• Schneider Electric champions electrification and digitalization to accelerate decarbonization.
• New research shows sustainable building design can significantly reduce embodied carbon and energy consumption.
• The company highlights the strategic role of tax credit transfers in promoting clean energy investments.

Schneider Electric, a global leader in energy management and automation, made waves at Climate Week NYC 2024, revealing new decarbonization strategies aimed at advancing sustainability across industries. With a focus on electrification and digitalization, the company emphasized the urgent need to align global efforts with ambitious renewable energy and efficiency goals.

“Electrification and digitalization are at the heart of our strategy to accelerate decarbonization,“ said Jean-Pascal Tricoire, Chairman of Schneider Electric. “The energy landscape is rapidly evolving, offering businesses unprecedented opportunities to reshape business models, improve efficiency, and enhance resilience.“

A Holistic Approach to Sustainability

At Climate Week, Schneider Electric unveiled its “Artificial Intelligence for Energy Transition” publication, which highlights AI’s role in driving efficiency across sectors like industrial processes and home management systems. This showcases the company’s belief that technology, combined with cross-industry collaboration, can fuel a holistic approach to sustainability, driving business value while reducing environmental impact.

Additionally, Schneider Electric advocates for tax credit transfers, enabled by the Inflation Reduction Act, as a key tool in accelerating corporate clean energy investments. This strategy not only helps companies achieve their sustainability goals but also unlocks significant tax savings.

Research on Sustainable Building Design

Schneider Electric’s Sustainability Research Institute introduced a new study demonstrating the potential for decarbonizing buildings through strategic design and material selection. Analyzing over 550 buildings, the research shows substantial reductions in embodied carbon, water usage, and energy consumption, reinforcing the importance of sustainable building practices.

Schneider executives will continue to highlight the role of digital technologies in helping the construction sector reduce its environmental impact, underscoring the critical need for sustainable design in both new builds and retrofits.

Leadership on the Global Stage

Throughout the week, Schneider Electric executives, including Chairman Jean-Pascal Tricoire, will speak at major events such as the Forbes Sustainability Leaders Summit and the UN Global Compact Leader’s Summit, discussing the company’s efforts to accelerate impact through partnerships and innovation.

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Schneider Electric will also be represented at other notable events like the World Biodiversity Summit and the WEF Sustainable Development Impact Meetings, where they will delve deeper into the intersection of sustainability, technology, and corporate leadership.

The company’s active participation at Climate Week NYC 2024 reflects its continued commitment to shaping the future of energy and sustainability, driving action across the private sector to meet ambitious global decarbonization goals.