Schneider Electric wins 2014 Platts Global Energy Award

Schneider Electric has been recognised for its efforts to conserve and manage energy consumption at more than 300 company facilities around the world. The company was honoured with a Stewardship Award at the 2014 Platts Global Energy Awards.

“Energy efficiency is in our DNA, so we are especially proud to be recognised 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 exemplary 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-saving techniques at its own 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% and carbon emissions from transportation by more than 16%. At the same time, the company has increased revenue from Green Premium products to more than 70% of its total business - another key goal of the program.