News

A new company will be created for this purpose: Bahra Electric will hold 51% of the shares and Schréder the remaining 49%. This joint venture will provide a fully localised solution with a competitive edge.

Organised by EY, this award recognises companies that demonstrate excellence in areas such as innovation, financial performance, social responsibility, and personal commitment to their business and communities.

We are proud to announce the appointment of Philippe Felten as our new CEO.

Following our commitment to set science-based targets to reduce our greenhouse gas emissions in 2023, our Scope 1, 2 and 3 targets have now been endorsed by the Science Based Targets Initiative (SBTi).

In 2023, the Schréder Together Fund supported 6 associations, nominated by employees, to make a positive impact on the well-being of the communities where they are based.

We are pleased to announce that we have achieved the EcoVadis Gold rating for the second year in a row. We have improved our sustainability rating from 68 to 71 points in 2023 which demonstrates our continued efforts and improvements in our sustainability journey. EcoVadis is the world’s largest provider of corporate sustainability ratings and a reference in the B2B industries and global supply chains.

At Schréder, we are committed to reducing plastic pollution. We have implemented initiatives to become a single-use plastic-bottle-free company, reduce plastic in our products and packaging and accelerate growth in a circular economy.

Schréder, via the Schréder Together Fund, donated 46 solar street lights on GRP poles to extend community life after dark and improve the quality of life for the local community.

The Science Based Targets initiative (SBTi) drives ambitious climate action in the private sector by enabling organisations to set science-based emissions reduction targets. This initiative reinforces our engagement to combat climate change.