Schneider Electric Calls to Accelerate Sustainability

Schneider Electric Calls to Accelerate Sustainability

Schneider Electric, the leader in the digital transformation of energy management and automation, today kicked off its Innovation Summit Hong Kong 2022 with a passionate call to accelerate digitalization for a more sustainable and efficient future, addressing the energy and climate challenges and setting out its approach and solutions in response.

Schneider Electric is widely recognized as a leader on environmental, social, and governance (ESG) issues, and its products, services and other activities help customers, suppliers, business partners and communities further their own progress on those fronts. The company has long advocated for taking action to reduce energy emissions, electrify and digitalize energy ecosystems, and ensure that all this is done with economic and people welfare in mind.

"We're in the midst of an energy transition that continues to evolve. Power consumption is projected to triple by 2050 as electrification and living standards grow, it's vital that we deploy all the technologies that are already available now to accelerate digitization, electrification, and sustainability. Schneider Electric strives to take the lead in contributing sustainable development by joining hands with corporates to fight against climate change. Industry needs to embrace innovation and technology which can be accessed as the enabler of digitalization and automation in order to achieve sustainability and efficiency in the long run." said Jonathan Chiu, President of Schneider Electric Hong Kong.

Recently, Schneider Electric issued a new survey titled "Building a Greener and Smarter Hong Kong" in partnership with the Business Environment Council to understand the readiness and challenges of businesses and leaders in sustainable transformation.

Innovation Summit Hong Kong 2022 will bring together numerous industry leaders who will discuss ways to harness digital technologies to address common climate challenges and turn net-zero ambitions into reality.

During the event, Schneider Electric is also showcasing its commitment to digitization and electrification by partnering with customers in different segments to innovate and move to a more sustainable way of doing business.

Given the critical need to achieve energy efficiency and sustainability, Schneider Electric's cloud-based EcoStruxure™ energy management platforms including EcoStruxure™ Resource Advisor and EcoStruxure™ Building Advisor, have been deployed by Hang Lung Properties to manage 20 properties across its Hong Kong and Mainland China portfolio. This has been done to enhance energy management and sustainability performance, monitor and track energy usage for identifying opportunities to optimize energy performance to accelerate corporate sustainability.

"Hang Lung Properties has been actively looking for ways to decarbonize our business and we target to reduce our greenhouse gas emissions intensity by 40% by 2025. With the deployment of the cloud-based EcoStruxure platform, we can remotely collect, analyze and visualize all ESG and GHG data about assets across our portfolio at ease.

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.