Climate Change Data

Legrand

Climate Impact & Sustainability Data (2015, 2018, 2019, 2019-2021, 2020, 2022, 2023)

Reporting Period: 2015

Environmental Metrics

ESG Focus Areas

  • User
  • Society
  • Employees
  • Environment

Environmental Achievements

  • Average energy intensity dropped by more than 7% between 2013 and 2015
  • 92% of industrial and logistics sites consolidated within the Group for more than five years were ISO 14001-certified
  • 87% of waste was recovered
  • 84% of the Group’s sales are compliant with the requirements of the RoHS regulations
  • Marketing of energy-efficient solutions resulted in the avoidance of 578,000 tons of CO2 emissions in 2 years

Social Achievements

  • Nearly 700 more people were provided training on business ethics
  • Deployment of the compliance program continued in more than 50 countries
  • 230 suppliers exposed to CSR risks have been detected, 73 action plans have been started in 8 countries covering 32% of exposed suppliers
  • Joint action with Électriciens Sans Frontières led to 310,000 people benefiting directly or indirectly from access to power
  • The Legrand Foundation has supported 16 projects since its creation
  • 87% of the Group’s workforce deemed to be exposed to potential Human Rights violations was assessed
  • Workplace accident frequency rate dropped by approximately 18%
  • 82% of employees attended one or more training courses
  • 88% of managers had an individual assessment interview

Governance Achievements

  • Variable compensation of the Chairman and CEO and of most of the members of the Executive Committee is index-linked – about 10% - to overall CSR performance
  • From 2016, the Board of Directors also plans to index to overall CSR performance a third of the performance criteria attached to the performance shares allocated over three years to the Chairman and CEO, to members of the Executive Committee and to key managers
  • The entire approach is reviewed annually on a voluntary basis by one of the two Statutory Auditors

Climate Goals & Targets

Short-term Goals:
  • Achieve double-digit average total annual growth in sales for connected products by 2020

Environmental Challenges

  • Varied market conditions from one geographical region to another
  • Unfavorable economic conditions in some countries (Russia, China, Brazil)
  • Counterfeit products
Mitigation Strategies
  • Risk management framework with risk committee and operational risk committees
  • Productivity and optimal use of capital employed initiatives
  • Consistently creating value despite varied market conditions
  • 795,000 counterfeit products were confiscated and destroyed

Supply Chain Management

Responsible Procurement
  • Ethical principles in business practices and purchasing policy

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: ISO 26000

Certifications: ISO 14001

Sustainable Products & Innovation

  • Eliot connected products

Reporting Period: 2018

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Business Ecosystem
  • People
  • Environment

Environmental Achievements

  • -26.4% reduction in energy intensity
  • 91% of waste recovered
  • 4.5 million metric tons of CO2 emissions avoided through our energy efficiency products

Social Achievements

  • 32% increase in the number of women in key positions
  • Accident frequency rate with work stoppage halved (4.22)
  • Launched a global employee welfare program called Serenity On

Governance Achievements

  • Legrand ranked in the top quartile of CAC 40 companies in terms of governance practices
  • Executive compensation linked to CSR performance
  • 78% independent directors on the Board, 56% gender balance

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Derive 80% of the Group’s sales from sustainable products by 2030
  • Ensure that at least one third of the Group’s key roles are occupied by women by 2030
  • Reach gender parity in the workforce by 2030
  • Achieve a 30% reduction in CO2 emissions directly related to the Group’s activities by 2030
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Technological disruption and digital transformation
  • Personal data protection
  • Failure in launching a major project
  • Acquisitions (detecting targets, acquiring, integrating)
  • Changes in product standards and regulations
  • Ability to adjust prices
  • Product quality and safety
  • Brand and reputational damage
  • Attracting and retaining talent
  • Adapting skills to requirements
  • Engaging staff
  • Intellectual property, patent protection, infringement of third-party rights, counterfeiting
  • Raw materials and component shortages
  • Failure of a strategic supplier
  • Unavailability of a production, storage or logistics site
  • Poor practice among suppliers
  • Environmental impact
  • Employment practices
  • Business ethics
  • Tax risks
  • Financing and liquidity risk
  • Counterparty risk
  • Value of brands and goodwill
  • Risks related to climate change
  • Failure to achieve the expected financial performance
  • Reliability of accounts and internal control
  • Foreign currency risk
  • Customer credit risk
  • Country risk
Mitigation Strategies
  • Risk management approach involving risk committee, operational risk committees, Audit Committee, risk manager, and local internal controllers
  • Ongoing risk mapping exercise for which all Group managers are responsible
  • Compliance program rolled out across more than 50 countries
  • Support given to 100% of higher-risk suppliers and more than 200 action plans initiated in around 20 countries

Supply Chain Management

Supplier Audits: 100% of at-risk suppliers supported; common methodology to assess and help suppliers exposed to CSR risks

Responsible Procurement
  • Sustainable purchasing; awareness and training about responsible purchasing

Climate-Related Risks & Opportunities

Physical Risks
  • Natural catastrophes
Transition Risks
  • Changes in product standards and regulations
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: GRI, ISO 26000, UN Global Compact, UN Sustainable Development Goals

Certifications: ISO 9001, ISO 14001, ISO 50001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

2019-2021 CSR roadmap is consistent with the UN’s Sustainable Development Goals (SDGs)

Sustainable Products & Innovation

  • Connected products (Eliot)
  • Energy efficiency products

Awards & Recognition

  • CSR Trophy in the “Grand Prix de l’AG” shareholder meeting awards
  • Ranked ninth in the CAC 40 positivity survey

Reporting Period: 2019

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Climate change
  • Diversity and Inclusion
  • Health and safety
  • Sustainable purchasing
  • Ethical conduct

Environmental Achievements

  • 90% of waste recovered
  • 6% reduction in direct CO2 emissions between 2018 and 2019
  • 7 million metric tons of CO2 emissions avoided through our energy efficiency solutions since 2014
  • 62% of sales covered by PEP (Product Environmental Profile)

Social Achievements

  • Publication of the “Diversity and Inclusion policy”
  • Ratification of the “Women Empowerment Principles”
  • Launch of the “Learning with Legrand” platform
  • Launch of the “Serenity On” global social protection program
  • 16% reduction in the frequency of workplace accidents between 2018 and 2019
  • 83% of employees covered by the Serenity On program
  • 85% of employees received at least 4 hours’ training during the year
  • Steady increase in the number of women holding key positions

Governance Achievements

  • Integration of CSR performance criteria in compensation packages
  • Legrand is the sixth CAC 40 group to have its climate strategy validated by the Science Based Target initiative
  • Consistent ranking among the top quartile of CAC 40 companies in terms of governance practices

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Derive 80% of the Group’s sales from sustainable products.
  • Ensure that women hold at least one-third of the Group’s key roles.
  • Reach gender parity in the workforce.
  • Achieve a 30% reduction in CO2 emissions directly related to the Group’s activities
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Technological disruption and digital transformation
  • Personal data protection
  • Failure in launching a major project
  • Detecting acquisition targets, acquiring them and integrating them within Legrand
  • Changes in product standards and regulations
  • Ability to adjust prices
  • Product quality and safety
  • Brand and reputational damage
  • Attracting and retaining talent
  • Adapting skills to requirements
  • Employees engagement
  • Intellectual property, patent protection, infringement of third-party rights, counterfeiting
  • Raw materials and component shortages
  • Failure of a strategic supplier
  • Unavailability of a production, storage or logistics site
  • Poor practice among suppliers
  • Environmental impact
  • Employment practices
  • Business ethics
  • Tax
  • Financing and liquidity risk
  • Counterparty risk
  • Value of brands and goodwill
  • Risks related to climate change
  • Failure to achieve the expected financial performance
  • Reliability of accounts and internal control
  • Foreign currency risk
  • Customer credit risk
  • Country risk
Mitigation Strategies
  • Risk management is an ongoing task for which all Group managers are responsible.
  • A dedicated governance framework is in place consisting of: a risk manager, a risk committee, operational risk committees, and the Audit Committee.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • 60% of purchases from suppliers that have embraced Global Compact principles
  • Systematic follow-up and improvement plans for CSR risky suppliers

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: GRI, ISO 26000

Certifications: ISO 9001, ISO 14001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • SDG 7
  • SDG 9
  • SDG 12
  • SDG 13

Products and solutions contribute to affordable and clean energy, industry, innovation and infrastructure, responsible consumption and production, and climate action.

Sustainable Products & Innovation

  • Connected products (Eliot program)

Awards & Recognition

  • Not disclosed

Reporting Period: 2019-2021

Environmental Metrics

Total Carbon Emissions:177,000 tCO2eq (2019)
Scope 3 Emissions:2,710 ktCO2eq (2019)

ESG Focus Areas

  • Climate Change
  • Diversity & Inclusion
  • Governance

Environmental Achievements

  • Reduced Scope 1 & 2 GHG emissions (outperforming targets in 2019 and 2020)
  • 91.2% of eligible sites obtained ISO 14001 certification

Social Achievements

  • Launched Legrand Rainbow network to promote LGBT+ inclusiveness
  • 25% of Executive Committee long-term incentives linked to extra-financial performance
  • 1/3 of Senior management & key positions' long-term incentive plan linked to overall ESG performance
  • 20% of annual variable compensation for Country General Managers and Functional directors based on extra-financial performance

Governance Achievements

  • Appointed an independent Chairwoman of the Board of Directors
  • Shortened directors’ terms from four to three years
  • Board is 75% independent, 42% women, and represents 5 nationalities

Climate Goals & Targets

Long-term Goals:
  • Reduce Scope 1 & 2 GHG emissions by 75% by 2050 (from 2016 baseline)
  • Achieve carbon neutrality by 2050
Medium-term Goals:
  • Reduce absolute Scope 1 & 2 GHG emissions by 50% by 2030 (from 2019 baseline)
  • Reduce absolute Scope 3 GHG emissions by 15% by 2030 (from 2019 baseline)
  • Generate a larger proportion of revenues from sustainable activities by 2030
  • Give women a more prominent role in the Group by 2030
  • Continue to reduce the Group’s energy footprint by 2030
Short-term Goals:
  • Buy 80% green electricity by 2025

Environmental Challenges

  • Reducing Scope 3 GHG emissions (95% of total carbon footprint in 2019)
Mitigation Strategies
  • Ambitious plan to reduce carbon emissions through improved operational energy efficiency, renewable energy use, fleet electrification, and eco-design

Supply Chain Management

Responsible Procurement
  • Encourage Legrand’s top 200 key suppliers to reduce their CO2 emissions by at least 30% by 2030

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SASB Materiality Map® for Electrical & Electronic Equipment, UN Sustainable Development Goals, GHG Protocol

Certifications: ISO 14001

Sustainable Products & Innovation

  • Energy efficient solutions

Awards & Recognition

  • Proxinvest’s “Innovation ESG 2020” Grand Prix du Jury
  • GEEI S-Diversity label

Reporting Period: 2020

Environmental Metrics

ESG Focus Areas

  • Climate Change
  • Diversity & Inclusion
  • Governance
  • Health and Safety
  • Sustainable Purchasing
  • Circular Economy
  • Human Rights
  • Community Investment

Environmental Achievements

  • Reduced CO2 emissions by -17% at comparable structure relative to 2019
  • Avoided 2.9 million metric tons of CO2 emissions in 2020 through energy efficiency solutions
  • 90% of waste recovered
  • 67% of sales covered by PEP (Product Environmental Profiles)

Social Achievements

  • Launched employee well-being program, Serenity On, covering 93% of employees
  • Delivered business ethics training to more than 13,000 staff members
  • Increased ratio of female managers by +10% since 2018
  • Reduced accident frequency rate by -30% since 2018
  • 80% of countries implemented a charitable giving policy

Governance Achievements

  • Consistently ranked among the top quartile of CAC 40 companies in terms of governance best practices
  • 73% of board members are independent
  • 45.5% of board members are women
  • At least 10% of the annual variable compensation of senior management and 25% of their long-term incentives are linked to extra-financial performance

Climate Goals & Targets

Long-term Goals:
  • Carbon-neutral across all scopes (1, 2 and 3) by 2050
Medium-term Goals:
  • Generate 80% of the Group’s sales from sustainable products by 2030
  • Ensure that women hold at least one-third of the Group’s key roles and achieve a gender-balanced workforce by 2030
  • Elimination of residual emissions thanks to bold carbon offset projects (scopes 1, 2 and part of scope 3) by 2030
Short-term Goals:
  • Reduce CO2 emissions by -7% in 2021 (2018 base, at comparable structure)
  • Reduce accident frequency rate by 20% in 2021
  • Increase ratio of management positions held by women by 20% in 2021
  • 90% of employees to be covered by the Legrand Way “Health and safety rules” in 2021
  • 100% of suppliers identified as being at-risk to make improvements in 2021

Environmental Challenges

  • Unfavorable economic conditions due to the pandemic
  • Cybersecurity risks
  • Attracting and retaining talent
  • Adapting skills to requirements
  • Risks related to climate change (physical and transition risk)
  • Impact on the environment, climate and biodiversity
Mitigation Strategies
  • Implemented strictest health measures
  • Maintained service for essential customers
  • Solidarity initiatives for communities
  • Balanced appeal to stakeholders (reducing executive compensation, maintaining dividend)
  • Accelerated digitalization
  • Continued investment in R&D
  • Acquisition strategy
  • Cost base and organization streamlining
  • Accelerated CSR initiatives

Supply Chain Management

Responsible Procurement
  • Responsible Supplier Relationship accreditation
  • 78% of suppliers classified as at-risk from a CSR perspective have improved

Climate-Related Risks & Opportunities

Physical Risks
  • Natural catastrophes
Transition Risks
  • Regulatory changes
  • Market trends
Opportunities
  • Energy efficiency solutions

Reporting Standards

Frameworks Used: GRI, UN Global Compact

Certifications: ISO 9001, ISO 14001

UN Sustainable Development Goals

  • Goal 7 (Affordable and clean energy)
  • Goal 13 (Climate action)

The CSR program covers the environmental, ethical and societal aspects of our operations and growth plans around the world. Our strategy covers the 10 Global Compact principles and contributes to some of the 17 United Nations Sustainable Development Goals for 2030.

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:118,072 tCO2e (Scope 1&2)
Renewable Energy Share:55%
Total Energy Consumption:190 GWh

ESG Focus Areas

  • Climate Change
  • Diversity & Inclusion
  • Governance
  • Employee Well-being
  • Supply Chain Sustainability
  • Circular Economy

Environmental Achievements

  • -15% reduction in Scope 1&2 CO2e emissions
  • 55% renewable energy used by the Group
  • 4.5 GWh renewable energy produced at sites
  • 4.2 million tons of CO2 avoided by customers through energy-efficient solutions

Social Achievements

  • Increased percentage of women in management positions to 28.5%
  • 96% of employees received at least 5 hours of training
  • 54% reduction in workplace accident frequency (FR2) from 2018 to 2022
  • 77% of employees covered by the extended “Serenity On” program
  • 80% employee engagement score (2021 survey)

Governance Achievements

  • Separation of Chair of the Board and CEO roles (2018)
  • Independent third-party audit of annual non-financial report since 2015
  • Executive compensation linked to ESG performance (20% of country director bonus linked to CSR Roadmap)

Climate Goals & Targets

Long-term Goals:
  • Net-zero emissions (aligned with 1.5°C pathway)
Medium-term Goals:
  • Annual average sales growth between +5% and +10%
  • Average adjusted operating margin of approximately 20%
  • 50% of sales from faster-expanding segments (datacenters, connected products, energy efficiency)
  • 80% of sales from eco-responsible solutions by 2030
  • 50% reduction in Scope 1&2 emissions and 15% reduction in Scope 3 emissions by 2030
  • Gender parity and at least one-third of top management roles held by women by 2030
Short-term Goals:
  • Reduce energy consumption by -15% by 2023
  • Achieve 30% of management positions filled by women by 2024
  • Achieve 80% of workforce working at an entity holding the “Diversity & Inclusion” label by 2024

Environmental Challenges

  • Supply chain disruptions
  • Climate change
  • Geopolitical instability
  • Cybercrime
  • Inflation
  • Raw material volatility and availability
  • Regulatory changes
Mitigation Strategies
  • Active supply chain management
  • Risk management strategy
  • Commitment to reduce energy consumption by -15% by 2023
  • Targeted acquisitions
  • Industry 4.0 rollout at 80% of main sites

Supply Chain Management

Responsible Procurement
  • 68% of purchases from suppliers committed to Global Compact principles
  • Supplier commitment to CO2 emission reduction targets

Climate-Related Risks & Opportunities

Physical Risks
  • Natural catastrophes
Transition Risks
  • Regulatory changes
  • Market trends
Opportunities
  • Energy efficiency solutions

Reporting Standards

Frameworks Used: IIRC

Certifications: ISO 9001 (86% of sites), ISO 14001 (87.5% of sites)

UN Sustainable Development Goals

  • 10 Sustainable Development Goals

Sustainable Products & Innovation

  • Energy efficiency solutions
  • Connected products

Awards & Recognition

  • Leading Allies award
  • World Best Employers (Forbes and Statista)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:12,943,186 tCO2e/year
Scope 1 Emissions:49,348 tCO2e/year
Scope 2 Emissions:35,176 tCO2e/year
Scope 3 Emissions:12,858,662 tCO2e/year
Renewable Energy Share:82%
Total Energy Consumption:384 GWh/year
Water Consumption:686,000 m3/year
Waste Generated:Not disclosed
Carbon Intensity:1,528 tCO2e per million euro of revenue (2023)

ESG Focus Areas

  • Climate Change
  • Circular Economy
  • Diversity & Inclusion
  • Business Ethics
  • Health & Safety
  • Supplier Responsibility
  • Customer Satisfaction
  • Biodiversity

Environmental Achievements

  • Reduced Scope 1&2 CO2 emissions by 30% (market-based) compared to 2022.
  • 82% renewable electricity used.
  • Reduced energy consumption by 18% compared to 2022.
  • 9.5 million tons of CO2 avoided by customers through energy-efficient solutions (2022-2023).

Social Achievements

  • 29.1% of management positions (Hay grade 14+) held by women.
  • 95.5% of employees received at least 6 hours of training.
  • 57% reduction in the frequency of workplace accidents (FR2) from 2018 to 2023.
  • 90% of Legrand employees covered by the extended “Serenity On” program.

Governance Achievements

  • CSR criteria integrated into executive and manager compensation.
  • Independent third-party assurance of CSR Roadmap performance.

Climate Goals & Targets

Long-term Goals:
  • Net Zero emissions by 2050 (validated by SBTi).
Medium-term Goals:
  • 50% of sales from faster-expanding segments (datacenters, connected products, energy efficiency).
  • Reduce Scope 1&2 emissions by 42% and Scope 3 emissions by 25% by 2030 (vs. 2022).
  • One-third of key positions held by women and gender parity across workforce by 2030.
  • 80% of sales from eco-responsible solutions by 2030.
Short-term Goals:
  • Reduce energy consumption by 15% by end of 2023 (relative to 2021).

Environmental Challenges

  • Climate change impacts (extreme weather, resource scarcity).
  • Digital acceleration and evolving market expectations.
  • Cybersecurity and data protection.
  • Maintaining operational competitiveness.
  • Supply chain disruptions.
  • Attracting and retaining talent.
  • Ensuring product quality and safety.
  • Implementing circular economy principles.
Mitigation Strategies
  • CSR Roadmap with specific targets and action plans.
  • Investment in R&D and digital technologies.
  • Comprehensive cybersecurity program.
  • Operational excellence initiatives (Legrand Way).
  • Sustainable procurement policies.
  • Talent management programs and employee wellbeing initiatives.
  • Robust quality control processes and ISO certifications.
  • Ecodesign approach and use of recycled materials.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Sustainable purchasing policy.
  • Supplier Code of Conduct.
  • Engagement on GHG emission reduction targets.

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events impacting operations and supply chain.
Transition Risks
  • Regulatory changes, carbon pricing, market shifts.
Opportunities
  • Energy efficiency products and services.
  • Electric vehicle charging infrastructure.
  • Renewable energy solutions.

Reporting Standards

Frameworks Used: GRI, TCFD, UN Global Compact, SASB

Certifications: ISO 14001, ISO 9001

Third-party Assurance: Independent third-party auditor (limited assurance)

UN Sustainable Development Goals

  • Goal 7 (Affordable and clean energy)
  • Goal 13 (Climate action)
  • Goal 5 (Gender equality)

Initiatives contribute to these goals through energy efficiency, GHG emission reduction, and gender diversity.

Sustainable Products & Innovation

  • Energy-efficient products.
  • Connected products.
  • Products using recycled materials.

Awards & Recognition

  • CDP Climate Change A- list
  • DJSI World & Europe
  • EcoVadis Platinum
  • ISS ESG Prime
  • CAC 40 ESG
  • CAC SBT 1.5°