Global specialist in energy management, Schneider Electric, was recently recognised in the ‘large corporations’ category for leading efforts in renewable energy and sustainability at the Zayed Future Energy Prize (ZFEP 2012)

General Sheikh Mohamad Bin Zayed Al Nahyan, Abu Dhabi Crown Prince and Deputy Supreme Commander of the UAE Armed Forces, presented the award to Jean-Pascal Tricoire, president and CEO, Schneider Electric.

The fourth edition of the award ceremony was hosted on the sidelines of the World Future Energy Summit (WFES 2012) at the Emirates Palace Hotel, in Abu Dhabi, a statement from the company said.

ZFEP also rewarded winners in the categories of small and medium enterprises and non-governmental organisations and Lifetime Achievement awards for individuals who received a total prize fund of $4 million which includes a $500,000 prize that will be awarded to high schools in 2013.

Schneider Electric was recognised for its work on clean-tech projects, which transcended beyond the company’s core business. Such initiatives include BipBop, the company’s pioneering corporate social responsibility (CSR) programme that  is based on ‘Business, Innovation, and People at the Base of the Pyramid’ and aims to develop access to reliable, affordable and clean energy for poor countries with limited or no access to electricity.

While the company is not subject to CO2 quotas, it publicly reports its CO2 performance through the carbon disclosure project (CDP). For the CDP programme, the company focuses on three sources of emissions: energy consumption at corporate sites, reduction of SF6 gas, and efficient freight control.

Schneider Electric also offers industry-leading solutions such as EcoStruxure, which optimises energy management by combining electrical distribution, critical power and cooling services, automation and industrial as well as building control systems, the statement said.

The company has additionally contributed to the Princess Elisabeth Antarctica station – a zero emission scientific research station, it said. – TradeArabia News Service