Author: admin

The company is planning to increase the headcount by 20 per cent by adding over 6,500 employees to the workforce in the next three years. “We’ll invest about Rs 3,200 crore expanding our industry footprint by 2026. This is fundamental to support India’s mission of Atmanirbhar Bharat,” says Binu Philip, CHRO, Greater India, Schneider Electric.

Highlights

Schneider Electric focuses on hiring people with an understanding of building a sustainable world, a deeper understanding of changing customer requirements, and strong digital skills acumen.

Besides organising various training programmes, a holistic set of interventions through manager feedback, mentoring and support mechanisms, in terms of building expertise in new areas or while doing hands-on projects, are rigorously done to supplement the capability development.

The company follows a 50:40:30 approach in its D&I strategy. While hiring, it aims for 50 per cent women to fill the external job roles, targets 40 per cent women as first-line managers, and 30 per cent women representation in the leadership team.

Schneider Electric, a global energy management and automation company, recently inaugurated one of its largest employee campuses globally, at Bagmane Solarium City, Bengaluru. The new Bagmane campus with an investment of Rs 200 crore spans about 630,000 sq ft. The campus will accommodate over 2,000 R&D specialists, fostering an environment conducive to innovation and collaboration.

The campus houses a Global Innovation Hub, Training Centre, R&D Centre, Skill Centre and Digital Hub, with the capacity to accommodate over 8,000 professionals. The Training Centre will feature interactive demonstrations, workshops and expert-led sessions that will train thousands of employees, partners and customers every year. For employees, the training facility focuses on leadership capability development, technologies and skills development and hands-on training. The training facility in this campus will serve not just this campus, but the employees across the country.

Schneider Electric has more than 37,000 employees in India. About 8,000 employees who are Bengaluru-based and from other offices will be consolidated into the newly inaugurated Bagmane campus.

Binu Philip, CHRO, Greater India, Schneider Electric, says, “This campus will be a big fulcrum for R&D and digital talent where a lot of R&D digital talent-hiring will happen and they will be moved to this campus for its expansion. The teams organised here will also support developing products and solutions for markets all over the world. It caters to both India for India and India for the globe.”

The company is planning to increase its headcount by 20 per cent by adding over 6,500 employees to the workforce in the next three years. “We’ll invest about Rs 3,200 crore expanding our industry footprint by 2026. This is fundamental to support India’s mission of Atmanirbhar Bharat. India being one of the four large R&D digital hubs for Schneider, we’ll be adding far more employees in the coming years and further expansion may come up later. R&D digital will have a larger chunk of it because that’s where we probably invest a lot more in the talent base,” Philip says.

Schneider Electric is further planning to launch a similar state-of-the-art campus in Delhi next year. The organisation has 31 manufacturing sites across India and 5 smart factories in Hyderabad, Bengaluru and Chennai. The Hyderabad smart factory is recognised as an advanced lighthouse factory by the World Economic Forum. The firm also opened a new cooling facility in Bengaluru on March 24. One of its subsidiary companies, Luminous, opened a fully automated solar panel in Uttarakhand. Hiring strategy Schneider Electric focuses on hiring people with an understanding of building a sustainable world, a deeper understanding of changing customer requirements, and strong digital skills acumen. The top priority for the firm is to grow India as a talent hub for the world by building talent in the three major spaces such as R&D, digital, software services and sustainability. “Buy, build and borrow are the talent strategies followed in attracting technology and digital talent.

We hired 5,000 plus people last year of which 1300 people are young talent from campuses and we will continue to add that number of people in the coming years as well,” Philip says. He adds, “We are also significantly increasing our manufacturing units’ employee base as we are setting up new factories and facilities in the coming years. India is one of the largest employee bases of Schneider worldwide. We have the entire breadth of opportunities in this country and hire for a spectrum of roles such as sales & marketing, supply chain, AI specialist, factory management, etc.” Talent mobility Philip says, “We want to create an environment where experienced, mid-career and young talent can be put together. We have a very robust staffing engine that is connected to the market and sources people from the market in addition to the campus engine that runs campus programmes.

We also have a very robust internal hiring process through our platform Open Talent Market (OTM). OTM creates an internal talent market by leveraging technology and Artificial Intelligence to match the supply and demand of talent throughout the organisation.” “For example, if an HR person wants to understand finance, he/she can open up a project, partner, and learn that. Similarly, if a sales engineer wants to get into R&D, they can have the opportunity to work on projects, which will give them a deeper understanding of R&D. This (OTM) platform also provides enormous opportunities to find mentors across the globe with whom employees can learn about different domains,” explains Philip. Skills first approach Philip says, “Last year, ET Future Skills ranked us as the company with the best learning culture. As we grow exponentially, building the leadership pipeline and investing in talent development will be a big focus for us. Skills first is the strategy of Schneider and constantly advancing skills and growing the capability of people with newer and future skills is a critical priority for us.” Schneider Electric has various academies in the company globally and many customised local programmes in the country to enhance its employees’ management skills, digital skills and specific functional skills.

The combinations of mastery, curiosity and innovations are the elements given the core focus in the skill development programmes. According to Philip, innovation is highly valued and encouraged in the organisation. Employees are given the freedom to pick up ideas (innovative solutions to customer problems, process problems or employee problems), test pilot those, and get mentorship and investment to take those to the next level on its approval. “Even in my function, which is HR, we conduct hackathons where hundreds of HR folks in the country could come together in small groups and propose solutions that will enable great employee experience. Once the idea is recognised, the HR leadership comes forward and sponsors it,” he says. Gurukul is an experiential learning programme to enhance Sales and Marketing capability. More than 300 employees have been covered since its launch this year. Digital Boost is a global programme, including India, to help build the digital capabilities of every employee in the company. Beyond the internal training programmes, employees can also sign up for external courses free of cost.

For instance, Schneider Electric has tied up with Coursera whose platform its employees can utilise to deepen their AI expertise under the company sponsorship. Besides the training programmes, a holistic set of interventions through manager feedback, mentoring and support mechanisms in terms of building expertise in new areas or while doing hands-on projects are rigorously done to supplement the capability development. “Being one of the top-line sustainable companies in the world, employees here are expected to understand deeper about sustainability by undergoing three levels of programmes in the sustainability school that offers certification on key topics like ESG fundamentals, circular economy, renewable energy, etc,” Philip says.

Leadership Development Programmes

For people aspiring to be in leadership, Schneider Electric has various management-level programmes like:

Tejas which is Schneider’s Exclusive Leadership Development Programme for Senior C-level and it is conducted in partnership with ISB, a premium B school. Every year, the batch includes 50 to 60 handpicked people.

Ojas is a Mid-Level Leadership Acceleration programme at Schneider Electric.

Champions Club is a gated programme where over 100 employees are enrolled every year. This is the oldest leadership programme for entry-level leadership. The employees have to go through multiple levels to reach the final round and get certified.

And, the women-exclusive leadership programmes like URJA (an intense six-month development journey) have 1,000 employees till now and many of them have escalated into leadership roles in the company.

Diversity & Inclusion

Schneider Electric has a gender diversity ratio of 30 per cent. The organisation follows a 50:40:30 approach in its D&I strategy. While hiring, the company aims for 50 per cent women to fill the external job roles, targets 40 per cent women as first-line managers, and 30 per cent women representation in the leadership team. The company has established ‘Equal Pay for Equal Work’ as a fundamental principle in its compensation philosophy, and the firm was awarded the “Lighthouse in Pay Parity” by the World Economic Forum.

Media Contact
Company Name: ABC Private Limited
Contact Person: Media Relations
Email: Send Email
Country: India
Website: https://www.se.com/in/en/

Press Release Distributed by ABNewswire.com

To view the original version on ABNewswire visit: Insights into Schneider Electric’s hiring strategy, skills first approach and 50:40:30 D&I practice

RUEIL-MALMAISON, France – July 12, 2024 – Office building owners and managers can save money and cut carbon emissions while adapting to modern, flexible work patterns; a new joint study has revealed.

Globally integrated real estate group Lendlease, global sustainable consultancy firm Arup, and Schneider Electric, the leader in the digital transformation of energy management and automation, detail innovative strategies to add commercial Real Estate Value (CRE) in a new white paper titled, “Get more from your core investments: How faster fit-outs can drive higher returns for commercial properties.” It shows how to balance flexible occupancy opportunities with addressing sustainability challenges.

The urgency of this initiative is clear. “As a recent McKinsey report points out, buildings account for almost 40% of global carbon emissions,” notes Estelle Monod, Global Buildings President at Schneider Electric. “This reality requires immediate action, especially as CRE companies navigate stringent environmental regulations, shifting tenant and investor expectations, and a volatile market landscape. We recognize these pressures and are committed to offering solutions that facilitate this transition.”

As key players in the CRE market, Lendlease, Arup, and Schneider Electric combine their expertise to propose practical solutions for the industry’s evolving demands. The study focuses on leveraging technological advancements to create adaptable building services that reduce waste and improve environmental performance.

Andy Hodgson, Global Advisory Services Leader at Arup, comments, “Trying to cut carbon while also tackling fluctuating office occupancy with post-COVID work patterns is a major challenge for the commercial office real estate market. But with a new approach to building construction, a flexible design can bring financial benefits alongside unlocking shorter and more flexible leasing arrangements.”

Traditional building design and construction methods often struggle to address sustainability and carbon accounting. In response, Schneider Electric, Lendlease, and Arup collaborated on a practical guide that illustrates how an adaptable approach can help strike a balance between flexible occupancy and reduced carbon emissions with a solution that enhances building adaptability and reduces material waste.

The white paper introduces a new method for designing and implementing integrated building services within commercial office space. This method was applied to one floor within a major office tower building in Sydney, Australia, and demonstrated tangible benefits.

Modeled scenarios for a single building show the potential to generate significant lifecycle cost reductions, additional revenues, and savings of more than 1,500 tons of carbon dioxide over 30 years. Andy Hodgson, Global Advisory Leader at Arup, highlighted the financial advantages: “Reducing costs (which can lead to higher rental value) and shorter vacancy periods were key considerations in the model. Interestingly, the current model doesn’t account for energy savings, yet the solution inherently provides this additional benefit.”

For landlords, the benefits extend beyond financial gains. Advanced apps and automation offer improved space utilization and increased tenant comfort. Tenants also gain insights into space usage and can adapt their environment for maximum efficiency and comfort.

About Schneider Electric

Schneider Electric purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On.

Our mission is to be your digital partner for Sustainability and Efficiency.

We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries.

We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.

Media Contact
Company Name: ABC Private Limited
Contact Person: Media Relations
Email: Send Email
Country: India
Website: https://www.se.com/in/en/

Press Release Distributed by ABNewswire.com

To view the original version on ABNewswire visit: Enhance Commercial Property Returns Through Faster Fit-Outs: New Study

Schneider Electric, a global leader in sustainability, today announced that it has expanded the capabilities of its global private equity and financial services consultancy within its Sustainability Business, which offers comprehensive advisory and software solutions for decarbonization and sustainable value creation for private equity funds, asset managers and other financial institutions.

The expanded global practice is currently partnering with dozens of private equity funds and asset managers, supporting 400 portfolio companies, and advising +$100B assets under management.

The expanded practice focuses on an integrated approach to ESG and sustainability consulting, energy procurement, sustainability solutions and renewable energy, enabled by a strong suite of digital solutions. Specifically, the team partners closely with private equity funds, asset managers and other financial institutions throughout the investment life-cycle – from strategy and fundraising, all the way to exit strategy.

The practice group provides financial institutions with an exclusive opportunity to evaluate and handle financed emissions, monitor ESG performance across diverse assets, facilitate communication with underlying portfolio companies, and spearhead sustainable transformation. Through this unique approach, value creation is driven through ESG transformation and decarbonization, extending to the fund level.

In a recent study conducted by the CFA Institute’s Research & Policy Center, responsible investment funds have gained significant traction over the last decade, further articulating the need for specialized fund-level services through asset managers.

“With the evolving global landscape of ESG, our finance and private equity clients have a unique challenge and opportunity to gain a competitive edge in a way that supports their sustainability objectives,” said Cristy House, North America Lead, Private Equity & Financial Practice. “We’re excited to expand our leading-edge practice to drive even more value and results for our clients through innovative end-to-end energy and solutions that service the financial sector.”

Within the new expansion, there is a greater focus on data management and reporting capabilities that help financial institutions understand and track their portfolio performance and drive impactful engagement strategy. In addition to Schneider Electric’s flagship platform EcoStruxure Resource Advisor®, which announced new ESG capabilities last year, the organization is also working with connected software solutions that drive greater client impact, alongside the newly adopted tools. The collective solution set touts fund-level data aggregation, benchmarking, predictive analytics, and dynamic data requests, specific to the private equity sector. The combined expanded data management and sector-level abilities enables Schneider Electric to meet the unique needs of each client it serves.

“For more than 20 years, our client-first approach to ESG and sustainability has allowed us to stay nimble and value-focused with our solutions,” said Irina Gilfanova, Director, Head of Private Equity Europe. “Our capabilities continue to grow rapidly as the market needs various integrated solutions and flexibility to enable private equity firms to manage their processes, track their commitments, and provide insight into their portfolio performance.” Over the years, Schneider Electric has had multiple collaborations, partnerships, and acquisitions to deliver best-in-class sustainability solutions.

Schneider’s Sustainability Business has a long-standing history with flagship financial institutions across the financial services sector. The company has been listed among the most Sustainable Corporations worldwide for the 13th time in a row, according to Corporate Knights’ 2024 Global 100, and listed as a Sustainability Leader for the 13th year in a row in the Dow Jones Sustainability World Index.

About Schneider Electric

Schneider Electric purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On.

Our mission is to be your digital partner for Sustainability and Efficiency.

We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries.

We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.

Media Contact
Company Name: ABC Private Limited
Contact Person: Media Relations
Email: Send Email
Country: India
Website: https://www.se.com/in/en/

Press Release Distributed by ABNewswire.com

To view the original version on ABNewswire visit: Schneider Electric Expands Global Private Equity & Financial Services Practice With Comprehensive Consultancy + Data Management Solution