Schneider Electric, the leader in the digital transformation of energy management and automation, today announced that it has been recognized by the World Economic Forum and McKinsey as one of three global Circularity Lighthouses in the built environment.
This new designation recognizes pioneering circularity solutions that demonstrate innovation, substantial impact and value, and maturity of scale. The new lighthouses were selected by an independent panel of experts from industry, academia, and public life.
The World Economic Forum defines the built environment as residential and commercial infrastructure. Together, this is responsible for 39% of energy-related CO2 emissions, 33% of material consumption and waste generation, and 25% of land system change. The Forum’s Circular Lighthouse network provides companies a way to share and learn from one another to rapidly accelerate action and scale for greater resource efficiency.
