Legrand’s history is closely linked to the technological and social changes experienced by the building industry over the past several decades
Over the past years, each one of us has seen the formidable acceleration of these changes, which have made recent societal and technological megatrends — environmental protection, increased life expectancy, rapid increase in the fl ow of data and more generally digitalization — major levers for the transformation of the relationship between people and their environment.
These developments continue to change the relationship users have with our products. Thus, the new technologies, especially digital ones, signifi cantly increase the value-in-use of our products for users. This is why we are continuing to fast track our investments in this area: innovation, acquisitions, signing of strategic partnerships and numerous technological alliances.
This positioning of Legrand, responsive to the major global developments, makes not only legitimate, but natural the Group’s social responsibility approach, initiated many years ago within our teams across the world.
Given that Legrand’s development can only be sustainable if it respects all of our stakeholders and occurs within a broader defi nition of the business, we are convinced that the full value-creating ability of our operations results from a combination of fi nancial and non-fi nancial performance.
In line with the fi rst edition, this second integrated report aims fi rst of all at presenting, in summary form, our strategy, our governance and our performance, as well as the environment in which we operate, with a view to creating value in the short, medium and long term. Prepared in a spirit of continual improvement, this integrated report draws on the template designed by the International Integrated Reporting Council (IIRC).
Our wish is that this document, as a complement to our other publications, provides information on our Group’s ability to fully seize opportunities to create value, in a sustainable, responsible and profi table manner.