Businesses need to accelerate their existing adoption of digitisation, electrification and automation in an effort to curb climate change and gear towards sustainability. All these processes would prove that they would be able to compensate businesses and even generate profits, according to France-based industrial technology company Schneider Electric.
"To fight climate change by attempting to control the world's temperature not to increase by 1.5 degrees Celsius in terms of global warming, the business world needs to accelerate three times faster," said Zheng Yin, executive vice-president for China & East Asia Operations, on Wednesday during Schneider Electric's "Innovation Summit Bangkok 2023: Innovations for a Sustainable Thailand" at Bitec. The event continues on Thursday.
