Schneider Electric helps restore energy supply in Ukraine
Ukraine: Schneider Electric has donated equipment worth $4.3 M (€4 M) to help restore essential energy supplies in Ukraine.
Image for illustration purposes
Ukraine: Schneider Electric has donated equipment worth $4.3 M (€4 M) to help restore essential energy supplies in Ukraine.
The donation was facilitated by the World Economic Forum (WEF) as a part of the organization’s ongoing efforts to identify concrete and practical steps its members can take to support humanitarian needs in Ukraine. With the support of Ukraine’s Ministry of Energy, the equipment will be deployed by public and private utilities including DTEK, a major energy provider in Ukraine, to help restore electricity to some of the 1.5 million people currently without supply.
On 11 March, WEF convened a forum of chief executives from its partner companies, academics, civil society leaders and Ukrainian leaders via a special roundtable to discuss the country’s immediate needs in relation to power and energy. The forum focused in particular on efforts to maintain the supply of electricity and heat for the people of Ukraine.
During the roundtable, the latest figures discussed at the forum highlighted that over 1.5 million people in 1,300 Ukrainian towns and cities were currently without electricity. Implementation of this mission will be in cooperation with DTEK, which has well-established network and expertise to implement humanitarian aid throughout the country.
The company has been supporting its Ukrainian employees and their families with temporary housing and other essential needs. Beyond the initial $1.08 M (€1 M) donation, the company has also launched an internal crowdfunding campaign enabling employees to support their Ukrainian colleagues and their families, with unlimited matching by the company.
Source: Schneider Electric
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