Powering and Digitizing the Economy: The Formula for a Sustainable Future

Oct 18, 2019 3:00 PM ET
Summary: 

This is the first blog post of a series from Innovation Summit Barcelona 2019, a two-day event that brings together more than 3,500 industry professionals, solution experts, and IoT leaders to discuss about global trends, generate bold ideas and foster digital economy.

Blog

We are at a critical moment in history. This generation must be the one to create a sustainable future for our planet. At Schneider Electric, our mission is to find the formula to achieve this while at the same time enabling the world to continue to develop and progress. Against the backdrop of an energy transition, new industrial revolution, and accelerated digitization, it’s a great challenge which we’re ready to face.

Just last week, our Chairman and CEO Jean-Pascal Tricoire was in New York City at the 2019 United Nations’ Climate Action Summit, where Schneider and 87 other global companies agreed on a common path: halving its carbon footprints and achieving carbon neutrality within the next 10 years.

But that’s not all. At Schneider, we’re stepping up. As announced on September 23rd, the company is taking three new actions:

  • accelerating the 2030 goal of carbon neutrality in its extended ecosystem by five years to 2025;
  • setting net-zero operational emissions by 2030 as part of validated SBT target;
  • achieving a net-zero supply chain by 2050.

This is a big commitment, but it’s not bad for business. Exactly the opposite. As shown to over 3,500 industry professionals this week at our Innovation Summit in Barcelona, we believe this challenge can be met while driving business success, with innovative energy and automation digital solutions that foster efficiency and protect our planet.

Read more on the Schneider Electric blog