Schneider Electric Sustainability reached 10 million in the first year

Schneider Electric, the leader in the digital transformation of energy management and automation, will be celebrating the first anniversary of its sustainability initiative Green Yodha. The initiativetargeted at building collective climate action through conscious citizens, businesses, and institutions reached over 10 million individuals&businesses in the last 1 year.

 It adopted a segment wise outreach approach and created awareness with companies operating inPower & Grid, Consumer Products & Goods, Mobility and Water and Water Waste Management etc.through varied digital and on ground initiatives

SE Ventures,a global venture capital fund backed by Schneider Electric,announced a €500 million Fund II establishing the firm as one of the largest VCs focusing on climate and industrial technology. Backed by Schneider Electric, the global leader in the digitalization of industrial automation and energy management, this move builds upon a 2018 Fund I to bring SE Ventures to €1 billion of committed capital. Fund II will begin deployment in January 2023, doubling down on SE Ventures’ track record of success as an accelerant for category-defining companies in climate-tech, industrial AI, mobility, prop-tech and cybersecurity. On this occasion, Anil Chaudhry, Zone President, India and CEO & MD Schneider Electric India Pvt. Ltd said “This initiative is a testament of our commitment to India’s sustainable future. We must keep moving to maintain the equilibrium and achieve the #NetZero target.”

By Business Correspondent

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