In a world grappling with the challenges of sustainable development, businesses play a crucial role in driving progress towards the Sustainable Development Goals (SDGs). Schneider Electric, a global leader in energy management and automation, is one such company that has aligned its strategy with the SDG framework and is making significant strides in contributing to sustainable development.
Schneider Electric has connected its business activities to all 17 SDGs via five megatrends: Climate, Circular Economy, Ethics, Health & Equity, and Development. The company has prioritized SDG targets by considering which will have the biggest impact in terms of risk or opportunity in the medium to long term and which goals the company has the ability to contribute to achieving progress in.
After identifying the key SDGs, Schneider Electric linked those goals to actual business targets and Key Performance Indicators (KPIs) to monitor and communicate progress. For example, the organization facilitates a seamless integration journey, spanning from end-point to cloud, encompassing products, controls, software, and services.
The comprehensive lifecycle solutions guide businesses through design, construction, operation, and maintenance phases, all orchestrated through the prism of a digital twin
The SDGs provide a universal framework for businesses to communicate performance, set targets and actions, engage with various stakeholders, and gain access to new market opportunities. Schneider Electric has integrated these targets into its existing strategy, taking into account business models, procurement and R&D processes, and supply chain transformations. By realigning sustainability strategies to achieve both corporate goals and the SDGs, the company has identified areas where it can draw from existing commitments and projects to contribute positively toward SDGs.
Schneider Electric's distinctiveness lies in its commitment to holistic business transformation. It transcends conventional boundaries, managing enterprises as an integrated ecosystem, embedding safety, reliability, and cybersecurity within tailored solutions for diverse sectors. Advocating for open standards and collaborative ecosystems, Schneider Electric fosters innovation within a vibrant global community, positioning itself as a highly accessible global entity. This philosophy ensures seamless adaptation for business continuity while upholding the utmost ethical standards.
As Schneider Electric shapes environments and communities, it remains resolute in its pursuit, uniting progress with sustainability. This forward-looking journey mirrors the transformative aspirations of our era, infusing the world with progress, sustainability, and the promise of a brighter, interconnected future.
More information and source: Schneider Electric
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