Schneider Electric does not only help clients to identify sustainability opportunities, but also asses risks that companies may face and help them be more resilient
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According to findings from the International Energy Agency’s World Energy Outlook, energy consumption is expected to increase by 50% between 2005 and 2030. In order to ensure decarbonization goals are met in response to the climate crisis, the world energy markets are facing an inevitable transformation today.
Energy decentralization means customers can now produce their own energy, and we can go one step further to help them be sustainable, efficient and productive. Schneider Electric is innovating to help customers navigate the new energy landscape at the upcoming Innovation Summit Singapore.
If the world is going to become more sustainable, we all need to know where we stand — how much energy we’re using and how to use energy more intelligently. The convergence of the Internet of Things (IoT) and energy gives us a tremendous opportunity to tap the value of data — especially data in context — to advance sustainability across buildings, data centers, industry, and infrastructure.
Decades ago, sustainability and environmental concerns emerged as scientific studies began to uncover the harm being done to the planet by development and industry. Some corporations reacted to this trend by trying to demonstrate how they were working to use fewer resources or to offset their carbon footprint. Sustainability and environmental responsibility were risk mitigation — as a burden for corporations to bear lest their reputation be damaged in the public eye.
In today’s digital economy, a new breed of buildings is emerging. As a key ingredient in expanding urban landscapes, buildings of all types are undergoing a major technological shift toward greater efficiency and sustainability, driven by connected technologies, big data and analytics.
As the world continues through large transitions, including increased digitization and the seemingly endless demand for more energy, accurate data collection has become a priority — the foundation of successful innovation and collaboration. Realizing this need, many companies have initiated efforts to collect energy data. This admirable and critical first step is not enough, however.
The brilliant Dutch painter Vincent Van Gogh once observed: "Great things are not done by impulse, but by a series of small things brought together." His sentiment, expressed in a letter to his brother, was specific to artistic inspiration but it also has very real relevance for the way in which corporate strategy unfolds.