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Egypt’s Paragon among 12 global winners of Schneider Electric Sustainability Impact Awards
Egypt’s Paragon was the sole Arab winner among 12 global winners of Schneider Electric’s second edition Sustainability Impact Awards.
Paragon – recognized under the category of “Impact to My Customers” – uses centralized utility data management and energy load metering to monitor efficiency and equipment performance. It has decreased power consumption by 15% with 6% from renewable sources. Water usage also dropped by 15% with a grey water system.
The Paragon site’s annual utility expenses achieved 21% in annual energy savings and reduced CO2 emissions by 1,092 tons.
The winners of the Sustainability Impact Awards were commended for their pioneering decarbonization efforts, both within and beyond their organizations.
Launched in 2022, the awards honor the contribution of Schneider’s partner ecosystem in creating a more sustainable and electric world. This year, Schneider broadened the scope of eligible companies to include customers and suppliers as well as channel partners.
This year, entrants were assessed on their integrated approach to sustainability, their efforts to Electrify, Reduce, and Replace and their endeavors to create a Electricity 4.0 future through actions to Strategize, Digitize, and Decarbonize.
These include improving energy efficiency and implementing digital tools and technologies as well as other examples of impact and innovation. Selection criteria also incorporated wider efforts to achieve net-zero targets through the electrification and digitization of operations. In addition to receiving valuable recognition, award winners benefit from global visibility which could lead to new business opportunities.
“The Sustainability Impact Awards has been a great platform for us to celebrate the valuable contributions made by our customers and partners worldwide towards decarbonizing not only their own operations but beyond. It remains crucial that we work together to achieve our collective sustainability goals, and we value the opportunity to learn from one another. By opening the Awards to partners, customers and suppliers this year, we hope that in sharing their stories, they will serve as inspiration to organizations worldwide embarking on their decarbonization journey. Massive congratulations to the winners for their exceptional commitment towards making a positive impact,” Rohan Kelkar, EVP for Global Power Products at Schneider Electric said.
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