In 1987, the Brundtland Report was published and the term sustainable development was coined. One of the key concepts of the Brundtland report has been to give priority to the needs of the world’s poor. However, 20 years after its publication, 1.1 billion people worldwide are still lacking the basic access to electricity and 87 percent live in rural areas. At Schneider Electric, sustainability is at the heart of our company strategy and we strive to solve the global energy dilemma as we believe that access to energy is a basic human right.
Yet today’s energy demands on the planet are enormous with global primary energy demand expected to increase 32 percent by 2040. How do we meet the increased energy demand while undertaking the challenge of bringing clean energy to everyone? How can we balance this energy paradox responsibly? Our future depends on how we meet the energy challenge and how we create more efficient, more sustainable and more innovative solutions to ensure that Life is On™ everywhere.
2 degrees Celsius
This is the limit in global temperature rise if we are to avoid irreversible damage to our planet and thus our society. To keep global temperatures from rising, greenhouse gas emissions need to fall as much as 70% around the world by 2050 and to zero by the end of this century. Yet, greenhouse gas emissions will rise with the increase in energy demand while a decrease by 41% is required for the world to achieve the environmental targets, outlined at Paris Climate Conference (COP21). We are committed to solving this challenge and at COP21 in December 2015 we announced to become a carbon neutral company by 2030 with 10 commitments to support our sustainability objectives.
Our continuous efforts in sustainability haven’t gone unnoticed and we have been named Industry Leader in the DJSI World and Europe Index for the 4th consecutive year. The index is the result of annual evaluation of companies’ sustainability practices in which over 3,400 listed companies around the world are analyzed, based on questions focusing on economic, environmental and social factors. While we are honoured by this recognition, climate change remains a global challenge and a challenge for everyone.
Tackling the energy challenge
Energy efficiency targets can only be met through the right energy mix with a focus on increasing the share of renewable energy and innovative solutions. Solar energy combined with our innovative solar and energy storage solutions provide a reliable, powerful and environmentally safe alternative. With more than 15 years of experience in solar and energy storage management, we help companies minimize their carbon footprint and meet the challenges of today and tomorrow.
For more information, view Strategy & Sustainability Highlights 2015 – 2016.