Schneider scoops renewable award
Zayed Future Energy Awards 2012 honours sustainable firms
Schneider Electric has scooped a prestigious award for its efforts in renewable and sustainable energy at the Zayed Future Energy Awards 2012, in the Large Corporations category. General Sheikh Mohamad Bin Zayed Al Nahyan, Abu Dhabi Crown Prince and Deputy Supreme Commander of the UAE Armed Forces, presented the award to Jean-Pascal Tricoire, President and CEO, Schneider Electric.
The fourth edition of the Prize was hosted on the sidelines of the World Future Energy Summit (WFES 2012) at the Emirates Palace Hotel, in Abu Dhabi. ZFEP also rewarded winners in the categories of Small and Medium Enterprises (SMEs) & Non-Governmental Organizations (NGOs) and Lifetime Achievement awards for individuals who received a total prize fund of US$4 million which includes a $500,000 prize that will be awarded to High Schools in 2013.
Speaking on the occasion, Jean-Pascal Tricoire said: “We are delighted on winning the ZFEP Award for Large Corporations. This award is a testimony to our commitment to sustainable development and reaffirms that we are moving in the right direction. We hope to continue leading the effort in resolving the global energy challenge with innovative and efficient solutions that curb energy waste, promote clean generation and influence consumption habits that respect and help resuscitate the environment.”
Schneider Electric was recognized for its work on clean-tech projects, which transcended beyond the company’s core business. Such initiatives include BipBop, the company’s pioneering corporate social responsibility (CSR) program that is based on ‘Business, Innovation, and People at the Base of the Pyramid’ and aims to develop access to reliable, affordable and clean energy for poor countries with limited or no access to electricity.
While the company is not subject to CO2 quotas, Schneider Electric publicly reports its CO2 performance through the Carbon Disclosure Project (CDP). For the CDP program, the company focuses on three sources of emissions: energy consumption at corporate sites, reduction of SF6 gas, and efficient freight control.
Schneider Electric also offers industry-leading solutions such as EcoStruxure, which optimizes energy management by combining electrical distribution, critical power and cooling services, automation and industrial as well as building control systems. Schneider Electric has additionally contributed to the Princess Elisabeth Antarctica station – a zero emission scientific research station.