• Schneider Electric calls to embrace digitization to accelerate sustainability and efficiency

    9 November 2022

    (8 November 2022, Hong Kong) Schneider Electric, the leader in the digital transformation of energy management and automation, today kicked off its Innovation Summit Hong Kong 2022 with a passionate call to accelerate digitalization for a more sustainable and efficient future, addressing the energy and climate challenges and setting out its approach and solutions in response.

    (按此瀏覽中文版)

    Schneider Electric is widely recognized as a leader on environmental, social, and governance (ESG) issues, and its products, services and other activities help customers, suppliers, business partners and communities further their own progress on those fronts.  The company has long advocated for taking action to reduce energy emissions, electrify and digitalize energy ecosystems, and ensure that all this is done with economic and people welfare in mind.

    “We’re in the midst of an energy transition that continues to evolve. Power consumption is projected to triple by 2050 as electrification and living standards grow, it’s vital that we deploy all the technologies that are already available now to accelerate digitization, electrification, and sustainability. Schneider Electric strives to take the lead in contributing sustainable development by joining hands with corporates to fight against climate change. Industry needs to embrace innovation and technology which can be accessed as the enabler of digitalization and automation in order to achieve sustainability and efficiency in the long run.” said Jonathan Chiu, President of Schneider Electric Hong Kong.

    Recently, Schneider Electric issued a new survey titled “Building a Greener and Smarter Hong Kong” in partnership with the Business Environmental Council to understand the readiness and challenges of businesses and leaders in sustainable transformation. To learn more about the study, please click here.

    Digital disruption driven by cutting-edge solutions

    Innovation Summit Hong Kong 2022 will bring together numerous industry leaders who will discuss ways to harness digital technologies to address common climate challenges and turn net-zero ambitions into reality.

    During the event, Schneider Electric is also showcasing its commitment to digitization and electrification by partnering with customers in different segments to innovate and move to a more sustainable way of doing business.

    Hang Lung Properties – Transformation to net-zero across a diversified portfolio of properties

    Given the critical need to achieve energy efficiency and sustainability, Schneider Electric’s cloud-based EcoStruxure™ energy management platforms including EcoStruxure™ Resource Advisor and EcoStruxure™ Building Advisor, have been deployed by Hang Lung Properties to manage 20 properties across its Hong Kong and Mainland China portfolio. This has been done to enhance energy management and sustainability performance, monitor and track energy usage for identifying opportunities to optimize energy performance to accelerate corporate sustainability.

    “Hang Lung Properties has been actively looking for ways to decarbonize our business and we target to reduce our greenhouse gas emissions intensity by 40% by 2025. With the deployment of the cloud-based EcoStruxure platform, we can remotely collect, analyze and visualize all ESG and GHG data about assets across our portfolio at ease. It will also help accelerate our progress in achieving our ‘25 x 25 Sustainability Targets’,” said Anthony Pau, Deputy Director (Head of Group Service Delivery), Hang Lung Properties.

    Ernst & Young – Shaping a smart and sustainable workplace of the future

    Advances in digital technologies and IoT enabled devices are empowering companies to reshape the smart workplace. The EY member firms in Hong Kong (EY Hong Kong) have collaborated on their new headquarters with Schneider Electric to launch a workplace management platform, Planon Workplace Insights, to achieve operational excellence, maximize space and enhance employee well-being. With the support of the EcoStruxure™ Facility Expert, EY Hong Kong has reshaped its working environment, transforming individual offices into a new workspace with 12 floors and 1,700+ desks in two buildings in Hong Kong. The platform can also seamlessly integrate with the organization’s own employee mobile app, which provides real-time updates on the workplace environment. Through constantly analyzing 10,000+ data from 2,000+ IoT sensors and systems, it allows the organization to build a smart workplace.

    Willy Wong, Technology Consulting Partner, EY Mtel Solutions Limited, says, “We are glad to have Schneider Electric as a collaborator in creating a complete and smart workplace that is both world-class and future proof. Their track record of delivering projects on a global scale, coupled with solid experience as a top-tier leader in the digital transformation of energy management and automation, has made Schneider Electric a reliable business partner.”

    Being part of the solution through digital disruption

    As part of its ambition of accelerating sustainability and building low carbon pathways, Schneider Electric is unveiling digital innovation enhancements.

    EcoStruxure Energy Hub – Future vision for sustainability

    To gain visibility into energy usage, costs and performance, and energy-saving recommendations, EcoStruxure Energy Hub, a secure, easy-to-use IoT software-as-a-service solution, simplifies energy management and analysis for intelligent buildings and facilities.  It features three phases of building energy management maturity:

    • Energy Compliance and Basic Awareness, helps building owners comply with building energy codes and create transparency to help drive energy-efficient and sustainable behavior. In addition to energy compliance data and electrical distribution monitoring and alarming, new enhancements allow users to allocate energy usage and costs to building tenants, driving energy usage accountability and savings.
    • Energy Performance, leverages analytics to develop deep insights into waste reduction, operational improvements and performance tracking, including energy savings tips as a new feature.
    • Energy Optimization, helps organizations drive continuous energy improvement in building operations without needing to invest in expensive and sophisticated on-premise automation systems.

    EcoStruxure for Retail Integrated Management Platform – Driving growth, achieving operational and energy efficiency, and improving customer satisfaction To cope with increasing expectations from millennial customers, retailers need a single platform to monitor, keep track, and control of all the systems, such as refrigeration, HVAC, energy, IT and security control in individual stores or an entire portfolio of buildings. With the EcoStruxure for Retail Integrated Management Platform, retailers can ensure that mission-critical retail systems are always up and running, with reliable and efficient tools providing 24/7 monitoring, in which the new capability of 3D modelling enables store layout rendering. It also simplifies the complexity of multi-site operations while preventing inventory loss and downtime, ensuring energy efficiency and an exceptional shopping experience.

    More Industry News
    HKIA 65th Anniversary Exhibition & Humanity Bank Inauguration
    (7 November 2022, Hong Kong) “Architecture for People” – HKIA 65th Anniversary Exhibition, organised by the Hong Kong Institute of Architects (HKIA) at Central Market officially opens on 4 November. The exhibition showcases the endeavors of local architects and their works, keeping up with the progress and developments of the city and embracing humanity in the spirit of [...]
    Swire Properties named Global Sector Leader for 6th consecutive year in Global Real Estate Sustainability Benchmark
    (1 November 2022, Hong Kong) Swire Properties announced that its sustainability efforts have been recognised at both the global and local level, and the Company continues to promote pioneering and industry-leading initiatives for tenants. (按此瀏覽中文版) For the sixth year in a row, the Company has retained its title of Global Sector Leader (Mixed Use sector) in the 2022 Global Real [...]
    Dubai’s ‘The Storm’ rollercoaster launches into the Guinness World Records
    (25 October 2022, Dubai) International multidisciplinary engineering consultancy Cundall, has designed a first-of-its-kind indoor rollercoaster that has been awarded the Guinness World Record for the fastest vertical launch. The Storm sees riders hurtling indoors at a top speed of 77km per hour along a 670-metre track that twists throughout the building. Standing 50 metres tall, The Storm is [...]
    Kerry Properties achieves outstanding results on sustainability
    (Hong Kong, 21 October 2022) – Kerry Properties Limited (“Kerry Properties”; HKEx: 0683) is pleased to announce its recent achievements on sustainability. 2022 GRESB Kerry Properties has been honoured with the title of “Regional Sector Leader” under the “Asia Diversified Listed Category” (Standing Investments Benchmark) by 2022 Global Real Estate Sustainability [...]
    “BEAM Plus Existing Schools Version 1.0” pioneers green building rating for HK schools, advocating green building & sustainability to the next generation
    (17 October 2022, Hong Kong) The BEAM Society Limited and Hong Kong Green Building Council jointly launched the “BEAM Plus Existing Schools v1.0” – Hong Kong’s first and foremost rating tool designed to assess the sustainability performance of school premises – at CIC Zero Carbon Park. The unique assessment tool and the technical guidebook comprises simple guidelines and assessment [...]
    RIBA HK Chapter 10th Anniversary series: Bishop Hill Reservoir guided tour & architectural conservation lunch seminar
    To celebrate the 10th anniversary of RIBA HK Chapter, RIBA HK Chapter and The Oval Partnership co-organised for its members and guests a guided tour to Ex-Sham Shui Po Service Reservoir (Bishop Hill Reservoir) on 29 August, 2022. The century-old underground reservoir was the first locally built circular underground service reservoir to provide fresh water to residents who lived in Kowloon [...]
    New World Development & Ares SSG Partner to Develop commercial complex in Cheung Sha Wan
    (30 September 2022, Hong Kong) New World Development Company Limited (“NWD” or “the Group”; Hong Kong stock code: 00017) announced today that the Group and a fund advised by Ares SSG Capital Management Limited (collectively with its group entities, “Ares SSG”) have formed a joint venture (JV) for the construction, development, marketing and sale of a [...]
    Swire Properties ranks No. 1 in Hang Seng Corporate Sustainability Index for fifth consecutive year
    (21 September 2022, Hong Kong)Swire Properties has topped the Hang Seng Corporate Sustainability Index (HSSUS), ranking No. 1 for the fifth year in a row. The Company achieved the highest total score amongst over 500 assessed Hong Kong-listed companies and maintained the highest rating of “AAA”, which was only awarded to two companies this year. This achievement underlines the Company’s [...]
    CBRE Strengthens Partnership with Negawatt Utility
    (21 September 2022, Hong Kong) CBRE Hong Kong announced today that it is teaming up with the prop-tech company Negawatt Utility Limited, to empower landlords in Hong Kong to enhance building operational efficiency through a full spectrum of energy-saving tools and consultancy services from Negawatt. The strategic partnership comes at a time when sustainability is becoming more important, [...]