Real Assets
We build future energy systems and resilient infrastructure, backing emerging opportunities in technology, land and water.
Schneider Electric is a leading global provider of low- and medium-voltage electrical products and systems as well as automation control equipment. It specialises in digital automation and energy management, serving customers in the home, building and infrastructure industries. Its products and services promotes sustainability and energy efficiency through driving digital transformation in manufacturing processes and energy technologies.
Â
Topic:Â Carbon - Net Zero Target/Strategy
Our objective:Â Limiting material negative social or environmental impacts
Company objective: For Schneider Electric to accelerate and enhance the positive impact of its net zero strategy. Specifically, we sought publication of a comprehensive, Paris-aligned strategy to reduce absolute Scope 1â3 greenhouse gas (GHG) emissions across the business.
Desired outcome:Â Improved disclosure and target setting in line with Paris Agreement as a precursor to absolute Scope 1â3 GHG emissions (tCOâe) reductions.
Background:Â Schneider Electric has been included in the Net Zero Engagement Initiative (NZEI1) due to its material operational and value chain emissions, and its important role in enabling low-carbon transitions across industry. The company put a transition plan to vote in 2023, receiving near-unanimous shareholder approval. With its current strategy covering 2021â2025, the engagement group sought to influence the development of the next phase of the companyâs climate strategy (2026â2030), encouraging stronger ambition, transparency, and delivery mechanisms.
Engagement activity: We has been working with the NZEI investor group. Having written to the company multiple times we are planning a meeting in 2025 to influence the next phase of Schneiderâs climate strategy.
Engagement outcome:Â
M4 - company provides evidence that the issue is being managed in line with the policy or strategy, demonstrating concerns have been addressed.
Schneider Electric has published a strengthened, Paris-aligned net zero strategy with clear measures to reduce absolute Scope 1â3 GHG emissions. The strategy includes interim targets, implementation mechanisms, and transparency on decarbonisation levers. The companyâs efforts are now better aligned with investor expectations and global climate goals, enhancing its credibility and positive impact.
Important information
Foresight Group LLP does not offer legal, tax, financial or investment advice and the information on this website should not be construed as such. We recommend investors seek advice from a regulated financial adviser. The opportunity described in this document may not be suitable for all investors. Any such investment decision should be made only on the basis of the Fund scheme documents and appropriate professional advice.
Foresight Group LLP acts as investment manager and is authorised and regulated by the Financial Conduct Authority with Firm Reference Number 198020 and has its registered office at The Shard, 32 London Bridge Street, London SE1 9SG.
OEICs
An investment in FP Sustainable Future Themes Fund, FP Foresight Global Real Infrastructure Fund, FP Sustainable Real Estate Securities Fund, FP UK Infrastructure Income Fund or FP WHEB Sustainability Impact Fund and Liontrust Diversified Real Assets Fund (together the âFundsâ) should be considered a long-term investment that may be higher risk. Portfolio holdings are subject to change without notice.
The Authorised Corporate Directors FundRock Partners Limited (registered office at Hamilton Centre, Rodney Way, Chelmsford, England, CM1 3BY) and Liontrust Investment Partners LLP (registered office 2 Savoy Court, London WC2R 0EZ), are authorised and regulated by the Financial Conduct Authority with Firm Reference Numbers 469278 and 518552 respectively. The Funds are incorporated in England and Wales.
ICAVs
An investment in the WHEB Sustainable Impact Fund and the WHEB Environmental Impact Fund (together the âFundsâ) should be considered a longer-term investment that may be higher risk. Portfolio holdings are subject to change without notice.
The Manager of the Funds is FundRock Management Company S.A., authorised and regulated by the Luxembourg regulator to act as UCITS management company and has its registered office at Airport Center Building, 5, Heienhaff, L-1736 Senningerberg, Luxembourg.
We respect your privacy and are committed to protecting your personal data. If you would like to find out more about the measures, we take in processing your personal information, please refer to our privacy policy, which can be found at http://www.foresight.group/privacy-policy.