Legrand's CSR strategy is underpinned by solid CSR governance. Reporting to the Strategy & Development Division, Legrand's CSR Department coordinates the Group's CSR strategy with the support of dedicated bodies, in particular the network of representatives, the CSR Steering Committee and the Strategy and CSR Committee.
Coordinating Legrand's CSR strategy
Steering the strategy
Furthermore, extra-financial performance is part of the criteria used to determine the salaries of the Group's senior executives and decision-makers (CEO, members of the Executive Committee, Country Managers, Heads of Strategic Business Units, etc.).
Legrand's CSR Department is responsible for managing the Group's CSR strategy, deploying it at all organisational levels, and promoting awareness amongst all employees. Its aim is to stimulate and group together the CSR initiatives conducted in all Legrand entities all over the world. It is a central structure providing consistent coordination of the strategy, particularly in newly-acquired companies.
It is supported by several expert Functional Departments: Legal Affairs Department, Human Resources Department, Group Purchasing Department, etc. These Departments are responsible for coordinating networks of CSR representatives in subsidiaries, who actually work on the four areas of Legrand's CSR strategy.
CSR actions are approved and monitored by a CSR Steering Committee. While simultaneously, within the Board of Directors, the Strategy and Corporate Social Responsibility Committee ensures the compliance of the Group's strategy with CSR objectives.
Key figure
A network of more 300 representatives all over the world
1 Group steering committee
1 Strategy and Social Responsibility Committee within the Group's Board of Directors
3 600 stakeholders mobilised for the materiality assessment
Control the risk
Legrand's risk universe contains certain risks linked to societal, corporate and environmental matters. The risk evaluation has enabled us to identify the most critical of these CSR risks.
The Group's risk mapping procedure is outlined in 3.3 of the Registration Document, in the section "risk management system". The results of the risk mapping exercise can be found in chapter 3.6 "Risk factors and management systems in place" of the Registration Document.
Dedicated organisations
A network of more than 300 representatives all over the world
The Legrand CSR Department is supported by a network of representatives, which enables it to constantly interact with entities all over the world. These representatives are tasked with deploying the CSR strategy, tracking and coordinating the projects on the sites, and reporting the results. The network of CSR representatives is made up of about 300 persons who have held a variety of different roles across the Group.
A CSR steering committee
The CSR Steering Committee includes all the Group's Functional Departments, the Strategic Business Units (SBUs) and the main Country Departments, with the participation of the Chief Executive Officer. This Committee meets approximately three times a year to approve and monitor the initiatives arising from Group CSR policy.
Raising the awareness of all employees
Legrand's CSR governance is also implemented through an active internal communication policy to raise awareness and involve all employees, all over the world, in the Group's CSR strategy. In addition to continuous information about the Group's and its subsidiaries' CSR initiatives, this policy is reflected by sharing the strategy and rules, organising data reporting, and formalising the exchange of the best CSR practices.
International standards
Legrand applies the main international standards concerning CSR. In particular, the Group is a member of the United Nations Global Compact. Legrand also complies with the following reference standards:
- The Universal Declaration of Human Rights,
- The GRI and ISO 26000 guidelines, ISO 26000, which are also tools used to evaluate the Group's strategy,
- The obligations under Article 225 of the Grenelle 2 law,
- The Sustainable Development Goals (SDG) published by the UN.
In addition, all Legrand entities share a Charter of Fundamental Principles specifying the rules applicable to behaviour and how business is conducted. A network of more than sixty ethics representatives in the subsidiaries ensures that these rules are observed. The Charter of Fundamental Principles is supplemented by the Fair Competition Charter and a guide to good business practice focused on preventing corruption and combating fraud. The Group has also implemented an Environment Charter and a Prevention Charter.
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Audited information
In accordance with regulations, the CSR information published annually by Legrand in its management report is reviewed by one of the Auditors considered as an Independent Third-Party Body.
In the interest of transparency, Legrand, addressing regulatory obligations to certify that CSR information has been obtained, has gone even further. Thus, since 2015, the Group has implemented a voluntary initiative to certify the information related to all of the priorities of its CSR roadmap. This information must also be verified by an independent third party. This approach is a new guarantee of Legrand's desire and ability to provide reliable and qualified CSR information.
To find out more: Registration Document (p. 131)