NEWS
Northern Ireland’s electricity network will receive a £3bn upgrade in the next 10 years. The investment made by NIE Networks aims at facilitating climate change targets and should create more than 1,000 jobs between now and 2032. According to the NIE, the upgrade would help its 910,000 customers connect to low-carbon technologies like electric cars, solar panels and heat pumps in an attempt to meet the target of Net Zero emissions in Northern Ireland by 2050. According to the Centre of Advanced Sustainable Energy (Case), the investment would also go a long way to enabling NI to meet the target of 80% of electricity coming from renewable sources by 2030 which, in turn, could ease the pressure on energy bills. However, the upgrade will cost an additional £10 to £20 a year for NIE customers. “It is important to be transparent with our customers,” said NIE Networks Managing Director Derek Hynes. “It is critical we invest now to avoid higher costs in the future.” NIE Networks to invest over £3bn in NI’s electricity network
Monica Madan, newly appointed Chief Financial Officer for Schneider Ireland and Juliana Moraes who joins the company as Tender Director for the Irish market.
Schneider Electric bolsters leadership team with two new appointments
Schneider Electric has named Monica Madan as the Chief Financial Officer for Ireland. In this role, she will report to Antoine Sage, Finance Vice President and CFO of Schneider Electric UK & Ireland, and will be responsible for supporting Schneider Electric’s annual and long-term financial goals for the whole of Ireland. With over 18 years of experience in providing financial strategy to global Fortune 500 companies, Monica will drive financial strategy and support business growth and development opportunities. In addition, Juliana Moraes has
been appointed as Tender Director to lead Schneider Electric’s pricing of solutions and projects for the Irish market. Chris Collins, Schneider Electric Country President for Ireland, said, “We are a growing team at a crucial time for business and industry to act on the need to deal with the ongoing energy crisis, prepare for the effects of climate change and reduce emissions to achieve Net Zero targets. Monica and Juliana’s experience and expertise will be invaluable in helping us to be part of the solution for our customers.”
ROBUS Lighting achieves carbon neutral status
LED light manufacturer ROBUS has announced it reached carbon neutral status in 2022 – testament to the company’s commitment to sustainability and fighting climate change. To achieve carbon neutrality, the Dublin firm’s Environmental & Social Governance (ESG) team calculated the company’s carbon footprint according to PAS 2060, the internationally recognised specification for carbon neutrality. The team split emissions into three scopes – including direct and indirect emissions – and gathered data from various departments and partners. After compiling these numbers, the ESG team calculated the total footprint, which was 1,594.36 CO2e TTW. ROBUS then offset its total carbon footprint by purchasing credits from the UN carbon offset platform to support three independent hydro power plant schemes. This offsetting was done in line with the self-validation clause of PAS 2060. The company’s keys to achieving carbon neutrality included: board and employee buy-in; a carbon reduction strategy and target; interrogation of the supply chain and partners; detailed calculation of each step; partnering with a verified carbon offsetting scheme and publishing its findings.
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