Schneider Electric Accelerates the Transition to Low Carbon Economy at the One Planet Summit 2019

Nairobi, Kenya, March 15, 2019 /3BL Media/ – Almost 4 years after the adoption of the Paris Agreement, President of France Emmanuel Macron is organizing on March 14th in Nairobi (Kenya) the first regional edition of the One Planet Summit, co-chaired with Uhuru Muigai Kenyatta, the President of the Republic of Kenya. This High-Level session will gather Heads of State and Ministers heading national delegation to UN Environment Assembly (UNEA) as well as representatives of the finance and the business sectors, local governments, civil society, and youth. The session will tackle two main issues: promoting renewable energy and fostering resilience, adaptation and biodiversity.

Schneider Electric executives will be part of the summit and participate in many side events happening around it. At this occasion the Group is accelerating its ambition and commitments for climate notably by helping its customer to save 100 M tons of CO2 emissions thanks to cleantech solutions. According to a recent study led by Schneider Electric in partnership with GreenBiz media, companies with public energy and/or sustainability goals see advantages. According to it, more than 50% of companies that have set public goals are more likely to adopt innovative solutions, are more successful in securing project funds, and are more likely to have greater results.

Gilles Vermot Desroches, Sustainability Senior VP at Schneider Electric said: “The creation of economic opportunities, jobs and innovation are central to the concerns of the One Planet coalition. To bring about this paradigm shift, we can re- affirm our responsibility in the face of climate change and taking measures to account for climate, social and environmental risks in their business including the most vulnerable population”.

Democratizing technology to unleash the potential of job creation

Providing electricity using renewables to provide electricity to the 1 billion people worldwide without energy access has the potential to create millions of good jobs, however despite increasing demand, a shortage of the skilled workforce needed to deliver electricity access is large and growing. In fact, it is projected that by 2030 there will still be 674 million people without access to energy. It is for this reason that the United Nations have established Sustainable Development Goal 7 (SDG 7) as a key initiative for ensuring access to affordable, reliable, sustainable and modern energy for all by 2030. Schneider Electric advocates that the goal can be attained if the right combination of technologies, modernized regulatory and financial business models, and local training is implemented.

Schneider Electric has committed to train 1 million solar technicians by the year 2025 and is also supporting ground-breaking research on the job creation potential from energy access through the Powering Jobs initiative.

At the occasion of the One Planet Summit, the company is presenting a document about How New Regulatory, Financial and Technology Bold Ideas Can Grow Microgrid-driven Access to Energy. According to the findings of this document, Energy is a basis of economic development and opens new doors that facilitate access to healthcare, agriculture and better overall living conditions. From a business perspective, increased standards of living are economic drivers that facilitate the conversion of economically disadvantaged populations into large pools of new customers and consumers. Read more: www.schneider-electric.com/en/about-us/sustainability/access-to-energy

About Schneider Electric
Schneider Electric is leading the Digital Transformation of Energy Management and Automation in Homes, Buildings, Data
Centers, Infrastructure and Industries.

With global presence in over 100 countries, Schneider is the undisputable leader in Power Management – Medium Voltage, Low
Voltage and Secure Power, and in Automation Systems. We provide integrated efficiency solutions, combining energy, automation
and software.

In our global Ecosystem, we collaborate with the largest Partner, Integrator and Developer Community on our Open Platform to
deliver real-time control and operational efficiency.

We believe that great people and partners make Schneider a great company and that our commitment to Innovation, Diversity
and Sustainability ensures that Life Is On everywhere, for everyone and at every moment. Learn more about Schneider’s Electric’s commiteemet to accessible energy for all here.