Singapore, April 28, 2023 – Schneider Electric, the leader in the digital transformation of energy management and automation, has announced the 2023 first quarter results of its Schneider Sustainability Impact (SSI) programme, alongside its financial results for the quarter.
Coming just one month after the Intergovernmental Panel on Climate Change (IPCC) published its latest synthesis report outlining the dramatic cost of global inaction on climate change, Gwenaelle Avice-Huet, Schneider Electric’s Chief Strategy and Sustainability Officer, commented that “This report reminds us that there is still a very short window of time to act. The good news is that solutions to reduce emissions are already available. Every day, every week, and every quarter matter, and we’re doing everything to accelerate our efforts methodically, systematically, and collaboratively.”
This quarter, Schneider showed good progress in terms of:
- Climate and Resources by continually helping its customers to reduce their carbon footprint thanks to solutions that save or avoid carbon emissions. The company also made significant headway on the Zero Carbon Project, which is part of ongoing efforts to reach Net-Zero across Schneider’s value chain by 2050, per a roadmap validated by the Science Based Targets initiative (SBTi).
- Equal and Generations initiatives by crossing the threshold of 40 million people gaining access to clean and reliable electricity, and with over 430,000 people now trained in energy management. Schneider Electric’s unique approach addresses the energy paradox by balancing the need to reduce energy-related carbon emissions globally while also empowering communities to grow the necessary skills base to support their future energy needs and close the energy access gap.
To understand more about Schneider Electric’s commitments and journey as an Impact company, read its latest sustainability reports.
Related resources:
- Schneider Electric’s first-quarter 2023 Financial and Extra-financial release
- Frequently Asked Questions (FAQ)
- Sustainability Disclosure Dashboard
About Schneider Electric
Schneider’s purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On.
Our mission is to be your digital partner for Sustainability and Efficiency.
We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries.
We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.
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