Businesses have no time to waste when it comes to reducing their carbon footprint. This is no easy task, as the ominous goal of reaching net-zero emissions by 2050 looms over the planet.
In a recent presentation at a Sustainability Live event, Barry Hurst, Energy & Sustainability Director at Schneider Electric, discussed Schneider’s sustainability and emissions reduction journey, which has led the company to be recognized among the most sustainable companies in the world.
In just 3 years, Schneider Electric has halved our own carbon footprint. But we aren’t settling for reducing emissions only within our walls; we’re dedicated to using our tools to help other companies do the same. Through the Zero Carbon Project, we’re helping our suppliers to decrease their emissions by over 50% in the next 4 years, and through our green products and sustainability consulting services, we support our customers in delivering on their own sustainability ambitions.
Sustainability is not just about the present; by nature, it’s a long-term approach to doing business:
- Sustainable companies can finance their operations at a lower rate, increasing profitability.
- Studies show that the top quarter of sustainable companies have experienced a 4-25% increase in revenue for their green products.
- Over half of new talent has sustainability as their number one consideration when seeking career opportunities.
“When done right, sustainability pays. It is an opportunity, not a threat.”
- Barry Hurst, Energy & Sustainability Director, Schneider Electric
Watch the recording of our recent webinar with MSCI and BlackRock, From Requirement to Opportunity: The Evolving World of ESG, to learn more on how having a leading sustainability practice is resonating with the financial community's appetite for ESG-focused investment strategies and how to align your company’s disclosures with what is most important to investors.