Dallal2:45
Yes, sure. Thank you for this question. So first of all, I would like to start by talking about why this is even a topic. Why are we speaking about sustainability? And it was mentioned also briefly by Fred. So first of all, we know that this industry is highly energy and water intensive and we also know that it generates a lot of waste. In 2020, for instance, the industry generated more than 60 million tons of CO2. And we expect more than 90 fabs to come online between now and 2030. So this will be increasing the carbon footprint of the industry if we don't do anything and the time to act is now. So now looking at sustainable transformation, the fab owners need to have a systematic approach to decarbonization, focusing on scope one, two and three. If we zoom into scope two and three, renewable energy adoption is absolutely the key. It's part of the answer, but also energy consumption reduction or energy efficiency. And here you really have the opportunity to leverage digital to make a meaningful impact. So how do you do that? So you start from the basics, starting by collecting data and monitoring, and then you get to data driven insights that will be across your organization, within the fab or across multiple fabs depending on your strategic priorities, either at regional level or at global level. And then you take smart, actionable decisions based on real time learning. And you are able to achieve all of this using machine learning analytics and artificial intelligence. We at Schneider Electric are able to really accompany the fab owners all the way from working together with them to build a digital transformation strategy that is aligned with the strategic priorities, that is actionable based on technology and architecture. And we can bring also our full suite of software and solution addressing sustainability, resiliency, efficiency.