Schneider Electric adds net zero consultant to portfolio

Schneider Electric has completed the acquisition of net zero consultant EcoAct, headquartered in Paris, France.

The company said that EcoAct’s portfolio of net zero and nature-based products and services, including consulting, climate data tools, and carbon offset project development, will ‘expand and accelerate Schneider Electric’s global Sustainability Business, a leading provider of advisory services in areas such as energy management, net zero consulting, climate risk and reporting & disclosure.’

The two companies will provide end-to-end solutions that lead organisations through the net zero transformation and beyond, they added, supporting the development of sustainability strategy and target setting through to decarbonisation across Scope 1, 2, and 3, enhanced by an AI-led portfolio of digital tools.

Steve Wilhite, President, Sustainability Business at Schneider Electric said:

“We have long admired the team at EcoAct, and bringing our two organisations together will help us to accelerate the ability to serve our clients all over the world. Companies understand the urgency to act but continue to face complexities when it comes to decarbonisation. I’m confident that our combined best-in-class teams will help our clients to accelerate even faster towards their net zero ambitions.”