Schneider Electric was recently honoured with a Stewardship Award at the 2014 Platts Global Energy Awards, during a special ceremony in New York. The award recognises Schneider Electric for its efforts to conserve and manage energy consumption.

Schneider Electric received the Stewardship Award for Efficiency Initiative in the Commercial End-User category for results achieved through the company’s Energy Action Program. Stewardship Awards honour exemplary achievement in strategic vision, industry leadership, stewardship and innovative technologies.

Schneider Electric launched the Energy Action Program in 2011, embarking on an ambitious plan to employ its own best practices and develop new energy savings techniques at its own facilities around the world through a focus on innovation, sustainability and operational excellence. By the end of Q3 2014, Schneider Electric had exceeded Program targets by reducing core energy consumption by almost 13 percent and carbon emissions from transportation by more than 16 percent. At the same time, the company has increased revenue from Green Premium products to more than 70 per cent of its total business – another key goal of the Program.

“Energy efficiency is in our DNA, so we are especially proud to be recognised for the extensive efficiency programs we’ve implemented in our own facilities,” said Chris Hummel, Chief Marketing Officer, Schneider Electric. “We continuously help companies and individuals across the globe get more value out of the energy they consume while reducing emissions, and this honour from Platts is strong recognition of that record of achievement and our commitment to adopt best practices internally.”

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