At Schneider Electric, we understand that we must work together today to co-create a more sustainable world. We believe in making a low-carbon economy a reality now, both for businesses, and the world’s most vulnerable populations alike. One in seven people still lacks electricity, and most of them live in rural areas of the developing world.1 We look to the United Nation’s Sustainable Development Goals for inspiration to do our part in ensuring access to affordable, reliable, sustainable, and modern energy access for all.
New initiative will work to meet goals of Paris Agreement through mobilization and deployment of private sector capital
Today at the One Planet Summit in New York the UN Secretary-General tapped his Special Envoy for Climate Action Mike Bloomberg to lead a new Climate Finance Leadership Initiative to mobilize private finance in support of the Paris Agreement goals.
What is your company doing to turn business development into something sustainable? Increasingly, the data shows that organizations taking initiative to address climate change are positioning their business to succeed both in the market and as advocates for social change. Sustainable development isn’t just about improving the world for future generations — it’s a meaningful purpose for today and tomorrow.
A new movement has begun, with more than 300 companies coming together to lead the fight against climate change.
The need for a low-carbon future has become undeniable, a conclusion supported by the Paris Climate Agreement. The expansion of an unchanged energy system, with anything close to current levels of carbon-dioxide (CO2) intensity, would likely lead to global warming in excess of 4 degrees Celsius by the end of the century— a crisis scientists agree would cause widespread and disastrous ecological problems.
As sustainability leaders from around the world gather at the One Planet Summit, we’re reminded of the urgency of the climate crisis and inspired by those who, together, are rising to meet the challenge head on.
Two years ago, the Paris Climate Agreement gave us all a clearer understanding of what’s at stake. Limiting global temperature rise this century to less than two degrees Celsius above pre-industrial levels is essential if we are to avoid widespread, disastrous ecological problems.
Paris, December 12, 2017 – Two hundred thirty-seven companies with a combined market capitalization of over $6.3 trillion have publicly committed to support the Task Force on Climaterelated Financial Disclosures (TCFD). This includes over 150 financial firms, responsible for assets of over $81.7 trillion. The TCFD announced the growing support at the One Planet Summit hosted by French President Emmanuel Macron celebrating the two year anniversary of the Paris Agreement. The Task Force, led by Michael R.
Watch the Interview with Our Sustainability SVP, About COP23 Main Take-aways
Multimedia with summary
“Schneider Electric’s participation in COP23 has become a tradition for many years. We are in these meetings to better understand stakes, especially for climate change, and to discuss with other stakeholders to find the right solutions.” -- Gilles Vermot Desroches, Senior Vice President, Sustainability, Schneider Electric
Regarding climate, I am neither optimistic nor pessimistic. I am an activist.
The big picture is clear. It is our corporate duty to fight climate change brought on by carbon emissions. But we are running against the clock and we must act now. As the Paris climate agreement maps out, we must limit global warming to 2°C above preindustrial levels.
Sustainability is in Schneider Electric’s DNA. It is rooted in everything we do. Our mission is to help our customers meet their sustainability goals while continuing to grow their business.
But we must start with ourselves. We know that sustainable businesses are more innovative, efficient and having more engaged employees. Businesses really canreduce their resource consumption while thriving in today’s economy. The following are key learnings from our sustainability program.