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Schneider Electric 2020 Corporate Energy & Sustainability Progress Report Demonstrates that Flexibility and Resilience are Critical for Energy and Sustainability Success

Energy management increasingly important as strategic lever in highly volatile, disruptive environment

New innovations in technology simplify data management for complex energy management projects

Tackling climate change becomes a critical part of energy investments as organizations pursue long-term sustainability

Schneider Electric today released its 2020 Corporate Energy & Sustainability Progress Report. The report, the third in an annual series, examines how organizations are addressing the opportunities and challenges presented by a changing energy landscape focused on enterprise energy management and decarbonization. The report explores how energy management has become a critical part of an integrated sustainability strategy, the increase in use of digital data tools, and the rise of climate change as a focus for energy and resource supply.

The report is based on a survey completed in partnership with GreenBiz Research, of 265 global professionals responsible for energy and sustainability at organizations with more than $250 million in annual revenue.

Energy managers step up

In 2020, business leaders are recognizing energy managers as an integral part of their business operations, with 87 percent of respondents agreeing that energy procurement is increasing in its scope and complexity. This has led to changes in the way organizations approach energy management; 56 percent of respondents now employ dedicated energy management staff. With a growing number of different energy sources, financial mechanisms and technological developments to manage, in an increasingly volatile environment, organizations require expertise to advise on money-saving best practices and strategies.

Related findings include:

In 2019’s report, only 29 percent of respondents’ companies cited strategic energy sourcing as a top initiative for cost savings, but this year 46.5 percent noted that timing and pricing volatility are the single biggest challenge.

Sixty percent of respondents are considering onsite or offsite renewables as a purchasing strategy in the next three years to manage volatility, with 30 percent of respondents already deploying renewables.

More than 46 percent of respondents are prepared to respond to future innovations in energy management.

Executive buy-in is the most important driver for getting new energy and sustainability programs approved and funded according to 84 percent of respondents.

“Energy and resource management has moved past the payment of utility bills and become a strategic way for organizations to mitigate financial and reputational risks,” said Bill Brewer, VP of Global Energy & Sustainability Services at Schneider Electric. “The landscape is evolving rapidly and if businesses want to remain competitive, they will need to implement strategies that demonstrate a clear understanding of where energy management is heading.”

Digital technology eases complexity

The overwhelming amount of energy and sustainability data available can be complicated to navigate and difficult to manage. But over the past year more businesses have been investing in digital technologies to ease this complexity, with double the number of respondents (37 percent) from last year reporting that they use IoT devices such as meters, sensors, and other smart assets. Investing in these technologies is having a positive impact on organizations, with 63 percent of respondents with digital solutions reporting higher confidence in preparedness for innovations in resource management.

The research also shows that energy and resource management strategies are evolving based on new data technologies, with 48 percent reporting that they are adapting their energy or sustainability data management programs based on growth in connected devices and 24 percent saying the same about growth in artificial intelligence.

Although 54 percent of respondents reported they are still managing their data using spreadsheets, the benefits of investing in digital solutions is clear.

Prioritizing climate change

Mitigating and adapting to climate change and global warming, rapid decarbonization, and other climate-related initiatives make up a much larger focus of business operations than ever before. The research showed that environmental considerations are a top driver for corporate energy and sustainability initiatives (51.5 percent), and that climate change is the top risk to energy and resource supply (58 percent). Executive leadership is beginning to understand the benefits of addressing climate change, including reputational advantage with stakeholders, new products and services, and the potential to benefit from environmental investing.

Other climate-related statistics show:

Public perception is a driving factor for sustainable energy investment with brand/reputation (50%) and competitive advantage (47%) top of mind.

Seventy percent of this year’s respondents report that they have set energy or sustainability targets and announced them publicly, compared to just 57 percent in the 2019 report.

Seventy-five percent of respondents say that they have increased goals over those previously set, and those that have increased goals are more confident they will meet them.

Thirty percent of responding CEOs indicated that they strongly agree that their organization’s response to climate change will be advantageous to their business.

“Climate change has taken center stage for any global business,” said an anonymous survey respondent. “Stakeholders from investors to consumers are keeping a close eye on how organizations are doing their part to reduce carbon emission and commit to sustainable energy stewardship and it’s imperative businesses start thinking about their plans to contribute, if they have not already.”

The Corporate Energy & Sustainability Progress Report was developed to understand how large organizations purchase energy, manage resource demand, use data, and develop, finance, and execute enterprise efficiency and decarbonization programs. The findings in the report come from a web survey and phone interviews conducted by GreenBiz Research. Participants included 265 global energy and sustainability professionals who oversee procurement, operations and sustainability, from board members to individual contributors. Companies surveyed represent 17 industry segments and reported minimum annual revenues of $250 million.

For more information and to download the full report, visit insights.se.com or join the live webinar, June 25, at 10:00 am EDT.

About Schneider Electric

At Schneider, we believe access to energy and digital is a basic human right. We empower all to make the most of their energy and resources, ensuring Life Is On everywhere, for everyone, at every moment.

We provide energy and automation digital solutions for efficiency and sustainability. We combine world-leading energy technologies, real-time automation, software and services into integrated solutions for Homes, Buildings, Data Centers, Infrastructure and Industries.

We are committed to unleash the infinite possibilities of an open, global, innovative community that is passionate about our Meaningful Purpose, Inclusive and Empowered values.

For more information, please visit: www.se.com.

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Energy management increasingly important as strategic lever in highly volatile, disruptive environment

New innovations in technology simplify data management for complex energy management projects

Tackling climate change becomes a critical part of energy investments as organizations pursue long-term sustainability

Schneider Electric today released its 2020 Corporate Energy & Sustainability Progress Report. The report, the third in an annual series, examines how organizations are addressing the opportunities and challenges presented by a changing energy landscape focused on enterprise energy management and decarbonization. The report explores how energy management has become a critical part of an integrated sustainability strategy, the increase in use of digital data tools, and the rise of climate change as a focus for energy and resource supply.

The report is based on a survey completed in partnership with GreenBiz Research, of 265 global professionals responsible for energy and sustainability at organizations with more than $250 million in annual revenue.

Energy managers step up

In 2020, business leaders are recognizing energy managers as an integral part of their business operations, with 87 percent of respondents agreeing that energy procurement is increasing in its scope and complexity. This has led to changes in the way organizations approach energy management; 56 percent of respondents now employ dedicated energy management staff. With a growing number of different energy sources, financial mechanisms and technological developments to manage, in an increasingly volatile environment, organizations require expertise to advise on money-saving best practices and strategies.

Related findings include:

In 2019’s report, only 29 percent of respondents’ companies cited strategic energy sourcing as a top initiative for cost savings, but this year 46.5 percent noted that timing and pricing volatility are the single biggest challenge.

Sixty percent of respondents are considering onsite or offsite renewables as a purchasing strategy in the next three years to manage volatility, with 30 percent of respondents already deploying renewables.

More than 46 percent of respondents are prepared to respond to future innovations in energy management.

Executive buy-in is the most important driver for getting new energy and sustainability programs approved and funded according to 84 percent of respondents.

“Energy and resource management has moved past the payment of utility bills and become a strategic way for organizations to mitigate financial and reputational risks,” said Bill Brewer, VP of Global Energy & Sustainability Services at Schneider Electric. “The landscape is evolving rapidly and if businesses want to remain competitive, they will need to implement strategies that demonstrate a clear understanding of where energy management is heading.”

Digital technology eases complexity

The overwhelming amount of energy and sustainability data available can be complicated to navigate and difficult to manage. But over the past year more businesses have been investing in digital technologies to ease this complexity, with double the number of respondents (37 percent) from last year reporting that they use IoT devices such as meters, sensors, and other smart assets. Investing in these technologies is having a positive impact on organizations, with 63 percent of respondents with digital solutions reporting higher confidence in preparedness for innovations in resource management.

The research also shows that energy and resource management strategies are evolving based on new data technologies, with 48 percent reporting that they are adapting their energy or sustainability data management programs based on growth in connected devices and 24 percent saying the same about growth in artificial intelligence.

Although 54 percent of respondents reported they are still managing their data using spreadsheets, the benefits of investing in digital solutions is clear.

Prioritizing climate change

Mitigating and adapting to climate change and global warming, rapid decarbonization, and other climate-related initiatives make up a much larger focus of business operations than ever before. The research showed that environmental considerations are a top driver for corporate energy and sustainability initiatives (51.5 percent), and that climate change is the top risk to energy and resource supply (58 percent). Executive leadership is beginning to understand the benefits of addressing climate change, including reputational advantage with stakeholders, new products and services, and the potential to benefit from environmental investing.

Other climate-related statistics show:

Public perception is a driving factor for sustainable energy investment with brand/reputation (50%) and competitive advantage (47%) top of mind.

Seventy percent of this year’s respondents report that they have set energy or sustainability targets and announced them publicly, compared to just 57 percent in the 2019 report.

Seventy-five percent of respondents say that they have increased goals over those previously set, and those that have increased goals are more confident they will meet them.

Thirty percent of responding CEOs indicated that they strongly agree that their organization’s response to climate change will be advantageous to their business.

“Climate change has taken center stage for any global business,” said an anonymous survey respondent. “Stakeholders from investors to consumers are keeping a close eye on how organizations are doing their part to reduce carbon emission and commit to sustainable energy stewardship and it’s imperative businesses start thinking about their plans to contribute, if they have not already.”

The Corporate Energy & Sustainability Progress Report was developed to understand how large organizations purchase energy, manage resource demand, use data, and develop, finance, and execute enterprise efficiency and decarbonization programs. The findings in the report come from a web survey and phone interviews conducted by GreenBiz Research. Participants included 265 global energy and sustainability professionals who oversee procurement, operations and sustainability, from board members to individual contributors. Companies surveyed represent 17 industry segments and reported minimum annual revenues of $250 million.

For more information and to download the full report, visit insights.se.com or join the live webinar, June 25, at 10:00 am EDT.

About Schneider Electric

At Schneider, we believe access to energy and digital is a basic human right. We empower all to make the most of their energy and resources, ensuring Life Is On everywhere, for everyone, at every moment.

We provide energy and automation digital solutions for efficiency and sustainability. We combine world-leading energy technologies, real-time automation, software and services into integrated solutions for Homes, Buildings, Data Centers, Infrastructure and Industries.

We are committed to unleash the infinite possibilities of an open, global, innovative community that is passionate about our Meaningful Purpose, Inclusive and Empowered values.

For more information, please visit: www.se.com.

Press Release

CGTN: What does a people-centered philosophy mean for China?

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BEIJING, June 18, 2021 /PRNewswire/ — In China’s fight against COVID-19, more than 39 million members of the Communist Party of China (CPC) fought the virus on the frontline while over 13 million volunteers rendered their services at the community level. Nearly 400 of them laid down their lives in the process of saving others.

United as one and determined to save every life at all costs, China has been one of the most successful in containing the virus.

This is one vivid example that demonstrates China’s commitment to a people-centered philosophy.

Rooted in history

Adherence to a people-centered philosophy has been the key to CPC’s success in the past 100 years. From 57 members represented by 13 deputies at the first National Congress in 1921, the CPC has grown into a 91-million-strong entity that governs a country of 1.4 billion people.

Laying the basis of socialism with Chinese characteristics, the CPC led China to overcome obstacles in the way of its development, helping it stand on its feet and grow stronger till it eventually became the world’s second-largest economy.

“People are the creators of history. They are the fundamental force that determines our Party and the country’s future,” said Chinese President Xi Jinping, also general secretary of the CPC Central Committee.

Commitment to the world

As COVID-19 continues to ravage the world, many countries have restricted grain exports. Resultantly, the number of people facing acute food insecurity hit 155 million last year – the highest in last five years.

However, China is doing its part to ensure global food security by reducing grain imports and moderately increasing the exports of wheat and rice. It also continues to assist other developing countries within the framework of South-South cooperation.

Domestically, China met its poverty alleviation target by the end of 2020, lifting nearly 100 million people out of poverty over the past eight years.

In the next five years, China plans to take a series of measures, such as improving people’s incomes, boosting employment and building a high-quality education system.

“To ensure that the people enjoy a happy life is the ultimate goal of all our work and is an important manifestation of our Party’s fundamental purpose of serving the people wholeheartedly,” Xi said.

Xi has constantly urged the CPC members to stay true to the Party’s founding mission, which is to serve the people.

https://news.cgtn.com/news/2021-05-12/What-does-a-people-centric-philosophy-mean-for-China–10bpBSe50hG/index.html

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How Will Blockchain Affect The Future of Education and Learning? Tim Miller, CEO Certif-ID Shares His Views

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NSN

Madhuri Dubey, Founder – National Skills Network, recently conducted an online interview with Tim Miller, Co-Founder & CEO – Certif-ID, to talk about how blockchain technology can better facilitate digital transactions.

BANGALORE, India, June 18, 2021 /PRNewswire/ — Tim Miller is an enthusiastic, driven thinker with a global perspective and is involved in the strategic development of future-ready learning, training and consultancy solutions. With diversified international work experience covering digitalisation of learning solutions, management system certification, product certification and training – across 25 countries, Tim has his finger to the pulse of the technologies and trends that fuel the market. Recently, Madhuri Dubey, the Founder of National Skills Network, sat down with Tim to discuss how breaking down fundamental constraints by applying technology in innovative ways has led him to create a blockchain-powered platform.

Read their conversation below.

Why did you turn to blockchain technology for Certif-ID? 

The vision of Certif-ID is to bridge the gap between ‘New Economy’ skills and employment prospects. To bring trust and transparency to digital transactions. Through Certif-ID, one of our goals is to harmonize educational standards and bring equal opportunity to technical professionals around the world. In line with this, we have focused on building a community of professionals in developing markets, helping them to showcase their skills and find employment in developed markets. 

We therefore needed a technology that would help us build a system to support the coexistence of traditional services and new services. And blockchain technology combined with data analytics and automation was our ideal choice. Its decentralised ledger system offers us the much-needed transparency and traceability. 

What is the foundation of the Certif-ID platform?

Our primary mission is to harmonize educational standards and bring equal opportunity to technical professionals around the world. For this, we needed a process which would align with existing training providers to explore current levels of training and expected competency outcomes. To achieve this, Certif-ID uses European Skills, Competences, Qualifications and Occupations (ESCO) framework and Artificial Intelligence (AI).

The ESCO framework provides an excellent guide and can support the process of skill and competency mapping to job roles and occupations. It identifies the key indicators and the core skills, which are required to meet industry specific needs, while also describing the steps required to achieve global standards. 

Additionally, we addressed the lack of transparency in the certification process by digitising and powering it with blockchain technology. This ensures that the digital certificates issued through Certif-ID are verifiable instantly and immutable

AI on our platform furthers our mission in various ways, whether it is our smart search feature or providing course and job recommendation based on members’ skills. 

On the whole, Certif-ID is designed for individuals who want to learn new skills, providing easy access to credible courses and institutes for enrollment. After completing a course, learners can earn digital certificates via the Certif-ID platform. We are facilitating a continuous upskilling, in turn, improving a learners chance of landing a job and achieving professional equality.

How has Certif-ID grown since its inception in 2019? 

We had a great experience working on Certif-ID. It has certainly been challenging considering the current times, but we have been welcomed by people in the industry, communities and beyond. 

Certif-ID is unquestionably solving current challenges, from making it a possibility for institutions to issue contactless digital certificates which can be verified instantly to providing a secure space for technical professionals to build a profile and gain visibility. 

We began our journey focused on helping Technical and Vocational Education and Training (TVET) institutions in their certification and accreditation processes. Today, we have multiple offerings for institutions such as data analytics to gain insights and business value. 

Technical professionals or members on Certif-ID can build their SkillPass. It is an online profile that one can use to showcase their skills and experience. SkillPass offers a range of features including, a self-assessment to gauge one’s job-readiness, CV generator to create different CVs to suit the job role one is applying for, Video CV to show off their personality and much more. SkillPass is beneficial because it allows members to store, access and share their credentials securely at any time from anywhere. 

Again, recruiters on the platform can list jobs, screen candidates based on their skills, access and verify their digital certificates and make an informed decision on shortlisting the candidate for an interview.

What are some of the big events in the life of Certif-ID?

Every small step we take toward bettering our platform and services, has been a big event for us and I would like to thank an extremely dedicated team behind the scenes for this. 

We are extremely proud of our partnership with leading institutions of the likes of, TÜV Rheinland Academy, Automotive Skills Development Council (ASDC), ASTS Global Education India Pvt. Ltd., ICICI Foundation, and UNNATI Skill Center, publishing over 50,341 blockchain-powered digital certificates.

In 2020, we were able to run a large-scale event, titled ‘Next Step Seafarers’, focused on getting seafarers in the Philippines back to work, as a response to the impact of COVID. This event was a big success, with the support of UNESCO, multiple industry players, including Q2 Hr Solutions, 

TESDA (Technical Education and Skill Development Authority) and importantly an endorsement from the Vice President of the Philippines, Ms. Leni Robredo.

Recently, we have entered a new market of upholding environmental sustainability. We have partnered with Woodify, a startup focused on planting new, climate-resistant mixed forests across Germany. They are set to issue carbon credits digital certificates per year via Certif-ID to ensure that the issued carbon credits are encrypted, secure and instantly verifiable. 

How do you foresee Certif-ID shaping the future of businesses?

Most companies we converse with are faced with the similar challenges of not being able to track or monitor digital transactions. Using blockchain technology to secure transactions, making it possible to track assets from production to delivery or use by end users, will solve this issue. 

This need for visibility will only increase for business across all sectors, from supply chain to healthcare. Blockchain technology will continue to play a critical role in reducing fraud, losses from counterfeit and gray market trading, as well as increase confidence in end users. 

Additionally, as blockchain provides all parties access to the same information, it will reduce communication or data transfer errors. Businesses will gain more control over outsourced materials and will spend less time on validating data; ultimately improving quality, reducing cost, or both. 

For those who haven’t started adopting blockchain my message would be, to embrace this change; decentralized, identity and credentialing solutions are taking very big steps with some of the world’s biggest and most trend setting companies. It will undoubtedly play a massive role in your business’ success. 

About NSN

National Skills Network (NSN) is a digital platform dedicated to creating awareness about skill-based education and training by sharing the positive impact. NSN has helped many organizations in bringing visibility to their initiatives, networking and promoting their vision for skilling Indian youth and making them employable.

Website: https://www.nationalskillsnetwork.in/   

About Certif-ID

Certif-ID is a dedicated skills community. It is a global networking platform built on blockchain technology, connecting technical training institutions, industry professionals and recruiters. On the platform, technical training institutes can issue digital certificates placed on blockchain, optimising their certification and placement processes. Technical professionals can build their SkillPass to showcase their skills, record online interviews, plan their learning journeys, store all relevant information in a digital portfolio and share their credentials with potential recruiters. Recruiters can screen and source candidates based on competency, verify their digital records and reduce recruitment efforts. Connecting key stakeholders in the technical sector, Certif-ID focuses on streamlining the sourcing process, bridging the skills gap between education and employment while establishing trust and transparency.

Website: https://certif-id.com/

Logo: https://mma.prnewswire.com/media/1535599/NSN_Logo.jpg

Photo: https://mma.prnewswire.com/media/1535600/Certif_ID_Tim_Miller.jpg

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Burns & McDonnell India Ranks No. 63 on the Great Place to Work List of 'India's Best Companies to Work For 2021'

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Burns & McDonnell India Ranks No. 63 on the Great Place to Work List of 'India's Best Companies to Work For 2021'

The Great Place to Work Institute Recognises Engineering Firm for Five Consecutive Years

VIKHROLI, Mumbai, June 18, 2021 /PRNewswire/ — Burns & McDonnell India has again been recognised as a great place to work by Great Place to Work Institute, marking the fifth consecutive year the company has earned this recognition, and the first year in the large company category. More than 850 organizations applied to the assessment and around 695 organizations made the final base that was evaluated to identify the 100 Best. The firm ranked No. 63 on the list of India’s Best Companies to Work For 2021.

The awarding organisation, Great Place to Work Institute, considers itself the global authority for creating, sustaining and identifying high-trust, high-performance culture. Great Place to Work recognises workplaces solely based on employee feedback and quality of people practices in an organisation.

Burns & McDonnell India earned this recognition by excelling on the five dimensions Great Place to Work evaluates for building a high-trust, high-performance culture: credibility, respect, fairness, pride and camaraderie. The study is based on over 25 years of research by surveying millions of employees across organisations.

This year’s employee survey found that 96% of its employees feel Burns & McDonnell India is a friendly place to work and 97% agree that the facilities and celebrations contribute to a great working environment. The survey found 94% participants are proud to work at BMI and feel great about how the company contributes to society. Additionally, the organisation has scored highly for fair treatment regardless of gender or race, as well as on work/life parameters.

“It is truly an honor to again be recognised as a Great Place to Work in India,” says Justin Sherman, CEO and managing director of Burns & McDonnell India. “We make our people successful by creating a high-trust, inclusive culture. During this trying period, I am so proud of the tremendous support we have provided for the safety and well-being of our employees and their families, as safety always comes first. Our entrepreneurial and collaborative spirit empowered our transition to working from home, and we continued to advocate team bonding, social gratification as well as professional and personal development. We engaged our employees through various wellness initiatives, safety sessions, counselling by health experts, recreational activities, and hobbies, which involved our extended families as well.

“We feel proud to have built a deeper connection with our employees, which is well beyond business. The feedback that our employees have expressed through the Great Place to Work survey speaks to the exceptional culture that our company stands on.”

Burns & McDonnell India received nearly 8,000 applications for employment in 2020 and onboarded more than 200 new employees virtually. The organisation has supported its employees during this time of the pandemic, with initiatives including COVID-19 care leaves, vaccination support, enhanced insurance buffer, flexibility to continue working from home during the pandemic and more. One of the company’s most significant initiatives has been cross-utilisation of staff across disciplines to able to retain employees amidst a global business slowdown.

For photos and support materials, please visit our MEDIA KIT.

About Burns & McDonnell

Burns & McDonnell is a family of companies with an unmatched team of 7,600 engineers, construction professionals, architects, technologists and scientists, consultants and entrepreneurs around the world. Burns & McDonnell India was established in Mumbai in 2013 as a 100% subsidiary.

About Great Place to Work

Great Place to Work® is the global authority on workplace culture. They help organizations quantify their culture and produce better business results by creating a high-trust work experience for all employees. Emprising®, their culture management platform, empowers leaders with the surveys, real-time reporting, and insights they need to make data-driven people decisions. They use their unparalleled benchmark data to recognize Great Place to Work-Certified™ companies and the Best Workplaces™ in the U.S. and more than 60 countries, including the 100 Best Companies to Work For® list published annually in Fortune.

Contact: Ingrid Nicar, Burns & McDonnell

470-508-9862

ianicar@burnsmcd.com

 

Burns & McDonnell

 

 

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