Schneider Electric, the leader in the digital transformation of energy management and automation, today announced the outperforming results for 2021 globally and in Thailand. Key achievements are mainly from company's resiliency and ability to capture potential different markets growth. The company also share a strong vision towards a sustainable future, helping businesses, industries, and all sectors collectively fight against the climate change through digital transformation journey in line with climate ambition and their own commitments towards sustainability.
Stephane Nuss, Cluster President, Thailand, Myanmar and Laos, Schneider Electric said 2021 has been a record year for Schneider Electric globally with the highest ever revenues of EUR29 billion, up +12.7% organic growth and profits generated, all with very strong year-over-year progression. In Thailand, Schneider Electric has also successfully bring the business back to the pre-pandemic level with the highest revenues ever.
"Since the world is uncertain and changing with the pandemic is being still very present, delivering such a performance in TH with those market conditions is a fantastic achievement. This shows the resilience of our company, our ability to adapt ourselves to the new world and also the fact that we are positioned on key growing markets, which are sustainability and digitization," he said.
2022: Moving towards Sustainability
This year, Schneider Electric continues to fight with the climate change to move towards the net-zero economies and sustainability. Accelerating the digitization, decarbonzination and sustainable transformations among businesses, industrial enterprise while operating to outperform the Thai market are top priorities in 2022.
"At Schneider Electric, we believe electricity is the most efficient energy. When electric meets digital, it becomes Electricity 4.0, giving us new ways of distributing, seeing, and saving energy. The future is Electricity for Zero: zero waste, zero emissions, and zero-carbon. We are building the New Electric World by providing smart energy everywhere in our Homes, Buildings, Data Centers, Industries, Infrastructure, and Grids," said Stephane Nuss.
It's expected that electricity will double its share in the energy mix in the next 20 years, so yes the world is becoming more electric. More electric for decarbonization plus more digital for efficiency will lead businesses, organizations, and all sector to a more sustainable future, he added.
According to a recent study conducted by Schneider Electric and GreenBiz Research, organizations that actively manage for climate change see an average 67 per cent higher return on equity compared to companies that do not. And the latest World Economic Forum research reveals that companies which focus on environmental initiatives have been growing by an annual rate of 15%.
As the digital partner for sustainability and efficiency for customers, Schneider Electric provides connected products, software, analytics, services contributing to decarbonize the operations of the customers accounting in utility, buildings, industry and data center and improve the efficiency of their assets. The company also has a very strong ecosystem of partners, distributors, and others to serve the demands of the future in terms of smart buildings, smart factories, smart grids, renewables, EV and implementation of 5G.
Helping customers, Schneider Electric comes up with 3-step approach from strategy setting to execution to deliver results in line with climate ambition and their own commitments. The three-step approach are:
- Strategize: to define the current status, from where the customer is starting. This includes a measurement to define the baseline, the development of the decarbonization roadmap, the list of actions, and all.
- Digitize: to monitor all the resources used and the associated emissions, then identify saving opportunities, using Schneider Electric's unique digital platforms and services.
- Execute the plan: to implement the actions and ultimately decarbonize, by electrifying the operations, reducing energy use and engage value chain, leveraging all SE solutions, connected products via partner ecosystem.
Deliver Seamless Software Experience
Stephane Nuss said that in this year, Schneider Electric's software solutions will be of the key differentiation and also one of the key components delivering efficiency for customers. The strong agnostic software portfolio and partnerships with world-leading independent software companies bring energy and automation digitalization, empowering all users with a seamless and collaborative dataflow across the entire lifecycle, from design and build to operate and maintain.
The software solutions completely aligned on the needs and the pain points of our different customers operating in Data Centers, Buildings, Industry and Infrastructure.
Schneider Electric aims to help customers to define and select the right data to build their transformation and digitization journey by collecting data in an as much as possible automated manner. This has to be done across the entire supply chain, from the fields and the farms to the plant, to retailers, and up to the fork to deliver the promises of transparency to end-consumers, efficiently.
"In past years, we acquired multiple SW specialists, leaders in their field of activities, including Aveva for Industry, ETAP for electro intensives customers, RIB for buildings, and more. Our vision is to eliminate frictions across domains while providing a unique digital experience for each customers. Our mission to make all our software companies converge to offer a unique end to end experience on the market, and of course all of this being connected to our IOT solutions and connected products making it more efficient for users," said Stephane Nuss.
In fighting with the climate change, Schneider Electric have announced the carbon pledge committing to accelerate the transition through Net Zero Carbon by 2030. The company will have a transition by 2025 when committed to be the carbon neutral. In terms of social, Schneider Electric has committed to empower their people across generations and regions and make sure that the company offers the same opportunities to all.
"For us, at SE, sustainability is not on top of our business. It's part of our DNA and it's part of everything we do," said Stephane Nuss.