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Schneider electric's Hyderabad factory named WEF sustainability lighthouse
The Business Guardian
|December 21, 2023
Schneider Electric, the leader in the digital S transformation of energy management and automation, today announced that its Hyderabad, India, factory has been recognized by the World Economic Forum as a Sustainability Lighthouse.
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This is the third such recognition for Schneider Electric, whose factories in Lexington, Kentucky, and Le Vaudreuil factory, France, received Sustainability Lighthouse status in 2021 and 2022, respectively.
The World Economic Forum began the Global Lighthouse Network initiative in 2018 to recognize manufacturers leading growth of the Fourth Industrial Revolution (4IR). The network now consists of more than 150 Advanced Lighthouses worldwide. Just 17 of these are also Sustainability Lighthouses which are recognized by the Forum for their technology-enabled improvements on environmental footprint. Together, these serve to showcase best practices of how companies can leverage 4IR solutions to unlock new levels of sustainability and efficiency in their operations.
This story is from the December 21, 2023 edition of The Business Guardian.
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