32Rexel Today 2020-2021
The electrical industry is undergoing a massive transformation. Energy management is a major challenge and a development opportunity for Rexel. Fostering energy innovation and progress in the communities in which the Group operates is both an ambition and a responsibility for the building of a sustainable future. As a clean and safe energy, electricity is an essential lever for the sustainable transformation of local communities. Rexel is at the heart of the electrical industry, committed to limiting the rise in global temperatures to +2°C by the end of the century. Energy management alone can absorb 40%(1) of the emissions reductions needed to meet the targets of the Paris Agreement on climate change. Rexel distributes and develops products and solutions that help to accelerate the energy transition while reducing its own environmental footprint.
(1) IEA 2018 Report, Energy Effic ency 2018.
Creating sustainable value for the world of energy
Rexel s sustainable development strategy is one of the major tools the Group uses to meet its profitable growth and value creation objectives. Despite the crisis, Rexel has no intention of lowering its ambitions in terms of energy transition, the latter representing a major lever of sustainable growth. In May 2020, Rexel joined forces with around 100 French companies in the French Business Climate Pledge to collectively announce industrial and R&D investments of at least ¤73 billion over the 2020-2023 period, to reduce greenhouse gas emissions. This move toward a low-carbon economy can already create jobs and value, notably through energy retrofits, the development of green mobility and the storage of renewable energy. In the long term, structural trends and trends favorable to more electricity use should further accelerate this value creation.
Building a sustainable future