Actually, we believe that we need to do the bare opposite, which is start from the point of consumption and reinvent the point of consumption. The people who are thinking about the new electric and the new energy world tend to think in the same way as the past 100 or 200 years ago, which is a very linear thing from supply to people consuming. If Electricity 4.0 is our fastest route to net zero, what’s stopping us from achieving it, and what needs to be prioritized?
#ELECTRIC QUILT 4.0 FULL#
And the last phase is what we call Electricity 4.0 where electric and digital are coming together to indeed build a full new energy and electrical world, which we think will put us in the trajectory of a net-zero world by 2050. Then phase three was when silicon got introduced, which actually started the digital transformation in industry and also started the renewable transformation initiative in the electric and energy world. Out of a full energy system that we believe has gone in parallel to the industrial world through four evolutions that are pretty distinct, number one is really the start of the generation-the start of electricity, which was in the 18th century. Going green means more electrical and going smart means more digital. We all must rethink our relationship with energy to make it green and smart. But we see that as the economy is restarting, we are back to square one, and we erase the savings of 2020, which is not good news.
In 2020, say because of COVID and some economic slowdown, the carbon emissions have been going down by 7%. Now, we’ve seen with COVID that actually it’s possible to shed carbon emissions. We call it the age of fire, which is vastly inefficient. When you look at the whole of carbon emissions, 80% of the carbon emissions are coming either from the production or the consumption of energy out of an energy system today that’s been built on coal and oil and gas. Can you tell us why you believe that to be the case? Philippe, climate change is undoubtedly the defining issue of our time, but no one seems to have a definitive answer on what to do about it. And by the way, that’s great news because that means that today solutions do exist to really reduce carbon emissions. If you look at it, the total carbon emissions in the world are 34 to 35 gigatons, so 800 million tons is a lot of tons of CO2. We are committed by 2025 to help our customers save and avoid 800 million tons of CO2, which is a huge figure.
We are also working, of course, with our customers. We’ve been working internally very hard to get to a carbon-neutrality trajectory by 2025 and to be full net zero on the entire supply chain by 2050. Really, sustainability is a dimension that has been growing a lot in the past years because our customers are very focused on that dimension.Īt Schneider, we were recognized in 2021 as the most sustainable company in the world by Corporate Knights-not by chance, by choice and by hard work. Schneider Electric is the global specialist in energy management and automation, and we like to describe our mission as being the digital partner of our customers for efficiency and sustainability.
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