February 6, 2023
Schneider Electric, a power management company, has launched a set of tools to help its MSP and data center customers provide evidence of conformance with emission regulations to their customers.
Schneider says it intends to provide customers with tools to produce detailed data on their emissions and “what-if” contexts to anticipate the effects of new products, technologies, and their operations in order to avoid greenwashing fines.
“The challenge right now is companies want to appear to be sustainable and try to gain some sort of an advantage over others, yet there’s no real accountability to what you say,” said Carsten Baumann, director of strategic initiatives & solutions architect at Schneider Electric.
The Securities and Exchange Commission (SEC) has previously recommended reforms to its rules which would necessitate registrants to account for certain climate-related dangers that are highly probable to have a measurable impact on their business.
The proposed reforms say companies will be required to provide three elements in their climate disclosure: the first is the climate-related risks to their business. Second, they must disclose the operation’s greenhouse gas emissions. Third, they must follow some sort of climate-related metric, which is where the Schneider tools come in.
Fears about penalties, combined with the overall tension of the sustainability movement, have led to a fear of “greenwashing,” in which companies claim to be environmentally friendly but aren’t what made Schneider Electric unveil these tools.
The sources for this piece include an article in Datacenterknowledge.
