Schneider Electric, a global leader in energy management and automation solutions, has announced its expansion in the sustainability sector through the acquisition of EcoAct. The specific financial terms of the deal have not been disclosed. This strategic move enables Schneider Electric to incorporate a division of the Atos Group into its operations, specifically tapping into the valuable expertise and consultancy services offered by EcoAct.
By acquiring EcoAct, Schneider Electric aims to strengthen its position in the sustainability market and enhance its portfolio of sustainable solutions. EcoAct is known for its extensive knowledge and experience in assisting organizations with their sustainability strategies. This acquisition aligns with Schneider Electric’s commitment to providing innovative and eco-friendly solutions that contribute to a more sustainable future.
The integration of EcoAct into Schneider Electric’s business will further bolster the company’s ability to deliver comprehensive sustainability services to its clients. Schneider Electric recognizes the increasing demand from businesses worldwide to reduce their environmental impact and embrace sustainable practices. By combining forces with EcoAct, Schneider Electric can provide tailored solutions and guidance to assist companies in achieving their sustainability goals effectively.
As part of the merger, Schneider Electric will gain access to EcoAct’s wide-ranging consultancy services, which include carbon reduction strategies, sustainability reporting, and renewable energy solutions. These offerings will complement Schneider Electric’s existing suite of energy management and automation solutions, allowing the company to offer a holistic approach to sustainability for its customers.
The acquisition of EcoAct also aligns with Schneider Electric’s ambitious sustainability goals. The company has made a commitment to becoming carbon-neutral by 2025 and has set targets to achieve carbon neutrality across its supply chain by 2030. Through collaborations and investments in sustainable technologies, Schneider Electric aims to empower its customers to achieve their own environmental objectives while driving positive change globally.
In conclusion, Schneider Electric’s acquisition of EcoAct marks a significant step towards expanding its sustainability portfolio. By leveraging EcoAct’s expertise, Schneider Electric can provide comprehensive sustainability solutions to its clients, helping them navigate the complexities of environmental challenges. This strategic move reinforces Schneider Electric’s commitment to driving sustainable innovation and promoting a greener future for businesses worldwide.
