Schneider Electric Calls for Urgent Action in the Race to
Decarbonize by Accelerating Net Zero Pathways
- Innovation Summit World Tour 2021
urges rapid acceleration of carbon emission reduction to reach 2050
net zero ambition
- Expansion of consulting services
for meaningful sustainability progress
- Call to act 3-5 times faster and
halve emissions this decade, with smart, green electricity and
next-generation automation
Rueil-Malmaison
(France), October
12 2021– The
world can accelerate urgent climate action and halve carbon dioxide
(CO2) emissions by 2030, according to Schneider Electric, the
leader in the digital transformation of energy management and
automation, recognized as the World’s Most Sustainable Corporation
in 2021 by Corporate Knights. Kicking off the Innovation Summit
World Tour 2021, Schneider Electric Chairman and CEO Jean-Pascal
Tricoire’s keynote advocates achievable pathways to net zero set
out in the “The 2030 imperative: A race against time” report from
the Schneider Electric Sustainability Research Institute.
Schneider Electric’s flagship annual Innovation
Summit World Tour (October 12-November 12) will address global
climate challenges and guide customers, partners, regulators, and
policymakers on rapidly reducing emissions to decarbonize the
world’s economy in this decisive decade. Attendees will experience
Schneider Electric’s digital and sustainable innovation and learn
more about Electricity 4.0 and Next-generation automation.
Urgent need to act fast to
decarbonize
Tricoire’s Innovation Summit World Tour keynote
urges attendees to adopt critical decarbonization measures and
offers Schneider Electric’s own research as a blueprint to stay
within a global warming trajectory of 1.5°C degrees. This report
details the need to reduce emissions by 30-50 percent this decade,
compared to current levels. Missing this makes it virtually
impossible to limit temperature rise to a 1.5°C degree threshold as
outlined by the Intergovernmental Panel for Climate Change
(IPCC).
The Schneider Electric Sustainability Research
Institute modelling shows how 10GtCO2/y can be realistically and
affordably abated by 2030. The report focused on a subset of global
greenhouse gas emissions. Out of 50GtCO2e/y, “The 2030 Imperative”
scenario finds a 30% (10GtCO2e/y) abatement opportunity from a
30GtCO2/y baseline of all energy-related emissions, a significant
acceleration from current pledges (ranging around 3GtCO2e/y, which
is 10% of the emissions reduction target). There remains however
around 20GtCO2e/y of non-energy related emissions which is not
covered in this report's modelling.
Schneider Electric is calling for a 3-5 times
greater effort from governments and corporates. The Institute
believes the only realistic roadmap for success is to deploy proven
digital technologies alongside increased electrification as the
fastest way to decarbonize buildings, transport, and industry. This
approach buys time to address hard-to-abate sectors. Its modelling
clearly shows alternative pathways will place too high a burden on
consumers.
“Despite increased momentum around
sustainability and more companies adopting ambitious targets to
tackle climate change, this research reveals how we need to speed
up. At Schneider Electric, we are uniquely part of the solution. To
support organizations in their quest to decarbonize at pace and
deliver on their climate commitments, we are accelerating the
expansion of our global sustainability consulting services business
to meet the increasing demand for meaningful progress on energy
transition and climate action goals,” said Jean-Pascal Tricoire,
Chairman and CEO, Schneider Electric. “What organizations require
today is a trusted partner who combines strategic planning and
target setting with a proven track record of solutions
implementation to deliver faster, tangible sustainable outcomes.
Having successfully overcome many sustainability challenges
ourselves, and in so doing, achieved world-leading digital and
electric solutions in our own facilities, we are well-positioned to
help others go faster and further.”
Strategies and solutions to decarbonize
value chains
Building on its sustainability leadership and
the ambition of the 2021-2025 Schneider Sustainability Index,
Schneider Electric is accelerating its global sustainability
consulting business and expand on a 10-year track record of success
in energy and sustainability services.
Today, Schneider Electric is the world’s leader
in energy efficiency, energy management, renewable energy
procurement, carbon reporting, climate risk assessment, and supply
chain decarbonization, providing software and consulting services
to more than 30% of the Fortune 500. Customers include Johnson
& Johnson, Walmart, Faurecia, Kellogg, Takeda, Velux Group,
Unilever, and T-Mobile, among others.
Increasing demand for Schneider’s “ambition +
action” advisory services is behind this expansion, including:
- Climate action consulting, and
affiliated supply chain decarbonization and climate risk assessment
services,
- Communications services, including
ESG reporting/ratings and reputational and sustainability
claims,
- Circularity and traceability
services,
- ESG modules for the award-winning
EcoStruxure™ Resource Advisor platform to track societal and
governance metrics.
Being part of the solution through
digital disruption
As part of its ambition to drive sustainable
innovation and build net zero pathways, Schneider Electric helps
customers in many sectors to innovate and move to open,
interoperable, digital, and simplified systems and smarter ways of
doing business. At Innovation Summit World Tour, Schneider Electric
is unveiling digital innovation for carbon abatement in homes,
buildings, data centers, power grids, and industries.
- Electricity 4.0: Powering
the New Electric World with Smart Green Energy
Today, we are witnessing the convergence of
digital and electric at scale with software. Electric makes energy
green and the best vector for decarbonization. Digital makes energy
smart to drive efficiency and eliminate waste. This convergence
delivers ‘Electricity 4.0’, the fuel for a New Electric World.
Data Centers: The new APC™ Smart-UPS™ Ultra 5kW
is the industry’s first 5kW Uninterruptable Power Supply (UPS),
designed to deliver more power, flexibility, and intelligent
monitoring in the smallest footprint, freeing up valuable IT space
for edge applications. Schneider data center customers have reduced
their carbon footprint by 37%.
Smart Homes: Today, Schneider is announcing a
series of smart sustainable home solutions, including Wiser, that
help fight energy waste. By 2050, households are expected to be the
single largest consumer of electricity, and the biggest contributor
of CO2 emissions with as much as 34% generated by homes.
Resilient Digital Grids: Schneider’s range of
pure air SF6-free technology for net zero grids is extended with
the RM AirSeT Ring Main Unit and Modular Switchgear and the MCSeT
Active Medium Voltage Air Insulated Distribution Switchboard.
Smart Electrical Distribution: Rethinking
Schneider’s Low Voltage TeSys Giga, Canalis Busbar, PrismaSeT
Active, New Gen ComPacT, TransferPacT and EcoStruxure Power™
digital products will deliver a simpler, more sustainable, safe and
secure user experience for installer and service partners to
enhance the resiliency of the world’s growing digital economy, as
part of the Partnerships of the Future program.
- Industries of the
Future:
Resilient and
Sustainable with
Next-generation
Automation.
Step changes in efficiency and agility can be
achieved through artificial intelligence, digital twin technology,
human insight supported by advanced analytics, and vendor-agnostic
industrial software—including Performance Intelligence from
AVEVA.
EcoStruxure™ Automation Expert 21.2 provides
water and wastewater plants with complete life cycle management.
The world’s first software-centric automation system seamlessly
integrates IT and OT services, to boost security, increase system
longevity, and easily evolve over time. As a universal automation
solution, EcoStruxure™ Automation Expert can be implemented with
existing hardware. The virtualized controller can run on any
Windows or Linux edge computing device, providing industrial
enterprises with unprecedented flexibility. Digital collaboration
of this sort has the potential to unlock more than $100 billion in
value for industries.
EcoStruxure Machine increases efficiency
for machine builders and shortens their development time. With the
new Lexium MC12 multi carrier for transporting, grouping
and positioning products, OEMs can achieve greater productivity and
unprecedented flexibility with up to 40% savings on investment
costs and 50% faster machine installation and commissioning.
Combined with digital twin technology, the new multi carrier also
reduces machine design and time-to-market by up to 30%.
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
On.
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
values.
www.se.com
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