Showing posts with label #Electricity. Show all posts
Showing posts with label #Electricity. Show all posts

Tuesday, July 15, 2025

Schneider Electric named the World’s Most Sustainable Company by TIME Magazine and Statista

PARIS – June 25, 2025 – Schneider Electric, the leader in the digital transformation of energy management and automation, has been named the “World’s Most Sustainable Company 2025” by TIME Magazine and Statista. This is Schneider Electric’s second consecutive year atop the list, which ranks 500 of the World’s Most Sustainable Companies.

This recognition reflects Schneider Electric’s consistent progress toward its own sustainability goals, as well as its commitment to helping its customers become more energy efficient and reduce their emissions. The company continues to show transparent progress against its ambitious sustainability goals, which include a 25% absolute carbon reduction across its entire value chain by 2030 and Net- Zero CO2 emissions across the entire value chain by 2050. The company’s SBTi-validated Schneider Sustainability Impact 2021-2025 (SSI) program acts as its roadmap, enabling sustainable progress, not just for Schneider Electric and its partners, but also for its customers and local communities.

“We’re incredibly honored to be recognized as the world’s most sustainable company for the second year in a row,” said Olivier Blum, CEO of Schneider Electric. “As a technology company, our goal is to be the trusted partner of our customer to deliver efficiency and sustainability. At Schneider, sustainability is at the heart of everything we do. We strive to be an Impact Company—where performance is the foundation. Our purpose drives us to engage our entire ecosystem, our mission positions us as part of the solution, and our culture sets us apart. This holistic approach ensures that every aspect of our operations and value chain contributes to a more sustainable world.”

The ranking evaluates a pool of 5,700 companies across 20 key performance indicators, ultimately naming 500 of the World’s Most Sustainable Companies. It assesses factors such as Scope 1 and 2 emissions and energy consumption relative to company size, emissions reductions, and the proportion of renewable energy used in operations. It also considers external factors, including sustainability ratings and commitments, corporate reporting practices, and environmental and social performance indicators.

Schneider Electric has also been named the World’s Most Sustainable Corporation 2025 by Corporate Knights and is the only company to rank first in its Global 100 twice. The French company has also been named Most Sustainable Corporation in Europe and in France by Corporate Knights.

Friday, April 5, 2024

Schneider Electric Reveals 99% of Filipino Companies have Established Sustainability Goals, Recommends Digitalization for Profitability and to Cut Carbon Emissions

Schneider Electric Reveals 99% of Filipino Companies have Established Sustainability Goals, Recommends Digitalization for Profitability and to Cut Carbon Emissions

MANILA, PHILIPPINES – Schneider Electric, a global leader in energy management and digital automation, unveils findings from its annual Sustainability Survey, which was conducted with the global research firm, Millieu Insight.

Results show that 60% of APAC’s business leaders feel that their company and country view sustainability as a ‘high priority’. In terms of the industry’s perception on digital transformation, 94% of business leaders agree that electrification is key to their corporate sustainability strategy. In the Philippines, 99% of our local business leaders have established goals to achieve Net Zero in their operations.

The survey engaged 4,500 C-level to Middle-level business leaders across nine countries in Southeast and East Asia, including the Philippines. The objective is to gauge sentiments and actions on sustainability within APAC and the local business community.

“We are seeing a growing trajectory towards greater sustainability integration into our local industries’ operations. As a leader in sustainable energy management solutions, Schneider Electric is reaffirming its commitment to support the business industry and the government in their pursuit towards their shift to green energy,” said Ireen Catane, Country President of Schneider Electric Philippines.

Intention vs. Action: The Green Action Gap

The Green Action Gap, a Schneider Electric identified metric used to estimate the rift between the organizations' declared commitment towards their sustainability goals and the tangible actions to implement sustainable development by companies. It reveals that while 99% of the surveyed leaders have established sustainability plans, only 58% have set their plans in action. The reasons captured include: poor incentives, regulations uncertainty, bureaucratic challenges, market data references insufficiencies and lack of business priority. While challenges persist, this gap serves as a rallying call for urgent efforts to bridge intentions with actions.

Across the region, the top reasons reported for pursuing corporate sustainability were innovation and competitiveness (39%) and an increase in business opportunities (37%) with countries in Southeast Asia most likely to agree that sustainability contributes to business growth. Risk management, reputation and opportunity for cost saving round out the top five motivating factors companies consider when making decisions around sustainability strategy.

Most business leaders across the region (82% on average) believe that providing more incentives is more effective than enforcing penalties to encourage private sector compliance with government sustainability goals.

“We are encouraged by the growing awareness and commitment among Asia's companies to establish sustainability goals. However, the survey's findings on the intention-action gap reveal that there is still work to be done. As we navigate the urgent need for sustainability, it becomes more crucial for businesses and the public sector to collaborate and leverage innovative solutions to create a more sustainable future,” Catane emphasized.

Schneider Electric

Electricity 4.0: Path to Net Zero

To be on track for a net zero world in 2050, businesses need to reduce emissions by 50% this decade. At the recently concluded Philenergy Expo 2024, Schneider Electric introduced its global vision, Electricity 4.0, which shows how digitalization is the key to mitigate climate and energy crises.

From the survey report, results show that 97% of Philippine companies agree/strongly agree that digitalization is a key sustainability driver. The same number also consider energy efficiency as a core aspect of their sustainability plan.

“Electricity is the cleanest and most visible form of energy. By building a smart electric world where everything is interconnected, people will have the ability to optimize safety, reliability, performance, and lifespan. All while working towards achieving our global carbon neutrality goal by 2050,” says Catane.

Schneider Electric offers a range of cutting-edge integrated solutions tailored to help businesses in the Philippines digitize, decarbonize, and strategize.

The company’s proprietary EcoStruxure solution, combines hardware and software to connect an enterprise, from the shop floor to the top. This enables users to track and make iterations on their operations real-time allowing for optimized operations and reduced energy consumption.

“With digitization, energy shifts from being the biggest driver of carbon emissions to the biggest opportunity for carbon reduction. We have the tools that we need to drive change. All we need to do is to work together to make that happen,” Catane added.