Schneider Electric, a global leader in energy management and automation, urged industries to embrace sustainability as a core business growth strategy rather than just a corporate social responsibility initiative.
“At Schneider Electric, we believe that sustainability should be the heart of business strategy, driving growth, innovation, and value creation. Through electrification, automation, and digitalization, we empower industries to achieve this transformation,” Schneider Electric chief marketing officer Chris Leong said during a roundtable discussion hosted by Schneider Electric together and the Makati Business Club.
The company emphasized the importance of integrating sustainability into all aspects of their operations to maintain competitiveness and future-readiness.
Schneider Electric identified five pivotal megatrends shaping industries and customer needs.
These include digitization and artificial intelligence (AI) brought about by the global digital transformation scaling up significantly power usage, need for concrete solutions to fight against climate change, energy transition through electrification, evolution of wealth driven by increased demand in electrification and data that provide fresh opportunities to emerging economies and new global equilibrium where there is a shift in paradigm due to supply chain evolutions.
Leong said these megatrends offer opportunities for businesses in various industries to innovate.
“Digitization and AI are transforming energy management. Climate change drives the shift to renewables, reshaping industries, and markets,” she said.
Schneider Electric’s approach to sustainability is to strategize, digitize and decarbonize, she said.
