International. Schneider Electric was recognized for its energy conservation and management activities at more than 300 company facilities around the world. The company was awarded the Management Award at the 2014 Platts Global Energy Award.
"Energy efficiency is in our DNA, so we are particularly proud to have been recognized for the extensive efficiency programs we have implemented at our facility," said Chris Hummel, Marketing Manager at Schneider Electric.
"We always seek to help businesses and people around the world get more value from the energy they consume while reducing emissions. This award given to us by Platts is a great recognition of the achievements we have made and our commitment to implementing best practices internally."
Schneider Electric received the management award for its efficiency initiative, in the commercial end-user category, for the results it achieved with the company's Energy Action program. The management award honors exemplary achievements with strategic vision, industry leadership, management, and innovative technologies.
Schneider Electric launched the energy action program in 2011 and embarked on an ambitious plan to apply its best practices and develop new energy-saving techniques at its own facilities around the world while maintaining a focus on innovation, sustainability and operational excellence. By the end of the third quarter of 2014, Schneider Electric exceeded the program's targets, reducing core energy consumption by nearly 13 percent and carbon emissions from transportation by more than 16 percent. At the same time, the company grew its revenue from Green Premium products to more than 70 percent of its total business, another key goal of the program.
Over the past 15 years, the Platts Global Energy Award has honored and recognized those who have gone above and beyond to achieve excellence in leadership, innovation and performance in the energy industry. More than 200 nominations are received each year from more than 25 countries. Entries are evaluated by a prestigious panel made up of academics, legislators, energy ministers, regulatory authorities and industry luminaries. Platts' global energy awards are presented at an annual banquet held in New York City.
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