SCH2017_DRF_EN_Livre.indb

5. Research & Development 1 Overview of the Group’s strategy, markets and businesses 38

1. Group strategy and market opportunities 22 1.1 Our mission 22 1.2 Megatrends in our environment are creating opportunities 22 1.3 Group strategy 23 1.4 Group competitive strengths 26

5.1 Delivering truly innovative solutions 5.2 Financing innovative start-ups

39 42

6. Organizational simplicity and efficiency 6.1 A customer-focused organization 6.2 Manufacturing and supply chain: global redeployment 6.3 Purchasing: selection and internationalization

43

43

2. Businesses, end-markets and customer channels

45 46

28

2.1 Leadership positions in our businesses 2.2 Serving 4 attractive end-markets

28 30 31 33

7. Risk Factors 7.1 Operational risk

2.3 Multiple accesses to markets

47 50 51 51 51 53 53 54

2.4 Competitive landscape

7.2 Industrial and environmental risks

7.3 Management of risks in relation to climate change

3. Ambitious long-term financial targets for attractive shareholder returns

7.4 Information systems risks

34

7.5 Market risks 7.6 Legal risks

4. Company history and development

35

7.7 Disputes

7.8 Insurance strategy

4.1 History

35

4.2 From Power & Control to the Digital Transformation of Energy Management and Automation

8. Internal control and risk management 8.1 Definition and objectives of internal control and risk management 8.2 Organization and management: internal control key participants 56 8.3 Distributing information: benchmarks and guidelines 58 8.4 Risk identification and management 59 8.5 Control procedures 61 8.6 Internal control procedures governing the production and processing of consolidated and individual company accounting and financial information 62 56 56

35 36 37

4.3 Recent external growth

4.4 Transformations through Company Programs

2017 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC

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