Schneider Electric’s Building Automation Business Unit joins Clinton Climate Initiative

Global Effort to Help Address Climate Change by Improving Energy Efficiency

[an error occurred while processing this directive]

DALLAS, August 6, 2007 – Schneider Electric, a world leader in power and automation solutions for buildings and industry and TAC, its Building Automation Business Unit, today announced that they have joined the Clinton Climate Initiative (CCI) in a global effort to help cities around the world improve the energy efficiency of buildings and decrease greenhouse gas emissions.

Through its TAC subsidiary, Schneider Electric’s Building Automation Business Unit is a recognized innovator in building management systems and has an unparalleled track record of providing building automation solutions, energy saving retrofits and extended services to thousands of cities around the world. It has helped cities from Anchorage to Zurich save hundreds of millions of dollars in energy savings through guaranteed performance contracts. The U. S. Green Building's Council estimates that commercial office buildings use 20% more energy on average than necessary.

“Climate change is a global problem that requires local action,” said President Clinton. ”The business, banks and cities partnering with my foundation are addressing the issue of global warming because it’s the right thing to do, but also because it’s good for their bottom line. They’re going to save money, make money, create jobs and have a tremendous positive impact on climate change.”

Schneider Electric becomes the sixth world class company selected for this global Energy Efficiency Building Retrofit Program, the first project of CCI’s C40 Large Cities Climate Summit. The project brings together five of the world’s largest banks, and sixteen of the world’s largest cities, in a landmark program designed to reduce energy consumption in existing buildings.

“We will audit buildings, engineer efficiency measures, implement retrofits, provide performance guarantees of energy savings, work on an ongoing basis with CCI to lower total system costs. We will help gain back the wasted resources while at the same time ushering in a new era in social responsibility,” commented Arne Frank, Executive Vice President Schneider Electric’s Building Automation Business Unit.

Jean-Pascal Tricoire, President and CEO of Schneider Electric: “Schneider Electric has rolled out an action plan to consume better and consume less. Our commitment is to help our customers to make significant improvements in their energy efficiency, whether in their buildings, factories, infrastructures or homes. By joining Clinton Climate Initiative, we affirm our engagement and we participate in the convergence of society’s players towards more sustainable development.”

[an error occurred while processing this directive] Some key achievements of 2007:
· Schneider Electric signed the Nicolas Hulot’s Ecological Pact and pledges to include most of the 10 proposed objectives in its corporate policy
· Schneider Electric China joins the Energy Management Company Association (EMCA) and the China Building Electricity Efficiency Committee (CBEEC) in order to respond to the country’s energy-saving strategy, allowing customers to save, optimize and renew energy sources, while demonstrating its commitment to China.

About the Clinton Climate Initiative
Building on his long-term commitment to preserving the environment, President Clinton launched the Clinton Foundation’s Climate Initiative in August 2006 with the mission of applying the Foundation’s business-oriented approach to the fight against climate change in practical, measurable, and significant ways. In its first phase, CCI is working with the C40 Large Cities Climate Leadership Group to accelerate efforts to reduce greenhouse gas emissions. CCI team members have visited nearly all of these cities and are working with them to define projects and take action.

The C40 Large Cities Climate Leadership Group is comprised of the following cities: Addis Ababa, Bangkok, Beijing, Berlin, Bogota, Buenos Aires, Cairo, Caracas, Chicago, Delhi, Dhaka, Hanoi, Hong Kong, Houston, Istanbul, Jakarta, Johannesburg, Karachi, Lagos, Lima, London, Los Angeles, Madrid, Manila, Melbourne, Mexico City, Moscow, Mumbai, New York, Paris, Philadelphia, Rio de Janeiro, Rome, Sao Paulo, Seoul, Shanghai, Sydney, Toronto, Tokyo, and Warsaw. For more information contact the Clinton Foundation Press.

About Schneider Electric
Schneider Electric is the world leader in electrical distribution and automation & control. Schneider Electric develops a global offer of products and services for the residential, building, industry, energy and infrastructure markets. Schneider Electric employs 112,000 people, sells in 190 countries and, in 2006, made sales of € 13.7 billion through its distributors’ 13,000 sales outlets. www.schneider-electric.com.

About TAC
TAC is a leading provider of building automation solutions based on Open Integrated Systems for Building IT. TAC's mission is to provide added value through building environment services for indoor climate, security and use of energy, delivered with advanced technology to end users and property owners throughout the world. With over 80 years of experience in the HVAC, building automation and security arenas, TAC employs more than 5,000 people worldwide, with partners and branches in 80 countries. TAC's parent company, Schneider Electric, is the world’s power and control specialist with 112,000 employees worldwide and operations in 190 countries.  For more information visit www.tac.com

[an error occurred while processing this directive]
[Click Banner To Learn More]

[Home Page]  [The Automator]  [About]  [Subscribe ]  [Contact Us]