Author and Contributor
Carmen Garcia Bango
Nowadays, becoming a green company is not a trend anymore, firms have to adapt to the new times and this is the case of Schneider Electric (SE). SE was founded in 1836 in France and today it operates globally in the heavy and energy industries. To become such an important player in the market, one of the main focuses of SE is R&D investment, the company destines between 4-5% of its sales revenue on this activity, and taking into consideration that in 2013 SE sales reached 24 billion euros its investment in R&D can be considered pretty high.
But why can we consider Schneider Electric a Green company?
The answer is Shore Connection, which is a start-up inside of SE. Shore Connection is an answer to Kyoto protocol to reduce pollution produced by ships and ports. How does Shore Connection make that possible? Easy, what this company does is provide power to the ships through energy instead of burning fuel, which is one of the most harmful ways of pollution. In addition, through the implementation of Shore Connection and its technology known also as “Cold Ironing”, the acoustic pollution can be decreased dramatically in ports.
We can already find Shore Connection in locations such as Los Angeles Port, but the goal of Schneider Electric is implement this technology in as many ports as possible, focusing now in emerging economies where the maritime business is growing rapidly.