While structured equity was late to the ESG party, with the first green convertible bond by a European company only arriving in 2020, it caught up quickly. When EDF printed its convert in September it was the biggest green bond from a European corporate in any format. Yet it was the world’s first sustainability-linked convertible bond from Schneider Electric that most advanced ESG issuance.
President Joe Biden has been busy in his first days in office, signing executive orders that set the stage for the environmental and social priorities for the next four years. Among these are several climate-related actions that will have downstream ramifications for companies pursuing renewable energy and carbon neutrality commitments. Here are the top four actions our team of experts is tracking – and their potential impacts on U.S. companies.
1. The Biden administration is serious about tackling the climate crisis at home and abroad
The need for a low-carbon future is undeniable and the time to take action on a climate change strategy is now. To lead in the climate crisis means factoring climate risk into business strategy and actively identifying opportunities to drive change. Enable solutions to tackle the climate crisis, accelerate action toward your carbon reduction goals and build business resilience.
The need for action towards a low-carbon future is undeniable. The time to gain a better understanding of climate change and create a more defined plan to mitigate it is now. The answers lie in digitization and innovation. To lead in the climate crisis means factoring climate risk into business strategy and actively identify digital opportunities to drive change.
Our experts, Albert Priori and John Hoekstra, discuss the acceleration of corporate climate action and how companies can take steps to tackle the climate crisis and accelerate action toward carbon reduction goals.
Laurent Bataille is executive vice president of the Digital Energy Division at Schneider Electric.
There are large gains to be made by digitizing building infrastructure. Digital technologies enable buildings to understand where people are, what they need, and what they don’t need. An end-to-end digital architecture will give us the potential to reduce our buildings’ impact on the environment by an average of 30% by reducing carbon emissions and lowering energy usage. The best way to achieve this is by integrating onsite renewable energy with active energy management throughout building systems.
“The age of fire is over. Now it’s time for the digital age.”
So says Jean-Pascal Tricoire, CEO of energy and automation firm Schneider Electric, which this week was announced on the Global 100 index as the world’s most sustainable company. Schneider develops systems that manage electricity for businesses and industry, in recent years working with corporations such as Walmart WMT +1.3%, Marriott and Deloitte to improve the energy efficiency of their properties.