Schneider Electric has announced the release of a white paper to promote one-planet compatibility as the necessary framework for long-term business success. Developed in partnership with Global Footprint Network, the international sustainability organization that pioneered the Ecological Footprint, the white paper lays out a detailed approach and supporting metric for one-planet compatibility and the reduction of carbon emissions.
In 2019, Schneider Electric and Global Footprint Network teamed up to invite business leaders to assess how one-planet compatibility strategies can deliver differentiation and value in the market. One-planet companies offer goods and services that help balance society's demands on nature with what the earth's ecosystems can provide. Research indicates that companies with business models that increase human well-being and resource security are much more likely to be economically successful in the long-run than those companies that are incompatible with one-planet prosperity and will inevitably face shrinking demand and increasing risks.
The white paper, entitled "The Business Case for One-planet Prosperity," highlights the impact of decarbonization, infrastructure upgrades, retrofits and legislation on postponing Earth Overshoot Day. It also outlines strategies to deliver long-term value from several companies in diverse sectors such as energy, food, healthcare and waste remediation
