions reductions target by 2030 in the EU. Additionally, the company signed an open letter to the US President in April 2021, calling for an ambitious 2030 GHG reductions target in the US.

Schneider Electric was strongly supportive of the EU Energy Efficiency Directive review in a November 2021 feedback to the EU Commission, and advocated for a strong Energy Performance of Buildings Directive with ambitious Minimum Energy Performance Standards (MEPS) and a phase out of fossil fuel boilers on multiple occasions, including in an October 2022 report. The company also supported the revision of the EU Renewable Energy Directive (RED III) and mandatory sub-targets for renewable energy for industry in a May 2022 White Paper. In a January 2022 open letter, the company advocated for Congressional leadership in the United States, to pass the clean energy tax credits in the Build Back Better Act.

Schneider Electric seems to support the revision of the EU Emission Trading System (ETS), as stated in a May 2022 Open Letter, and for the EU ETS to implement a strong carbon price across the whole economy in the EU. In February 2021 in response to an 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. In February 2021, 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.

Positioning on Energy Transition: Schneider Electric generally supports the transition of the energy mix. In a December 2022 Joint Statement, CEO Jean-Pascal Tricoire advocated for an urgent decarbonization of the energy supply, fossil-free electrification, reducing gas demand, and phasing out fossil fuel imports. However, in an article in the same month, he emphasized the importance of fossil fuels in the energy mix in the “mid-term”. 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 in response to an EU consultation in March 2021. In addition, Schneider Electric seems to support the climate investments in the Inflation Reduction Act in the United States, as stated in a public consultation response in January 2023.

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
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Strength of Relationship
STRONG
 
 
 
 
 
 
 
WEAK
 
31%
 
31%
 
83%
 
83%
 
67%
 
67%
 
45%
 
45%
 
87%
 
87%
 
74%
 
74%
 
73%
 
73%
 
42%
 
42%
 
95%
 
95%
 
90%
 
90%
 
78%
 
78%
 
60%
 
60%
 
59%
 
59%
 
86%
 
86%
 
16%
 
16%
 
86%
 
86%
 
49%
 
49%
 
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.