All along the value chain, Legrand intends to respond to the expectations of the stakeholders in its activities, from its suppliers to its users and partners, with a view to progress for all, and in the greatest possible compliance with ethical rules.
Interact ethically with the whole ecosystem of Legrand's activities.
As a global specialist and market leader, Legrand considers that it is responsible for responding ethically to the expectations of all stakeholders with whom it interacts, whether contractually or otherwise, as part of its activities: suppliers (direct or indirect), users (distributors, installers or end customers), and the whole economic environment in which the Group operates on a daily basis, in particular the energy sector.
Legrand's ethics are at the heart of all its economic relations, all along the value chain. The Group aims to provide users with sustainable solutions and to ensure sustainable purchasing.
More than 7.2 million counterfeit Legrand products have been seized since 2006
More than 60% of the Group panel's purchases 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
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 Group sales covered by the Compliance program monitoring scheme