Jackson Singh, Vice President for sustainability and strategy at Schneider Electric, discussed the challenges faced by businesses seeking to become more sustainable. Although cost is a significant barrier, Singh emphasized the need for companies to consider the long-term competitive advantages of sustainable practices, as sustainability is becoming a business risk.
Singh also shared Schneider Electric's net zero commitment and progress, with the aim of achieving carbon neutrality by 2025. Looking ahead, Singh hopes to see continued support for businesses to adopt efficient and sustainable technology, particularly for SMEs, in the upcoming budget. He also emphasized the importance of incentivizing companies to train their workforce with the relevant skill sets and knowledge needed to deploy sustainable plans effectively.
In conclusion, the interview underscored the importance of taking a long-term view and leveraging available support programs to make the transition to sustainable operations more feasible. As businesses confront difficult decisions in challenging economic conditions, sustained support for sustainability will be critical in the upcoming budget.
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