Schneider Electric Expands EcoStruxure™ Resource Advisor to Drive Enterprise Sustainability.

Schneider enhances EcoStruxure™ Resource Advisor by integrating end-to-end functionality for regulatory compliance management, carbon credits and custom dashboards.

Schneider Electric announced significant improvements to its portfolio of solutions aimed at managing corporate sustainability programs. These innovations enable organizations to improve environmental, social and regulatory compliance governance and provide an enhanced experience in managing renewable resources. EcoStruxure™ Resource Advisor, in turn, evolves with new functionalities, strengthening its position as a platform comprehensive and sophisticated.

With these updates, Schneider Electric consolidates itself as a leader in the development of sustainable technologies that help companies meet their ESG (Environmental, Social and Governance) goals. In addition Schneider company offers advanced customizable dashboard tools, allowing detailed and efficient visualization of management data. These improvements not only make it easier to comply with environmental regulations, but also support corporate strategies for carbon reduction and other sustainable practices.

Schneider Electric: Digital Transformation of Energy Management

São Paulo (Brazil), August 2024 – The global leader in the digital transformation of energy management and automation, Schneider Electric, announces significant advancements in EcoStruxure™ Resource Advisor. This comprehensive set of business solutions is designed to empower global organizations in the areas of ESG, energy efficiency, use of renewable energy and carbon management.

New EcoStruxure™ Resource Advisor Features and Integrations

Previously focused on standalone solutions, the platform now includes a diverse range of integrated functionalities to meet growing market demand and the complexity of corporate sustainability requirements. These needs are heightened by stakeholder expectations as well as stringent new reporting regulations such as the European Union's Corporate Sustainability Reporting Directive (CSRD) due to be implemented in 2025 and the CDP.

Importance of Regulations in the Brazilian Scenario

In Brazil, CVM resolution 193 of 2023, effective from 2026, stands out for dealing with the preparation and disclosure of financial reports related to sustainability, in accordance with the international standard established by the International Sustainability Standards Board (ISSB). With the growing need for human resources, tools and budgets allocated to sustainability programs, companies face challenges to optimize their ESG reports, implement sustainable practices, manage renewable energy projects, reduce their carbon footprint, optimize energy purchasing and improve operational efficiency.

Schneider Electric Specialized Solutions

The updated Resource Advisor suite offers specialized solutions tailored to the diverse needs of companies, providing flexibility and depth for users to uniquely navigate their corporate sustainability journeys. Capabilities can be used individually or integrated, depending on the specific objectives of each client.

Indicator Library and Data Hub with AI

With the expansion of the library of ESG indicators aligned with global frameworks such as CDP and future regulations such as CSRD, Schneider's ESG Resource Advisor considerably improves the management and reporting of corporations' ESG efforts. One of the highlights is the advanced data hub, powered by artificial intelligence (AI), which enables improved integration and accuracy of business data.

Data Management and Custom Visualizations

Easily connect physical asset data to legal entities, adapting to jurisdiction-specific reporting requirements, the platform provides visualizations and custom dashboards for analyzing data and trends in companies’ ESG journey. According to Steve Wilhite, president of Schneider's Sustainability Business area, demand for precise technologies is expected to grow as customers strengthen their sustainability capabilities.

Optimization of Energy Purchase and Carbon Credits

Resource Advisor maintains its leadership in managing the expenses and risks associated with traditional energy commodities while facilitating the transition to renewable energy. It is vital for corporations to prioritize the use of renewable energy and environmental commodities such as carbon credits. With features that improve auditability and information sharing, as well as automated calculation of renewable energy coverage, users can manage these purchases strategically.

Reports and Strategic Relocations

Customers can now quickly identify underutilized assets or sites that have exceeded targets, enabling strategic reallocations or sales of surplus certificates to generate revenue. Wilhite highlights that standard global reporting functionality allows you to monitor progress towards critical renewable energy goals, such as a commitment to consume 100% renewable energy by a specific date.

Ideal Partnership for Corporate Sustainability

With these updates, Schneider Electric establishes itself as an ideal integrated partner for companies that aim to comply with rules such as CSRD and other environmental regulations, as well as serving corporate leaders who consider ESG performance to be a crucial indicator of business health. Amy Cravens, ESG Reporting and Management Technologies Research Manager at IDC, says that Resource Advisor stands out in the market for offering end-to-end functionalities in ESG, sustainability, procurement, renewables & carbon and efficiency management.

For more information about Schneider Electric's EcoStruxure™ Resource Advisor, visit the website [link].

Source: © Schneider Electric Press