Schneider Electric honoured for reducing core energy consumption
December 17, 2014 | By HPAC Magazine
Schneider Electric, a global energy management specialist, was recognized for its efforts to conserve and manage energy consumption at more than 300 company facilities around the world. The company was honoured December 11, 2014 with a Stewardship Award at the 2014 Platts Global Energy Awards banquet in New York, NY.
“Energy efficiency is in our DNA, so we are especially proud to be recognized for the extensive efficiency programs we’ve implemented in our own facilities,” said Chris Hummel, chief marketing officer, Schneider Electric. “We continuously help companies and individuals across the globe get more value out of the energy they consume while reducing emissions, and this honour from Platts is strong recognition of that record of achievement and our commitment to adopt best practices internally.”
Schneider Electric received the Stewardship Award for Efficiency Initiative in the Commercial End-User category for results achieved through the company’s Energy Action Program. Stewardship Awards honour achievement in strategic vision, industry leadership, stewardship and innovative technologies.
Schneider Electric launched the Energy Action Program in 2011, embarking on a plan to employ its own best practices and develop new energy savings techniques at its facilities around the world through a focus on innovation, sustainability and operational excellence. By the end of Q3 2014, Schneider Electric had exceeded program targets by reducing core energy consumption by almost 13 per cent and carbon emissions from transportation by more than 16 per cent. At the same time, the company has increased revenue from Green Premium products to more than 70 per cent of its total business, which was another key goal of the program.
Over the past 15 years, the Platts Global Energy Awards have recognized companies who have transcended the status quo in the name of excellence in leadership, innovation and performance in the energy industry. More than 200 nominations are received each year from more than 25 countries. The entries are judged by a panel that includes leading academics, legislators, energy ministers, regulators and industry experts.
As a global specialist in energy management with operations in more than 100 countries, Schneider Electric offers integrated solutions across multiple market segments, including utilities and infrastructure, industries and machines manufacturers, non-residential building, data Centres and networks, and in residential. The company’s 140,000 plus employees achieved sales of CAD $33.4 billion dollars (24 billion Euros) in 2013.