LIMOGES, France, March 17, 2014 /PRNewswire/ --
First foundation placed under the aegis of Fondation Agir Contre l'Exclusion (FACE), a registered non-profit organisation
Legrand, the global specialist in electrical and digital building infrastructures, today announced the launch of the Legrand Foundation. This is the first foundation to be created under the aegis of Fondation Agir Contre l'Exclusion (FACE), a registered non-profit organisation, and is intended to combat exclusion related to a loss of independence and electricity poverty, while also promoting education and employment in the electrical sector.
The aim of the Legrand Foundation is to help those who are excluded or discriminated against, by using the Legrand Group's know-how and solutions.
- Because Legrand is in the vanguard of assistance for independent living, the Foundation aims to help the elderly who wish to continue living at home, including the most underprivileged segment of the population.
- Because energy efficiency and safety are priorities for Legrand, the Foundation supports people facing electricity poverty.
- Because Legrand is a key player in the electrical industry, the Foundation provides support for those seeking training or access to employment in the electrical sector.
Commenting on the creation of the Foundation, Gilles Schnepp, Legrand Group Chairman and Chief Executive Officer and Chairman of the Legrand Foundation, stated: "The Legrand Foundation represents an initiative that fits perfectly with our responsibility as a company. We wish to contribute to sustainably reducing energy inequality and to play a driving role for the electrical sector as a whole."
To date, the Foundation is already committed to several initiatives, such as the 'Growing old happily at home' project, a pilot scheme intended to support social housing authorities in the field of loss of independence, or the 'Impact' programme, designed to support social entrepreneurs with innovative projects in the field of energy efficiency.
Find out more about the Legrand Foundation
Legrand is the global specialist in electrical and digital building infrastructures. Its comprehensive offering of solutions for use in commercial, industrial and residential markets makes it a benchmark for customers worldwide. Innovation for a steady flow of new products with high added value and acquisitions are prime vectors for growth. Legrand reported sales of close to €4.5 billion in 2013. The company is listed on NYSE Euronext and is a component stock of indexes including the CAC40, FTSE4Good, MSCI World, Corporate Oekom Rating and DJSI (ISIN code FR0010307819).