Schneider Electric's Business Case for One Planet Prosperity
By July 29, 2019, humanity’s demand for nature will exceed what Earth’s ecosystems can replenish during the entire year. It is Earth Overshoot Day and the 2019 date is the earliest ever. Since overuse is only possible for a limited duration in time, human demand on nature will be brought in balance with what Earth can provide – the question is whether this happens by design or disaster.The good news is that the current trend can be reversed. In fact, not only is ‘one-planet compatibility’ within reach, but it is the strategic compass that can guide businesses to their own long-term success.
For the last two years... Schneider Electric has been working with Global Footprint Network to gauge its activities against one-planet compatibility using Ecological Footprint accounting. This simple yet impactful approach provides businesses with a critical metric to answer this strategic question: “Are my products and services aligned with moving customers and humanity out of ecological overshoot?”