Schneider Electric SE, a global specialist in energy management and automation, considers access to energy and electricity as a basic human right.
As part of its sustainable development policy, and more specifically its Access to Energy program, Schneider Electric has been committed to impact investing since 2009, through the creation of three dedicated investment companies. The impact investment strategy is based on two pillars: the fight against fuel poverty (in France and Europe, via the Electric Energy Access fund, created in 2009), and access to clean energy (in Africa via the Energy Access Ventures fund created in 2015, and in Asia via the Schneider Electric Energy Access Asia fund launched in 2020).
SEEA has set itself the goal of combating fuel poverty, which affects 11.7% of households in metropolitan France, or nearly 7 million people according to the ONPE in 2018. SEEA now also wants to invest in Europe, where the number of people living in fuel poverty is estimated at more than 54 million Europeans (11% of the EU population) according to a European Commission study, with a long-term objective of 70% investment in France and 30% in the rest of Europe.