Climate Change Advisory Services launched by Schneider Electric

On January 28, 2021, Schneider Electric, a leader in the digital transformation of energy management and automation, introduced its Climate Change Advisory Service, an evolution of the firm’s existing consulting services designed to offer a holistic solution to the sustainability challenges of companies and climate action. . The service is the first of its kind, balancing the strategic vision and the roadmap with the implementation of tangible actions and technology. The fully integrated approach encompasses energy management, resource efficiency, renewable energy procurement, carbon offsetting, value chain decarbonization, and artificial intelligence-driven data collection and dissemination.

Despite the Paris climate agreement and a multitude of promises from thousands of global organizations, the world is still on the way to a global temperature rise that will exceed the recommended threshold of 1.5 degrees Celsius (having already warmed by an estimated 1.2 degrees Celsius above the previous temperature). -industrial levels). Schneider Electric’s comprehensive advisory service brings together assessment and strategy development tools with robust implementation guidance and support to ensure companies, large and small, can be successful in addressing their global climate action and sustainability goals.

“Climate change is the defining challenge of this century and business has an important role to play in mitigating it. As a result, C-Suite increasingly recognizes that sustainability is no longer a feel-good investment, but a strategic performance lever to hedge against risk and build resilience, ”said Steve Wilhite, senior vice president of energy and services services. sustainability of Schneider Electric. .

“However, to accelerate action, there must be a change in mindset. Despite a record year for climate commitments in 2020, a large gap remains between ambition and action. Our services aim to fill that gap, enabling our clients to establish, achieve, measure and report on a science-based and competitive decarbonization strategy, often while positively impacting their bottom line. “

While corporate action has driven progress in the fight against climate change, to date, only 23% of Fortune 500 companies have made public climate commitments to meet by 2030. Schneider’s Climate Change Advisory Service Electric will help clients understand the importance of climate action as risk mitigation. strategy, establish or advance your sustainability journey, and strategize to achieve your ambitious goals. The service includes, but is not limited to:

  • Development of the decarbonization strategy
  • AI-enabled global resource data management
  • Budget and forecast
  • Portfolio risk management
  • Goal / objective setting and road mapping
  • Identification and implementation of the energy efficiency potential
  • Implementation of microgrids and clean technology
  • Evaluation and acquisition of renewable energy opportunities
  • Assessment and voluntary sourcing of the carbon market
  • Supply and value chain commitment and solutions

The pragmatic and data-driven approach to company strategy and execution is based on the first-hand design and management of the company’s leading climate action ambitions.

Repeatedly recognized in key rankings for its sustainability achievements, Schneider Electric announced earlier this week that it has redoubled its long-standing strategy to incorporate environmental, social and governance considerations into every facet of its activities, and to help its customers and Business partners. in achieving your own sustainability goals. The announcement coincided with news that Corporate Knights, a Canadian research and media company that produces rankings and ratings for financial products based on corporate sustainability performance, has recognized Schneider Electric as number one for the first time. from its annual index of “the 100 most sustainable countries in the world.” corporations in the world ”.

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