FOREWORD Net-zero CO2 ? You need Electricity 4.0
“ Sustainability is most promising at the point renewable energy meets digital ”
STEVE SMITH ENERGY MANAGEMENT CHIEF ,
SCHNEIDER ELECTRIC
The need to make progress on cutting carbon emissions in supply chains is pressing . Is ‘ Electricity 4.0 ’ the breakthrough that will catapult us towards our net-zero goals ?
The near-global pledge to achieve net-zero carbon emissions by 2050 has left many governments and businesses scrambling to make progress , seeking to stay on track with sustainability roadmaps and initiatives .
And , with supply chains accounting for as much as 80 % of organisations ’ total carbon footprint – in the shape of Scope 3 emissions , no less – the challenge faced by multinational businesses is , quite frankly , enormous .
So , as time ticks on , where is the headway being made ? In this issue , Schneider Electric ’ s Energy Management Chief , Steve Smith , says the biggest single factor in helping us hit global net-zero targets will be “ electricity 4.0 ”. This , he explains , is the point at which “ renewable electricity meets digital innovation ”.
It was the first time I ’ d heard mention of ‘ Electricity 4.0 ’. But – with businesses wrestling to keep on-point with their supply chain ’ s sustainability targets – I suspect it won ’ t be the last .
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