Schneider Electric, a leader in the digital transformation of energy management and automation, has called for greater collective action to decarbonise the global economy and ensure a fair and inclusive transition to net zero. 

 

Spelling out the actions it is taking at the upcoming COP28 United Nations Climate Change Conference to support these efforts, Schneider said its delegates will highlight the untapped potential of electrification, automation and digital technologies and showcase the social and economic benefits of deploying such solutions in industries, buildings, homes, data centres, infrastructure and transportation.

 

Thousands of government and private-sector leaders, climate experts, NGOs, youth groups and other stakeholders will gather for the event, which takes place in Dubai from November 30 to December 12, to foster collaboration, exchange ideas and initiatives to tackle climate change and deliver on common sustainability ambitions. 

 

Global Stocktake

A key focus will be the publication of the first Global Stocktake, a comprehensive assessment of progress achieved since the 2015 Paris Climate Change Agreement.

 

“We have plenty of technologies at our disposal today. It’s time to recognise 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 realise – and that inaction is simply not an option,” said Peter Herweck, CEO of Schneider Electric.

 

Releasing insights

The company will host discussions and showcase solutions in the COP28 Technology & Innovation Hub. Schneider Electric delegates will participate in a number of panel discussions to share news and insights on corporate decarbonisation, youth empowerment and supply chain engagement. In addition, Schneider will:

 

*Release fresh geographically relevant insights on ways to accelerate decarbonisation, building on its Back to 2050 research

 

*Extend several Schneider Electric Foundation partnerships, in line with its longstanding mission to support the empowerment of younger generations and women through education and training in the energy sector

*Announce new strategic partnerships and initiatives to extend the decarbonisation of its supply chain, and launch a report on supply chain decarbonisation developed in partnership with Women Action Sustainability (WAS).

 

Optimising energy use

“As the world’s population continues to grow and economies develop, our need for clean and affordable energy will continue to grow. Optimising how we consume energy must be an integral part of collective, fair and inclusive climate action,” said Jean-Pascal Tricoire, Chairman of Schneider Electric. 

 

“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.”--TradeArabia News Service