Schneider Electric has shared the numbers behind its efforts to increase its sustainability in line with the United Nations Sustainable Development Goals. Each quarter, Schneider Electric publishes 21 indicators from its Schneider Sustainability Impact, which measures progress towards the company’s sustainability commitments from the period 2018-2020.
Less than 1.2% of all water on earth is available for human use, and the UN projects a 40% shortfall in meeting demand for global water by 2030. More efficient use of water is critical to addressing this shortfall, as well as mitigating the impact of increasing droughts and floods resulting from climate change. Companies play a central role in how water is used, especially in industrial, agricultural, and food industries.
Our research suggests that energy and industrials companies will likely continue to prioritize moving to cleaner energy sources in the longer term.
The 2019 Leadership in Sustainability Prize is awarded to the Cooperative Research Centre for Low Carbon Living.
The Biden administration has wholeheartedly embraced electric vehicles in its proposed infrastructure plan and other areas of the government. But the president also wants the US supply chain to better compete with China’s dominance in battery assembly and resource refining. According to a Reuters report this past Friday, Biden’s plan targets a boost to battery recycling to walk a fine line between helping the environment and increasing competitiveness. Reuters reported on various government reports submitted to the White House as a 100-day review of important supply chains wraps up. This review is mostly meant to address the constricted supply of semiconductor chips. The chip shortage continues to plague numerous industries, including the auto industry. However, the review extends to the EV supply chain and the government aims to position the US to better compete with China’s abilities to build batteries and to refine the materials needed to make them.