New Delhi, July 12, 2024:

• Recognized for best-in-class energy efficiency efforts at the company's Chennai plant.

• Schneider Electric Chennai plant showed approximately 33% improvement in energy efficiency in the last 3 years.• Significant reduction in carbon emissions, avoiding 6,368 tonnes of CO2 so far.

Schneider Electric, a global leader in the digital transformation of energy management and NextGen automation, has been honored with the prestigious Golden Peacock Award for exceptional energy efficiency initiatives at its Chennai plant. This covers exceptional performance in various areas, such as energy policies, performance monitoring and training practices, energy improvement and conservation efforts, and communication of best practices. These efforts have resulted in an impressive ~33% improvement in energy efficiency over the past three years, leading to a substantial reduction of 6,368 tonnes of CO2 emissions.

Through initiatives focused on energy efficiency, one-third of the plant's energy now comes from renewable sources, aligning with Schneider Electric's goal of reaching 100% green energy use within five years. This outstanding achievement underlines the plant's commitment to sustainability and environmental responsibility. Deepak Sharma, Zonal President - Greater India, Managing Director and CEO, Schneider Electric India, said: "At Schneider Electric, we believe that electrification is the most powerful tool for decarbonization. We understand that technology-enabled and energy-efficient factories are essential for manufacturers to drive innovation and achieve operational excellence. Our dedication to sustainability remains strong and we are immensely proud of the recognition of energy efficiency initiatives. of our Chennai plant, exemplified by the prestigious Golden Peacock award. This award is a testament to our efforts in shaping the factories of the future, and we are committed to setting similar high standards across our 31 factories in the country.”

Venkat Garimella, Vice President, Sustainability, Schneider Electric India, added: "At the core of Schneider Electric's heritage is a strong dedication to energy efficiency and a sustainable tomorrow. Our pride stems from continuous investments in technological innovations and progress, along with a strong approach to responsible energy management in our factories, products and services By fostering a culture that champions energy efficiency practices and decarbonization, we remain steadfast in our pursuit of environmental distinction over the next five years. “Schneider Electric will unwaveringly continue its ultimate goal of adopting 100% renewable energy. Through this award, we are proud to set the standard for creating greener and more sustainable smart factories.”

Building sustainable and energy-efficient factories in India aligns with Schneider Electric's commitment to innovation and environmental responsibility. Adopting sustainable practices not only benefits the environment but also contributes to long-term cost savings and a positive impact on local communities. Schneider Electric currently has 31 factories in India and has targeted an investment of ~INR 3200* Crore to expand its industrial footprint with the addition of ~1,200,000 sq ft. until 2026, as part of its continued commitment to Atmanirbhar Bharat.About Schneider Electric

Schneider's purpose is to create Impact by empowering everyone to make the most of our energy and resources, uniting progress and sustainability for all. At Schneider, we call this Life Is On.

Our mission is to be a trusted partner in Sustainability and Efficiency. We are a global leader in industrial technology, bringing world-leading expertise in electrification, automation and digitalization to smart industries, resilient infrastructure, future-ready data centers, smart buildings and homes. intuitive. Drawing on our deep domain expertise, we provide integrated end-to-end lifecycle AI-enabled industrial IoT solutions with connected products, automation, software and services, delivering digital twins to enable profitable growth for our customers.

We are a people company with an ecosystem of 150,000 colleagues and over a million partners operating in over 100 countries to ensure proximity to our customers and stakeholders. We embrace diversity and inclusion in everything we do, guided by our meaningful purpose of a sustainable future for all.

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(Disclaimer: The above press release is provided by HT Syndication and will not assume any editorial responsibility for this content.)