Legrand

RATING

SECTOR

Electrical Equipment

WEBSITE

CONTACT

R74J+V3 Limoges-Cité

France

T: +33 5 55 06 87 87

STOCK EXCHANGE

LISTING

    • FTSE4Good (London Stock Exchange)
    • ESI Excellence Europe
    • The ECPI EMU Ethical Equity index
    • The Euronext Vigeo indexes: Europe 120, Eurozone 120 and World 120
    • The STOXX Global ESG Leaders and the EURO STOXX ESG Leaders 50 indexes
    • The MSCI Global Sustainability index
    • Corporate Knights 2018 Global 100 rating: Legrand is listed for the fourth consecutive year

EMPLOYEES

37,356

CHIEF SUSTAINABILITY OFFICER

Susan

Rochford

AWARDS

  • 2016 Golden Peacock Global Award for Sustainability
  • The Legrand Group’s Compliance programme recognised by “Les Echos Business”
  • Legrand India obtains GreenTech Environment Award 2017
  • BTicino Italy recognised by the “Health Promoting Workplace” label in 2015 for rolling out of the “APS-WHP, Aziende che Promuovono la Salute” occupational health and well-being programme at the Varese and Tradate sites.
  • In 2015, Legrand Hungary received the “Business Leaders for the Environment” first prize awarded by the Hungarian Business Leaders Forum (HBLF) as well as the “2015 Business Ethics Award”.
  • Minkels receives the 2015 European Frost & Sullivan prize for the innovative nature of its new product, the Free Standing Cold Corridor
  • Bticino Mexico, ranked in “super companies expansion 2015” – the places where everyone wants to work
  • “Red Dot Product Design Award 2014” in the “Life Science and Medicine” category for the “Testaletto Slim” project.*
  • Recognition of women’s employment in Turkey 2014 (ranked among the top 15 companies in the Kocaeli region in terms of employing women)
  • Legrand Hungary received the 2014 award for being the best company in Hungary for employing women in the “large company” category.

CONTENT SOURCE

FURTHER READING

Legrand

SECTIONS :  Sustainability    Evaluation  •  Progress  •  Watch  •  Overview

Company Activity

According to the company: “Legrand offers a comprehensive, high-performance portfolio of over 300,000 product references dedicated to electrical and digital infrastructures in buildings—including controls and command products and systems, energy and data flow distribution, cable management and installation components. These products and solutions meet needs in the commercial market (55% of Legrand Group’s 2018 sales), the residential market (40%) and the industrial market (5%). Legrand’s beginnings were essentially European, today the Group is present globally. Operating on international markets, Legrand is established in close to 90 countries, and its products are distributed on every continent, in nearly 180 countries. In addition, Legrand holds leading positions in countries such as France, Italy and the United States—Legrand’s No. 1 market since 2015. In 2018, around 69% of Group sales came from products that rank first or second in their markets.”

Company Sustainable Activity

According to the company: “Sustainable development implies the fulfilment of several conditions: preserving the overall balance, respect for the environment, and preventing the exhaustion of natural resources. Reduced production of waste and the rationalisation of production and energy consumption must also be implemented. Sustainable development is presented as a more or less clean break from other modes of development, which have led and are still leading to worrying social and ecological damage on both a worldwide and a local scale. In order to be sustainable, development must combine three main elements: fairness, protection of the environment, and economic efficiency. A sustainable development project must be based on a better-developed mode of consultation between the community and the members it comprises. The success of such a policy also depends on consumers accepting certain constraints and citizens observing certain requirements with regard to transparency and participation.”

Certificates

  • 91% of industrials were ISO 14001 certified by the end of 2019.

Sustainable Development Goals

How company covers SDGs

BUSINESS ECOSYSTEM (SDG 12)

Key figures 

    • More than 7.2 million Counterfeit Legrand Products have been seized since 2006
    • More than 60% of the group panel’s purchase are from suppliers who share the principles of the global compact 
    • More than 7.000 Legrand employees have been trained in Business ethics since 2013

Providing sustainable solutions 

As a responsible player, Legrand is intent on protecting the health and safety of electrical equipment users. That is why it takes great care to market quality products, and actively combats counterfeiting. It is also committed to data security.

Sustainable solutions are also innovative solutions. Innovation is a growth driver for the Group and is stimulated through partnerships in particular, whether technological or commercial.

Goals for 2021 

  • 100 % of turnover covered by a product risk quality policy 
  • 30 new innovation partnerships 

Ensuring sustainable procurement 

Legrand’s responsible purchasing approach is one of the structuring elements of its social responsibility. To ensure sustainable development of its activities, the Group expects its suppliers and subcontractors to meet the same standards of social and environmental responsibility that it imposes on itself. Legrand commits with them and supports them with a progress-oriented approach.

Goals for 2021

    • Train 1,000 employees in the purchasing and decision-making process 
    • Implement a “life cycle cost” approach on 100% of the purchases concerned 
    • Improve the situation for 100% of suppliers identified as at-risk in CSR terms 

Acting Ethically 

Practicing business ethics first of all requires an awareness of the issue. It is therefore essential to provide employee training. This is why Legrand implements actions to ensure that employees liable to encounter risky situations will be thoroughly familiar with the rules of business ethics, thereby reducing the probability of violation of fair competition law, anti-corruption law, anti-money laundering or export control regulations. Legrand also intends to tighten its monitoring of the application of the Compliance program, formalised in 2012, and encompassing all the areas that constitute Legrand’s business ethics.

Goals for 2021 

    • 3,000 staff trained in business ethics each year 
    • 100% of Groups sales covered by the compliance program monitoring scheme 

PEOPLE (SDG 5) 

Key Figures 

  • 20 Nationalities represented at Legrand Headquarters 
  • 16,6% of key positions occupied by women at the end of 2019
  • 100% of staff members in high-risk countries evaluated at the end of 2019
  • More than 2.5 millions people benefiting directly or indirectly from access to energy thanks to the partnership with electriciens  sans frontières launched in 2007

Respecting human rights and communities 

Legrand also considers that its responsibility is to contribute to the life of the territories in which it operates, not only through its business activity, but also wherever needs are expressed and wherever the Group is legitimate.

Whatever the local context, Legrand undertakes to observe the rules and voluntary standards of responsible behaviour with regard to Human Rights.

Goals for 2021 

    • 100% of Legrand facilities respect human rights 
    • A sponsorship strategy deployed in local communities in 75% of countries where the Group is present

Promoting Health, Safety and Well-being at work 

The health and safety of each employee are priority goals of Legrand’s social policy. This commitment covers the control of occupational risks, monitoring the effectiveness of preventive measures, and implementation of a continuous improvement approach. The Group is also committed to its employees and concerned for their satisfaction and well-being at work    

Goals for 2021 

    • Reduce the accident frequency rate (with and without time off work) by 20%
    • Implement Legrand Way health and safety rules for 90% of the workforce 
    • 70% engagement rate among employees 
    • Deploy the Serenity on program in 95% of countries where the group is present 

Developing skills 

In a context of digitalisation and necessary adaptation of staff to new skills, human resources take the challenges and priorities related to Legrand’s activity into account. The Group is working to attract and retain talented staff in order to meet its future needs. Skills management is carried out with due regard for the well-being at work and the satisfaction of the Group’s employees.

Goals for 2021 

      • At least 85% of employees trained each year 
      • An individual performance review for more than 90% of managers 

Promoting equality of opportunity and diversity 

Legrand sees diversity within a company, i.e. the variety of human profiles, as a factor stimulating innovation, performance and quality of life at work. Diversity in the workplace is therefore encouraged by each Legrand entity, in accordance with its own specificities. The Human Resources Department is also committed to diversifying the profiles of the talents that accompany the Group’s growth.

Goals for 2021

    • 20% more women in management jobs 

ENVIRONMENT (SDG 13) 

Key figures 

  • 91% of industrials were ISO 14001 certified by the end of 2019
  • 90%of waste recovered in 2019
  • 62% of sales generated by products covered by a PEP (Product Environmental Profile)
  • 7 millions tons of CO2 emissions avoided thanks to the marketing of Legrand Energy- Efficient solutions since 2014 

Limiting Greenhouse gas emissions  

Legrand has a long-standing commitment to limiting the environmental impact of its activities. The Group’s responsibility is to limit the carbon footprint of its activities.

Legrand’s responsibility is also to contribute to reducing the energy footprint of buildings thanks to its Energy Efficiency offer.

Goals for 2021

    • 7% reduction in CO2 emissions related to the Group’s energy consumption (at constant scope) 
    • 2.9 million of tons CO2 avoided during the year 2021 thanks to Group’s energy-efficient solutions 

Combating pollution 

Legrand’s responsibility is also to fight against pollution, in particular with regard to water management and emissions of Volatile Organic Compounds (VOC).

Goals for 2021 

    • 10% reduction in VOC emissions 

Innovating for a circular economy 

To reduce the environmental impact of its products, Legrand incorporates the circular economy principles into the development of its new products. This eco-design initiative concerns all the stages of the product life cycle.Reducing the environmental impact of buildings also involves design choices. Informing users about the environmental impact of the products they use is therefore a top priority. Developed in France on Legrand’s initiative, the PEP ecopassport has become the reference tool for measuring the environmental impact of building equipment. In addition, Legrand works towards limiting its production of industrial waste, and towards reducing its negative external consequences by fostering recovery schemes.

Goals for 2021

    • Application of the circular economy principles to all R&D centres 
    • ⅔ of turnover covered by certified environmental declarations 
    • 90% of waste recovered 

Progress

Actively involved in environmental protection, Legrand is now an official member of the SGBC (Singapore Green Building Council). The mission of the SGBC will be to propel Singapore’s building and construction industry towards environmental sustainability: promoting green building integrating this measure into mainstream design, construction and operation of buildings building capability and professionalism.

Legrand is a company that has standardised approach towards product safety and have been actively involved in their alignment with UN SDGs. They have many recognitions and have won many awards, over the course of year for its performance and is considered as best in its industry. They are truly a benchmark company, therefore they are rated as a B.  The company are under review regarding the investigation by monopolies authorities over price-fixing and corruption.

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