Seventy-Five Percent of Schneider Electric Revenues Come with Eco Labeled Products
Life cycle assessment (LCA) has gained significant traction in BUILDING sector in the last 10 years as a tool for evaluating the environmental performance of products. That’s what a last survey done by Schneider Electric with more than 1500 customers around the world shows.
According to the survey, customers increase their interest to green products due to:
- The need to have long lasting and repairable products to secure their assets and ensure continuity of operations
- The need to have toxic free products to comply with Regulations, cope with Business Requirements
The survey concludes Sustainable Offer Performance is an important driver when making business decision, and ~50% Customers are ready to pay more for superior product reparability and serviceability.
Schneider Electric is being on the lead of it. The company has launched a label called Green Premium to identify products complying with most demanding hazardous substances regulations and that have a complete environmental profile available. 75% of company revenue comes from Green Premium and new products are developed with Schneider EcoDesign Way.
(Today Green Premium Performance: 75.9% above our 2017 target which is 75%)