Sustainability Magazine June 2024 | Page 129

STRATEGIES
ABB reports that the global electrical enclosure market size is projected to grow from US $ 7.42bn in 2024 to US $ 13.15bn by 2032
How can companies build long-term resilience into sustainability strategy ? “ Collaboration between organisations , suppliers and customers is crucial in helping each party build resilience and reduce their overall impact in line with Scope 1 , 2 and 3 emissions ,” believes Sorouch .
“ Partnering for sustainability involves taking action to decarbonise your operations , as well as empowering your customers with the tools and knowledge to decarbonise their operations . This means adopting the role of sustainability consultants to partners and suppliers that are on their own journey to decarbonise . The right partnerships can simplify and accelerate not just your own sustainability journey , but our collective journey to net zero .” Schneider Electric celebrates its partnerships with pride , backed by its belief that sustainability is a journey best embarked on together .
“ For companies big and small , anticipating what ’ s coming can help create more business opportunities ,” he concludes .
“ This means creating a roadmap with attainable targets so that sustainability is being consciously embedded into the business ’ s strategy to maximise competitive advantage and outcomes .”
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