Schneider Electric's Brian Burgin, Risk Manager within Energy & Sustainability Services, shares his expertise on weather and its effect on global energy markets. Burgin shares 4 recommendations to build weather-responsive resilience in your energy strategy.
We always hear that sustainability is about preserving the world for the future generations, but do those generations understand how we are doing this? We know that our actions have a strong impact on our planet and on future generations. We have the responsibility to focus on making a better world for us and our children, while taking meaningful commitments, and Schneider Electric is committed to spread this message worldwide.
By Olivier Blum, Chief HR Officer at Schneider Electric
Have you ever been in a perpetual state of flux, or felt that you are constantly running behind instead of being ahead? Well, let me tell you that you are not alone. Ironically, in trying to adapt to the rapidly evolving changes in our lives we often neglect the very thing that could make a difference, i.e. our own energy. While it may ring true at an individual level, this dichotomy exists at an organizational level too.
First, the bad news: In October, the International Panel on Climate Change (IPCC) released the latest version of its Special Report on Global Warning, which describes a dire future without immediate and far-reaching action to reduce greenhouse gases — difficult when global emissions continue to rise.
Resilience is an organization’s ability to adapt to risks and threats that challenge its viability. It’s also an imperative in the face of an increasingly broad and unpredictable risk landscape. This is especially true when it comes to energy and sustainability.
Investors and customers alike recognize the effects of climate change, and other factors that increase volatility and vulnerability. And the pressure these groups are applying to address these concerns and drive change can no longer be ignored.
The urgency of the climate crisis is a daily reminder that we must take action. Keep in mind that August 1 marked 2018’s Earth Overshoot Day, the day by which humanity has consumed more resources than could be regenerated by our planet in one year.