Schneider Electric is the winner in the Investment for Sustainable Development category in the annual B2B Media Awards

Schneider Electric is the winner in the Investment for Sustainable Development category in the annual B2B Media Awards

The award is for an investment in an innovative geothermal energy system at the company’s factory in Plovdiv

Schneider Electric Bulgaria won the prestigious first place in the category “Investment for sustainable development’ – one of the most significant and contested at the Annual b2b Media Awards. The awards distinguish and encourage the best entrepreneurs, the most innovative companies, the most sustainable employer branding programs, as well as social responsible campaigns.

In June 2022, Schneider Electric made a large-scale investment in the expansion of their Smart Factory in Plovdiv. Along with the expansion, the company began the construction of the first innovative geothermal energy system in Bulgaria in an industrial enterprise. The main goal of this project is to build an air conditioning installation that uses a geothermal heat pump system as the main source of energy. By using the earth’s energy, Schneider Electric aims to reduce the environmental impact of the system throughout its life cycle.

“The everyday business and sustainable development do not diverge and companies that understand this will be much more competitive in the future,” pointed out Kalina Petkova, Regional director of “Corporate Communications South East Europe’ at Schneider Electric. “Being sustainable means being here for a long time and to withstand the challenges. All our own digital solutions for buildings and industry that we have implemented in the Smart Factory in Plovdiv, are on the market and can help many businesses along this path.” she added.

Through its continuous investments for sustainable development, the creation and the implementation of innovative solutions and initiatives Schneider Electric gives an invaluable example to industry and business that a greener future is possible.

Source: Schneider Electric

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