Schneider Electric Enhances Enterprise Software Suite
13 Aug,2024
Schneider Electric announces major enhancements to EcoStruxure Resource Advisor, a versatile enterprise software suite of solutions designed to empower global companies across efficiency, ESG, energy and risk, and renewables and carbon. This strategic evolution from a platform of stand-alone solutions to an integrated and multifaceted suite addresses the rapidly maturing market and the increasing complexity of corporate sustainability needs. Much of this has been driven in the market by escalating stakeholder demands and stringent reporting requirements, including the European Union’s Corporate Sustainability Reporting Directive (CSRD) starting in 2025. Recent research has highlighted a significant uptick in corporate sustainability programs, evident in increased resourcing in people, tools, and budget. Companies are increasingly challenged to streamline ESG reporting, implement sustainability initiatives, manage renewable energy projects, reduce carbon footprints, optimize energy procurement, and enhance operational efficiency through targeted energy-saving measures. The enhanced Resource Advisor suite offers specialized solutions that cater to these diverse needs, providing users with flexibility and depth to navigate their unique sustainability paths. Clients can leverage these capabilities individually or collectively, depending on their specific enterprise sustainability goals. “As our clients and other global enterprise companies scale up their sustainability capabilities, we anticipate a growing need for precision technology and tools required to meet their evolving needs,” said Steve Wilhite, president, Schneider Electric Sustainability Business. “We’re excited about the targeted capabilities and emphasis on interoperability within Resource Advisor. The diverse set of stakeholders that often find themselves in energy, sustainability, or ESG projects – including legal, compliance, sustainability, procurement, operations, and technology teams – can solve even more of their pressing challenges with Resource Advisor.”