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    Schneider Electric signs an environmental and social charter with 10 of its main suppliers

    Rueil-Malmaison, June 4, 2003 - Henri Lachmann, Chairman and Chief Executive Officer of Schneider Electric, signed an environmental and social charter with 10 of the company's main suppliers -Amtek, DSM, Ferraz, Gindre, Kuvag, Menzolit, Metalor, Nief Plastic Holding, Ruget and Semikron

    Schneider Electric seized the opportunity to take this action during sustainable development week (June 2-8).

    The charter is an agreement on both environmental and social objectives, structured on the basis of the Principles of the UN Global Compact, an initiative developed in January 1999 by the Secretary-General of the United Nations, Koffi Annan. "We thus want to maintain a constructive dialogue on our environmental and social commitments with our main business partners. Companies have a responsibility to share a responsible view of globalization with their employees and business partners. It is in all of our interest to find the routes for responsible and respectful globalization, explained Henri Lachmann.

    About Schneider Electric

    Schneider Electric
    Give the best of the New Electric World
    To everyone, everywhere, at any time

    The world's power and control specialist, with its global brands Merlin Gerin, Square D and Telemecanique, Schneider Electric offers a comprehensive range of products and services for the residential, buildings, industry, and energy and infrastructure markets.

    Schneider Electric and its 74,814 employees recorded 2002 sales
    of 9.1 billion euros, through 9,000 sales outlets in 130 countries.