No Time to Waste: How Digitalization Can Solve the Carbon Crisis

Jun 12, 2019 10:35 AM ET
Summary: 
  • Companies must cap emissions to keep the global temperature increase below 2°C.
  • Better use of data and a connected digital approach are the way forward.
  • Electrification is a safe, reliable and clean route to a more sustainable future.
  • Lidl is a benchmark for regeneration and enlightened practices.
Article

So what do we do now?

That may not seem much, but every rise in temperature increases the risk of extreme and life-threatening weather patterns, water shortages, coastal floods and other harmful environmental effects.

Thus, IPCC expects countries and companies to have even more ambitious goals to limit global warming to 1.5 degrees Celsius which would require “rapid and far-reaching” transitions in land, energy, industry, buildings, transport, and cities. Global net human-caused emissions of carbon dioxide (CO2) would need to fall by about 45% from 2010 levels by 2030, reaching “net zero” around 2050. So how can companies adapt and see an immediate, positive impact?

Sustainability Impacts

Schneider Electric itself is committed to reach carbon neutrality by 2030 and being powered by 80% renewable electricity by 2020. The company has also helped many other RE100 signees to reach the same goal. After taking steps for efficiency, the next step, if more energy is needed, is to adopt renewables by the different ways of buying it. That combination of efficiency and fostering renewable energy has also helped Schneider to get closer to its goal of avoiding 120 million tons of CO2 on behalf of their customers by 2020.

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