Schneider Electric finalises acquisition of EcoAct

Alina Oprea
Schneider Electric has announced that after entering into exclusive negotiations with Atos Group on July 3, 2023, it has finalized the acquisition of EcoAct SAS, a company that offers climate consulting and net zero solutions headquartered in Paris, France. The completion of the transaction follows consultation with the relevant employee representative bodies and approval from the competent regulatory authorities. The acquisition represents the coming together of two organizations to accelerate business solutions that deliver true value for both climate and clients.

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 provider of advisory services in the areas of energy management, energy efficiency, renewable energy and environmental commodity procurement, sustainability and net zero consulting, climate risk, sustainability communications, and reporting & disclosure.

The joining of the two organizations expands Schneider Electric's capabilities to provide end-to-end solutions that lead organizations through the net zero transformation and beyond.

The company's advisory services support the development of sustainability strategy and target setting through to decarbonization across scopes 1, 2, and 3, enhanced by its AI-led portfolio of digital and data management tools.

Schneider Electric and the Atos Group have established a foundation for a strategic partnership on decarbonization by combining Technology and Sustainability expertise to build products and solutions that enhance their customers' paths to net zero.

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Green Forum  |  20 June, 2024 at 8:04 AM