|COMPANY NAME||SCHNEIDER ELECTRIC INDIA PVT. LTD.|
|NATURE OF BUSINESS||Manufacture of Eletric Products|
|ISIN NO||INE 155D01018|
Schneider Electric Launches Green Yodha initiative to Support India Meet its Sustainability Commitments
New Delhi, November 25, 2021: Schneider Electric, the leader in the digital transformation of energy management and automation today launched its sustainability engagement initiative in India, Green Yodha to encourage and support businesses, industries and individuals to come together and take concrete climate action. This urgent call to action intends to back the increased commitment of the Indian government made at COP26.
India has a robust industrial infrastructure with a huge energy requirement. According to IPCC’s Sixth Assessment Report, the country is the fourth-largest emitter of greenhouse gases and is still largely dependent on coal and oil. During COP26 Prime Minister of India, Mr. Modi announced that India will reduce projected carbon emissions by 1 billion tonnes (Gt) between 2021 and 2030. With these developments, Schneider Electric urges energy-intensive sectors – cement, iron and steel, commercial & industrial buildings, non-metallic minerals and chemicals to join forces to achieve the common goal.
Schneider Electric, ranked World’s most sustainable corporation in 2021 by Corporate Knights, builds on its unique position as ESG practitioner and enabler as the digital partner of its customers in sustainability and efficiency to launch this initiative which will put in the spotlight people, organizations and practices that pave the way for effective decarbonization and an inclusive energy transition.
Congratulating Schneider Electric for the Green Yodha initiative, Shri Amitabh Kant, CEO, NITI Aayog said, “I am glad that Schneider Electric has built a program like Green Yodha that aims to provide designed energy solutions to enable industries to use innovative technologies to become energy efficient and reduce their carbon footprint. We as a country need to unite to make a greener future reality and meet the SDG targets by 2030. I congratulate Schneider Electric for the Green Yodha initiative that is aimed at empowering all to make the most of our energy and resources, thereby bridging progress and sustainability for all.”
Taking the pledge to be a Green Yodha, Mr. Madhav Singhania, Deputy Managing Director & CEO, JK Cement Limited said, “To protect our planet we have set strong targets of 75% Green Power and controlling CO2 emissions in cementous product to 465kg /ton by 2030. To enable this vision, we are partnering with Schneider Electric’s EcoStruxure Solution to optimize Energy & Fuel Consumption, seamless integration of all energy measurement tools, adoption of digitization solutions and an integrated one stop solution for Electrical Distribution, Control & Automation. We are proud to be a Green Yodha for the planet.”
“I believe that the climate crisis demands committed leadership and universal action. It is our collective responsibility to lead by example and enact change. We congratulate Schneider Electric on the launch of the Green Yodha program. At UST, we are committed to transforming lives and communities through technology. I am proud to say that UST is also a Green Yodha,” said Mr. Alexander Varghese, Chief Operating Officer and Country Head-India, UST.
Schneider Electric itself has taken strong global and local commitments to sustainability, including that of saving and avoiding 800M metric tons of CO2 for customers by 2025 and helping 1000 of its suppliers halve their carbon emissions by 2025. It is also targeting to extend access to energy to 50M people and train 1M people in energy management in line with its purpose to bridge progress and sustainability for all.
Talking about Schneider Electric’s commitment towards a sustainable and inclusive future, Mr. Anil Chaudhry, M.D & CEO- Schneider Electric India Pvt Ltd. & Zone President, Greater India, said, “We welcome the commitments already made by Prime Minister Modi in COP26 towards making India Net-Zero. At Schneider Electric we believe that the private sector is key in this race to a greener and fairer economy. That’s why we continue to lead the change, as a practitioner and an enabler. With Green Yodha program, We invite all the like-minded conscious organizations to join the good fight and wish to facilitate collaboration in accelerating a positive energy transition and successfully preserving our planet. We congratulate JK Cements and UST on becoming Green Yodhas with us. We invite you all to be a Green Yodha with us!”
In India and across the globe, Schneider Electric leverages its complete portfolio of digital products services and solutions, powered by our EcoStruxure platform, that are IoT-enabled, plug-and-play, open, and have interoperable software-based architecture to support customers meet their sustainability and energy efficiency goals. All its products are made with an Eco-design approach, to be easily repaired, upgraded, and finally dismantled at end-of-life. Its ECOFIT services facilitate equipment upgrades by replacing only certain key components, rather than replacing a whole system.
Our Green Premium program ensures that products come with Product Environmental Profiles (PEP), End-of-Life Instructions (EoLI) and comply with global regulations like RoHS and Reach.
Our climate-positive innovation is regularly recognized such as SF6-free switchgear technology which replaces a toxic greenhouse gas with pure air, in industrial products, raising the bar for in-sector innovation.
Our mission is to be your digital partner for Sustainability and Efficiency.
We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centres, infrastructure and industries.
We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.
Digital Risk and Cybersecurity
Schneider Electric’s digital risk strategy recognises that cybersecurity is not just a “feature” of hardware and software components. Instead, it is a fundamental, ongoing business practice that identifies and reduces risks by applying standards and good practices to secure the end-to-end digital ecosystem, including people, process and technology. Schneider’s strategy is aligned to the NIST cybersecurity framework and uses ISA/IEC 62443 and ISO 2700x standards. We also offer cybersecurity services for customers across markets.