Schneider Electric enabling energy transition
A groundswell of new technology means that it's increasingly easier for companies to meet their energy and environmental goals
Every year, companies spend more than $450 billion on energy and sustainability initiatives while 63% of Fortune 100 companies have set clean energy targets. That’s a clear indication that companies recognize the positive benefits these efforts bring. There is ample proof to validate the same.
Organizations that actively manage for climate change see an average of 67% higher return on equity than companies that don’t.
In addition, the nearly 80,000 emission-reducing projects reported by 190 Fortune 500 companies in 2016 returned almost $3.7 billion in savings.
A groundswell of new technology means that its increasingly easier for companies to meet their energy and environmental goals.
For corporate leaders, this creates an opportunity and a challenge: more technology enables greater resource efficiency with new financial upside. But it also takes greater due diligence in an increasingly complex marketplace.
As part of the French Business Council of Dubai’s gala dinner under the theme of ‘la lumière et aux lumières’ which translates into ‘Light and Enlightenment’, Schneider Electric, the leader in digital transformation of energy management and automation in homes, buildings, data centers, infrastructure and industries, accelerates its ambition and celebrates its longstanding commitment for climate notably by helping its customers to save 100 million tons of carbon emissions thanks to cleantech solutions.
Schneider has also aligned with the French Pavilion to participate in the Expo 2020 Dubai to showcase ‘Energy’ as the basis of economic development and open new doors that facilitate access to healthcare, agriculture and better overall living conditions.
Ultimately, Schneider’s aim is to exchange best practices with members of the French Business Council Dubai, and with organizations across the Arabian Gulf, and worldwide.
According to a recent study led by Schneider Electric in partnership with GreenBiz media, companies with public energy and/or sustainability goals see greater benefit in terms of productivity and efficiency. According to it, more than 50% of companies that have set public goals are more likely to adopt innovative solutions, are more successful in securing project funds, and are more likely to have greater results.