New Schneider Electric report outlines “Back to 2050”
Schneider experts on the ground in Glasgow to advance
decarbonization insights and solutions with business partners,
climate experts and influencers
October 29 2021 – Schneider
Electric, the leader in the digital transformation of energy
management and automation, is actively supporting global climate
change efforts at the upcoming COP26 meeting, with experts on the
ground and the release of a flagship report that offers fresh
perspectives on our planet’s pathway to decarbonization.
The 26th United Nations Climate Change
Conference of the Parties (COP26) taking place in Glasgow on 31
October - 12 November is widely considered critical to accelerating
global action to tackle the climate emergency.
Many climate experts, campaigners, and
corporates including Schneider Electric are urgently calling on
governments, businesses and societies do much more – and act much
faster – to ramp up the adoption of clean-energy, electrification,
energy-efficiency and other climate-positive technologies.
“We welcome the commitments already made by
numerous governments around the world, and hope that COP26 will
deliver more concrete actions in support of an accelerated
transition to net zero”, says Olivier Blum, Chief Strategy and
Sustainability Officer at Schneider Electric. “The private sector
is key in this race to a greener and fairer economy. That’s why we
continue to lead the charge, as a practitioner and an enabler, to
meet the goal of keeping global temperatures from rising more than
1.5ºC, in line with the Paris Agreement.”
Ranked the world’s most sustainable corporation
by media and research company Corporate Knights earlier this year,
Schneider Electric helps customers reduce their carbon footprints
via products and software tools that optimize energy management and
industrial processes. The company has a decades-long track-record
of spearheading and advocating action on environmental, social and
governance issues, and recently announced it is also expanding its
sustainability consulting practice.
To coincide with COP26, the Schneider Electric
TM Sustainability Research Institute is releasing a major new
report on how we could achieve net-zero by 2050 and limit global
warming to the critical 1.5ºC threshold.
Entitled “Back to 2050” and conducted with
energy intelligence company Enerdata, it assesses the long-term
impact on energy usage and associated CO2 emissions of changing
social expectations and up-and-coming, disruptive technologies such
as autonomous driving, decentralized clean-energy generation, smart
EV charging stations in buildings and the use of more digital tools
in infrastructure construction, among others.
“Our key finding is that changing consumption
patterns, driven by an appetite for the progress that new
technologies herald, will help bring about a less carbon-intensive
economy. In other words, keeping global warming to 1.5ºC may be
more feasible than we think, because as the economy modernizes and
provides increased benefits to people, it also decarbonizes,” says
Vincent Petit, Head of the Schneider Electric TM Sustainability
Research Institute and SVP of Global Strategy Prospective and
External Affairs at Schneider Electric. “What we need, however, is
to accelerate this trend by shifting the policy focus from being
purely infrastructure-centric to being more consumer-centric.”
While in Glasgow, Schneider experts will meet
customers and business partners to help them better understand the
tools that already exist to help decarbonize infrastructure,
buildings, data centers, industries, and cities.
They will also participate in panels and
roundtables with artists, campaigners, climate scientists, policy
makers, influencers, entrepreneurs, and innovators such as Bertrand
Piccard, Founder and Chairman of the Solar Impulse Foundation,
which is supported by the Schneider Electric Foundation.
The Schneider Electric Foundation, under the
aegis of Fondation de France, will also work with Art of Change 21
to highlight the important role that artists play in the ecological
transition by mobilizing youth and creating a dialogue between art,
technology, innovation and climate.
Note to Editors:
The Schneider Electric ™ Sustainability Research
Institute is the internal strategy think tank of Schneider
Electric. Its team of analysts conduct scenario modeling to enrich
our understanding of current and future sustainability landscapes,
highlighting obstacles and opportunities to accelerate global and
local transitions to a climate positive future.
- “Back to 2050” executive summary report can be read here.
- The Open Letter on Sustainability Reporting to the European
Commission, the Council of the European Union and the European
Parliament can be found here.
- The Open Letter “CEO Climate Alliance to world leaders: We
support you in taking decisive climate steps at COP26” can be found
Schneider Electric’s latest sustainability commitments can be
For more on the numerous sustainability-related (and other) awards
and rankings obtained by Schneider, go here.
Schneider’s top thought leadership content, including reports by
the Schneider Electric TM Sustainability Research Institute, can be
found on the newly-launched Schneider Electric Insights
About Schneider Electric
Schneider’s purpose is to empower all to
make the most of our energy and resources, bridging progress and
sustainability for all. We call this Life Is
Our mission is to be your digital
partner for Sustainability and Efficiency.
We drive digital transformation by integrating
world-leading process and energy technologies, end-point to cloud
connecting products, controls, software and services, across the
entire lifecycle, enabling integrated company management, for
homes, buildings, data centers, infrastructure and industries.
We are the most local of global
companies. We are advocates of open standards and
partnership ecosystems that are passionate about our shared
Meaningful Purpose, Inclusive and Empowered
- Schneider Electric releases key report on climate change as
part of COP26 engagement
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