Schneider Electric to Advocate for Rapid and Equitable Net-Zero Transition at COP28

Schneider Electric to Advocate for Rapid and Equitable Net-Zero Transition at COP28

(IN BRIEF) Schneider Electric, a leader in energy management and automation, is participating in the COP28 United Nations Climate Change Conference in Dubai. The company’s CEO and Chairman will attend the conference to advocate for an accelerated and equitable transition to net-zero emissions. Schneider Electric will focus on the potential of electrification, automation, and digital technologies to reduce carbon emissions across various sectors. The company will host discussions, release research findings, extend partnerships, and announce new initiatives to support decarbonization efforts and sustainability goals. Schneider Electric emphasizes the urgency of adopting existing technologies for a more sustainable future.

(PRESS RELEASE) RUEIL-MALMAISON, 23-Nov-2023 — /EuropaWire/ — Schneider Electric (EPA: SU), a global leader in energy management, digital transformation and automation active in more than 100 countries, is set to participate in the COP28 United Nations Climate Change Conference taking place in Dubai from November 30 to December 12. The company’s CEO and Chairman will attend the conference to promote pathways for an accelerated and equitable energy transition towards net-zero emissions.

The COP28 conference will bring together government leaders, private-sector representatives, climate experts, NGOs, and youth groups to collaborate on climate change solutions and sustainability goals. A major focus of the event will be the release of the first Global Stocktake, a comprehensive assessment of progress since the 2015 Paris Climate Change Agreement.

Schneider Electric will emphasize the untapped potential of electrification, automation, and digital technologies in reducing carbon emissions. They will highlight the social and economic benefits of deploying these solutions across various sectors, including industries, buildings, homes, data centers, infrastructure, and transportation.

Peter Herweck, CEO of Schneider Electric, stressed the urgency of accelerating the adoption of existing technologies to achieve sustainability goals. “We have plenty of technologies at our disposal today. It’s time to recognize that deploying these at much greater speed and scale brings social, environmental, economic and job-creation benefits, that they can lower emissions and costs faster than many realize – and that inaction is simply not an option,”

During the conference, Schneider Electric will host discussions and showcase solutions in the COP28 Technology & Innovation Hub. Company representatives will participate in panel discussions covering topics such as corporate decarbonization, youth empowerment, and supply chain engagement. Schneider Electric will also:

  • Release geographically relevant insights on accelerating decarbonization, building on its Back to 2050 research.
  • Extend partnerships with the Schneider Electric Foundation to support education and training for younger generations and women in the energy sector.
  • Announce new strategic partnerships and initiatives to further decarbonize its supply chain, along with a report on supply chain decarbonization developed in collaboration with Women Action Sustainability (WAS).

Jean-Pascal Tricoire, Chairman of Schneider Electric, emphasized the importance of energy efficiency and clean, affordable energy as the global population and economies continue to grow. “As the world’s population and economies continue to grow, we must develop energy efficiency as well as clean, affordable energy. New technologies of digitization of everything leveraging IoT, big data and AI, as well as low-carbon electrification are the two major disruptors of our relationship to energy. Accelerated adoption of these technologies and new ways of designing are essential pillars of innovative, collective, fair and inclusive climate action. The corporate world, including impact companies like ours, needs to be a player and enabler of sustainability action worldwide, inspiring and supporting governments, societies, the academic and business world, and others, to accelerate action.”

Schneider Electric’s active participation in COP28 reflects its commitment to advancing global decarbonization efforts and promoting sustainable, equitable solutions for a greener future.

Global PR Central Team

SOURCE: Schneider Electric


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