Schneider Electric

‘The Group has engaged with Risilience, a specialist in climate scenario analysis and resilience planning, to conduct a forward-looking climate risk and vulnerability assessment.

This comprehensive analysis aims to identify and evaluate the materiality of physical and transition climate risks that may impact the Group’s operations, sites, and extended value chain, both upstream and downstream, as well as the broader economic activities.’ p126

‘Through this rigorous climate-related scenario analysis, Schneider Electric demonstrates its commitment to proactive climate risk management and to aligning its strategic planning with the goal of mitigating climate change and advancing sustainability.​

​‘The Group’s approach ensures that it is well-positioned to navigate the complexities of a transitioning economy and to capitalize on the opportunities that arise from the global shift towards a low-carbon future.’ p129

‘Schneider Electric has a comprehensive process for identifying and managing climate-related transition risks and opportunities, both in its own operations and along its value chain.​

‘This process is informed by scenario analysis and is integrated into the Company’s ERM framework.’ p131

‘Climate-related scenario analysis is also used by the corporate Finance team to conduct a sensitivity analysis on the annual impairment test of all the Groups of CGUs’ assets, assessing the potential impact of climate physical and transition risk on the Group’s future cash flows.’ p129