Company Overview
Schneider Electric's Sustainability Business is acknowledged as a global leader in sustainability and energy management consulting. Operating as a digital partner for sustainability and efficiency, Schneider Electric ensures operational effectiveness across various sectors including homes, buildings, data centers, infrastructure, and industries. The company, founded in 1836 and headquartered in Louisville, Kentucky, employs over 3,100 employees worldwide. It offers a comprehensive range of services designed to help businesses and public sector leaders achieve sustainable, energy-efficient operations while complying with environmental regulations.
Core Services
The Sustainability Business division excels in providing consulting services centered on Sustainability, Energy Management, and Digital Solutions. Schneider Electric aids organizations in reducing their environmental footprint, enhancing energy efficiency, and procuring renewable energy. Their services include:
- Sustainability Consulting: Advises businesses on adopting sustainable practices for improved social responsibility and long-term economic viability.
- Energy Management: Delivers solutions for energy procurement, risk management, renewables, carbon offsetting, and efficiency improvements.
- Digital Solutions Integration: Utilizes advanced technologies like IoT, AI, and digital twins to optimize energy use and streamline operations.
Their consulting package also includes advice on Environmental, Social, and Governance (ESG) compliance and carbon reduction strategies, assisting clients in attaining their sustainability targets with award-winning software and strategic planning.
Leadership and Strategic Vision
Key Personnel
- Raquel Espada Martin: Vice President of Energy Services and Sustainability, leads strategic implementation of sustainable practices and initiatives.
- Gabe Smith: Vice President of Client Development for the Americas, specializes in client relationships and the development of the company's energy and sustainability services.
Strategic Initiatives
Schneider Electric has launched several strategic initiatives to enhance its impact, such as the Zero Carbon Project, assisting strategic suppliers in transitioning to cleaner energy resources. Committed to ambitious ESG targets, the company demonstrated notable performance in the Schneider Sustainability Impact (SSI) program, achieving a 7.29 out of 10 score, surpassing expectations.
Recent Developments
Recent achievements highlight Schneider Electric's advancement towards sustainability goals:
- Recognized as the World's Most Sustainable Company by TIME and Statista, reflecting its leadership in sustainable business practices and innovation.
- Strengthened the EcoStruxure Resource Advisor platform to offer improved energy and sustainability data reporting capabilities.
- Formed recent acquisitions and partnerships aligned with their sustainability mission, including strategic investments in emerging market energy transition efforts.
Market Position and Industry Recognition
Schneider Electric sustains a robust market position in the sustainability sector. As a top-ranked sustainable company, its initiatives and leadership empower clients to navigate complex sustainability challenges and seize new opportunities in the energy sector. The company's commitment is further supported by comprehensive internal programs and leadership in industry-wide sustainability transformations.
Financial Highlights
Schneider Electric reports a yearly revenue of €39.9 billion, with a total funding amounting to €525.9 million. The employee retention rate is at 1.4%, with a 6-month growth of 4.0% and a 1-year growth of 3.6%.
Technological Infrastructure
Schneider Electric's operations are supported by a technological infrastructure that includes:
- Content Delivery: Akamai
- Email Services: Mimecast, Outlook, Microsoft Office 365
- Hosting: Amazon AWS
- Data Management: Bluekai
Competitors
The competitive landscape for Schneider Electric's Sustainability Business features prominent global players including:
- Siemens
- ABB
- General Electric
- Eaton
- Johnson Controls
- Cummins Power Generation Inc.
- SEW-Eurodrive
- CUI Global, Inc.
These companies operate across various energy and power solution sectors, emphasizing a competitive environment focused on innovation and market share.
Accolades and Recognition
Schneider Electric's dedication to sustainability has earned it consistent recognition in the "Global 100 Most Sustainable Corporations" list. TIME Magazine ranked Schneider Electric as the world's most sustainable company, underscoring its leadership and commitment to advancing sustainability in diverse sectors.
