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Schneider Electric recognised by CDP as world leader for corporate action & climate change transparency

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The Schneider Electric Group remains among the best climate performers in the Climate “A” List by CDP for the fifth consecutive year. Schneider Electric is also listed on the Disclosure Index with a score of 100/100 for its high quality carbon emissions and energy data.

Schneider Electric, the global specialist in energy management and automation, announced today that it has been recognised as a global leader for its actions and strategies in response to climate change, and has been awarded a position on The Climate “A” List by CDP, the international not-for-profit that drives sustainable economies, for the 5th year in a row. The Group is also awarded a position on the Climate Disclosure Leadership Index (CDLI) for its high quality data on carbon emissions and energy.

At the request of 822 investors who represent US$95 trillion in assets, thousands of companies submit annual climate disclosures to CDP. The reported data are independently assessed against CDP’s scoring methodology and marked out of 100. Those organisations graded within the top 10% constitute the CDLI. With a score of 100/100, Schneider Electric is one of the 9 French companies listed on the CDLI.

In addition to this index, CDP also releases The Climate “A” List, which comprises companies from around the world that have been identified as leading in their efforts and actions to combat climate change in the past CDP reporting year. For the 5th year in a row, Schneider Electric is among the 5 per cent of companies that have been awarded an A grade for their performance. The Group is also one of the only five French companies to appear on the Climate “A” List this year.

Jean-Pascal Tricoire, Chairman and CEO at Schneider Electric (pictured), comments: “Schneider Electric is very proud to receive the highest rating of 100 and to be on the A list for the 5th year in a row. We have steadily gained in rating: in 2011, we were 91 out of 100 and last year 99 out of 100.

“In a world where the need for energy will continue to increase, it shows our strategic commitment to help customers make their ecosystem safe, reliable, efficient and sustainable, and to achieve more with less resources in a more connected, distributed and smart world. For Schneider Electric, naturally, this rating invites and urges us to continue delivering on our commitments without any compromise.”

 The two indexes are released today in CDP’s annual global climate change report, three weeks ahead of Climate Change Conference in Paris (COP21), when national leaders meet to agree a global deal to reduce carbon emissions and limit temperature warming. The report tracks five years of progress from the world’s largest listed companies. It reveals the extent to which corporations have shifted their strategies over the past five years to become part of the solution to the climate challenge.

CDP’s executive chairman and co-founder Paul Dickinson says: “The influence of the corporation is mighty. We congratulate the A List companies that are illuminating the path to a low carbon future through their climate leadership. The momentum of business action on climate change suggests we are reaching a tipping point, where companies are poised to achieve their full potential. They need ambitious policy at both a national and international level that will support them in this regard and will catalyse participation from industry at scale.”

Schneider Electric has been integrating sustainable development at the heart of its strategy, for the past ten years. Since 2005, the Planet & Society Barometer has been used as the company sustainable development scorecard. It highlights a 3-year commitment to specific objectives that advance three pillars, Planet Profit and People. The Planet & Society Barometer guarantees transparency and accountability. A simple scoring scale of 10 provides an overall measure of the Group’s sustainable development improvements.

In 2015, Schneider Electric publishes its new Planet & Society Barometer for the years 2015 to 2017, consisting of 16 progress plans articulating around five megatrends defined for the Group: climate, circular economy, development, ethics, health and equity. The Group is therefore proving its ambition to be positioned as a player in social and environmental innovation. It reinforces the Group’s willingness to intensify its efforts to build a low carbon future.

CDP’s annual global climate change report, along with the climate scores of all companies publicly taking part in CDP’s climate change program this year, is available on CDP’s website.

Energy

7 New Technologies That Could Radically Change Our Energy Consumption

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Energy Consumption
Shutterstock Licensed Photo - By Syda Productions | https://www.shutterstock.com/g/dolgachov

Most of our focus on technological development to lessen our environmental impact has been focused on cleaner, more efficient methods of generating electricity. The cost of solar energy production, for example, is slated to fall more than 75 percent between 2010 and 2020.

This is a massive step forward, and it’s good that engineers and researchers are working for even more advancements in this area. But what about technologies that reduce the amount of energy we demand in the first place?

Though it doesn’t get as much attention in the press, we’re making tremendous progress in this area, too.

New Technologies to Watch

These are some of the top emerging technologies that have the power to reduce our energy demands:

  1. Self-driving cars. Self-driving cars are still in development, but they’re already being hailed as potential ways to eliminate a number of problems on the road, including the epidemic of distracted driving ironically driven by other new technologies. However, even autonomous vehicle proponents often miss the tremendous energy savings that self-driving cars could have on the world. With a fleet of autonomous vehicles at our beck and call, consumers will spend less time driving themselves and more time carpooling, dramatically reducing overall fuel consumption once it’s fully adopted.
  2. Magnetocaloric tech. The magnetocaloric effect isn’t exactly new—it was actually discovered in 1881—but it’s only recently being studied and applied to commercial appliances. Essentially, this technology relies on changing magnetic fields to produce a cooling effect, which could be used in refrigerators and air conditioners to significantly reduce the amount of electricity required.
  3. New types of insulation. Insulation is the best asset we have to keep our homes thermoregulated; they keep cold or warm air in (depending on the season) and keep warm or cold air out (again, depending on the season). New insulation technology has the power to improve this efficiency many times over, decreasing our need for heating and cooling entirely. For example, some new automated sealing technologies can seal gaps between 0.5 inches wide and the width of a human hair.
  4. Better lights. Fluorescent bulbs were a dramatic improvement over incandescent bulbs, and LEDs were a dramatic improvement over fluorescent bulbs—but the improvements may not end there. Scientists are currently researching even better types of light bulbs, and more efficient applications of LEDs while they’re at it.
  5. Better heat pumps. Heat pumps are built to transfer heat from one location to another, and can be used to efficiently manage temperatures—keeping homes warm while requiring less energy expenditure. For example, some heat pumps are built for residential heating and cooling, while others are being used to make more efficient appliances, like dryers.
  6. The internet of things. The internet of things and “smart” devices is another development that can significantly reduce our energy demands. For example, “smart” windows may be able to respond dynamically to changing light conditions to heat or cool the house more efficiently, and “smart” refrigerators may be able to respond dynamically to new conditions. There are several reasons for this improvement. First, smart devices automate things, so it’s easier to control your energy consumption. Second, they track your consumption patterns, so it’s easier to conceptualize your impact. Third, they’re often designed with efficiency in mind from the beginning, reducing energy demands, even without the high-tech interfaces.
  7. Machine learning. Machine learning and artificial intelligence (AI) technologies have the power to improve almost every other item on this list. By studying consumer patterns and recommending new strategies, or automatically controlling certain features, machine learning algorithms have the power to fundamentally change how we use energy in our homes and businesses.

Making the Investment

All technologies need time, money, and consumer acceptance to be developed. Fortunately, a growing number of consumers are becoming enthusiastic about finding new ways to reduce their energy consumption and overall environmental impact. As long as we keep making the investment, our tools to create cleaner energy and demand less energy in the first place should have a massive positive effect on our environment—and even our daily lives.

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Energy

Responsible Energy Investments Could Solve Retirement Funding Crisis

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Energy Investments
Shutterstock / By Sergey Nivens | https://www.shutterstock.com/g/nivens

Retiring baby-boomers are facing a retirement cliff, at the same time as mother nature unleashes her fury with devastating storms tied to the impact of global warming. There could be a unique solution to the challenges associated with climate change – investments in clean energy from retirement funds.

Financial savings play a very important role in everyone’s life and one must start planning for it as soon as possible. It’s shocking how quickly seniors can burn through their nest egg – leaving many wondering, “How long your retirement savings will last?

Let’s take a closer look at how seniors can take baby steps on the path to retiring with dignity, while helping to clean up our environment.

Tip #1: Focus & Determination

Like in other work, it is very important to focus and be determined. If retirement is around the corner, then make sure to start putting some money away for retirement. No one can ever achieve anything without dedication and focus – whether it’s saving the planet, or saving for retirement.

Tip #2: Minimize Spending

One of the most important things that you need to do is to minimize your expenditures. Reducing consumption is good for the planet too!

Tip #3: Visualize Your Goal

You can achieve more if you have a clearly defined goal in life. This about how your money can be used to better the planet – imagine cleaner air, water and a healthier environment to leave to your grandchildren.

Investing in Clean Energy

One of the hottest and most popular industries for investment today is the energy market – the trading of energy commodities. Clean energy commodities are traded alongside dirty energy supplies. You might be surprised to learn that clean energy is becoming much more competitive.

With green biz becoming more popular, it is quickly becoming a powerful tool for diversified retirement investing.

The Future of Green Biz

As far as the future is concerned, energy businesses are going to continue getting bigger and better. There are many leading energy companies in the market that already have very high stock prices, yet people are continuing to investing in them.

Green initiatives are impacting every industry. Go Green campaigns are a PR staple of every modern brand. For the energy-sector in the US, solar energy investments are considered to be the most accessible form of clean energy investment. Though investing in any energy business comes with some risks, the demand for energy isn’t going anywhere.

In conclusion, if you want to start saving for your retirement, then clean energy stocks and commodity trading are some of the best options for wallets and the planet. Investing in clean energy products, like solar power, is a more long-term investment. It’s quite stable and comes with a significant profit margin. And it’s amazing for the planet!

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