98% of PH companies established sustainability goals — Schneider Electric

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Sustainabiility Nouvelles

Schneider Electric,Philippine Companies

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Most Philippine companies have included sustainability as part of their agenda, according to a survey by French multinational firm Schneider Electric.Citing results of its Green Impact Gap survey, Schneider Electric said that “98% of Philippine companies have established sustainability targets.”Moreover, 22% of Filipino firms “plan to invest at least $1 million or more towards their sustainability agenda in the next two years,'' it said.

Businesses now understand that digitalization will help drive operational resiliency and achieve their sustainability agenda,” said Ireen Catane, country president of Schneider Electric Philippines.However, while 98% of Philippine firms have sustainability goals, “only 52% of companies have implemented comprehensive sustainability strategies,'' Schneider Electric said.

 

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