Schneider Electric has been recognized with the Diversity award in the 2024 Power Technology Excellence Awards for its exceptional efforts in promoting gender diversity and fostering an inclusive workplace. 

The Power Technology Excellence Awards honor the most significant achievements and innovations in the medical devices industry. Powered by GlobalData’s business intelligence, the Awards recognize the people and companies leading change and shaping the future of the industry. 

Schneider Electric won the award for its outstanding efforts in promoting gender diversity and fostering an inclusive workplace. The company has made significant progress in increasing the representation of women in leadership roles and implementing strategic initiatives that create a supportive and equitable environment for all employees. These achievements underscore Schneider Electric’s commitment to diversity, equality, and inclusion within the power industry. 

Promoting gender diversity in leadership 

Schneider Electric has made significant strides in increasing the representation of women in leadership roles, a key factor in its recognition for gender diversity. As of December 2022, women made up 34% of the workforce and 41% of the executive committee, reflecting the company’s strong commitment to gender equality. As of 2023, the company’s US workforce included about 29% women. Women made up 27% of front line managers and 34% of leadership (senior VPs and VP). By doubling opportunities for early-careers and apprenticeships, Schneider Electric is actively developing a new generation of female leaders. These efforts are part of a broader strategy to foster an inclusive culture that values diverse perspectives and drives innovation. 

The company has implemented various programs to support women in leadership, including mentorship initiatives and leadership development workshops. These programs are designed to equip women with the skills and confidence needed to advance in their careers. Schneider Electric also actively participates in industry forums and networks focused on gender diversity, sharing best practices and learning from other leaders in the field. This collaborative approach not only enhances the company’s internal practices but also contributes to broader industry-wide progress in gender equality. 

Creating an inclusive workplace culture 

The company’s dedication to diversity, equality, and inclusion (DEI) is evident through its comprehensive approach to creating an inclusive workplace. Schneider Electric has established Employee Resource Groups (ERGs), Women’s Leadership Cohorts, and other initiatives to build a sense of community and belonging among employees. These programs provide spaces for sharing, exchanging, and fostering connections, ensuring employees feel valued and empowered. 

Schneider Electric’s ERGs are instrumental in promoting a culture of inclusion. These groups focus on various aspects of diversity, including gender, ethnicity, and age, and provide a platform for employees to voice their experiences and suggestions. The Women’s Leadership Cohorts, in particular, focus on empowering women through networking opportunities, skill-building sessions, and access to senior leaders. By fostering an environment where diverse voices are heard and respected, Schneider Electric enhances employee engagement and satisfaction. 

Additionally, Schneider Electric’s inclusive policies and flexibility support employees at different career and life stages. The company offers flexible working arrangements, parental leave, and return-to-work programs to accommodate the diverse needs of its workforce. These initiatives not only improve work-life balance but also contribute to higher retention rates and a more motivated workforce. 

Recognition and impact 

Schneider Electric’s commitment to diversity and inclusion has not gone unnoticed. The company was awarded the ‘Outstanding Contribution to Diversity, Equality and Social Responsibility’ at the DCS Awards 2024, highlighting its efforts to provide equitable opportunities for everyone, everywhere. Furthermore, Schneider Electric received the SEMI Industry Leader in Diversity and Inclusion Award, recognizing its leadership in fostering diverse and inclusive teams across various regions. By prioritizing diversity, Schneider Electric demonstrates that diverse teams are crucial for unlocking creative solutions and achieving sustainable growth. 

Company Profile 

Schneider Electric is an energy management and automation company that develops related technologies and solutions for electricity distribution. Its major products include automation and control products; low voltage products and systems; solar and energy storage; medium voltage distribution and grid automation; and critical power, cooling, and racks. 

The company also offers energy and sustainability services, field and automation, cloud, consulting and training services. The company serves various industries, including banking and finance, food and beverage, healthcare, life sciences, marine, metals, minerals and cement, mining, oil and gas, retail, and automotive and mobility, among others. Schneider Electric is headquartered in Rueil-Malmaison, France. 

Links

Website: https://www.se.com/ww/en/