Schneider Electrics Commits to 100% Renewable Electricity by 2030

Schneider Electric, the leader in digital transformation of energy management and automation, has committed to sourcing 100% renewable electricity and is throwing light on the doubling of its energy productivity.  

Today’s commitments are yet another step-in Schneider Electric’s journey to becoming carbon neutral by 2030. Aligned with these commitments, Schneider Electric decided to join two global, collaborative initiatives, led by The Climate Group and bringing together influential businesses committed to accelerating climate action:

  • RE100: to use 100% renewable electricity by 2030 with an intermediary objective of 80% by 2020.
  • EP100: to double energy productivity by 2030, against a 2005 baseline, setting an ambitious target to doubling the economic output from every unit of energy consumed.

The company strives to answer the world’s new energy challenge by boosting energy efficiency everywhere: in homes, buildings and cities, industry, the grid, and throughout remote community. Energy usage needs to be more productive in a world more de-carbonized, digitized, and decentralized. In order to deliver on its new promises and its sustained energy efficiency efforts, Schneider Electric will leverage its own the EcoStruxure Power and EcoStruxure Grid. Using these technical solutions, the Group has been able to reduce its energy consumption by 10% every 3 years for the past 10 years. More specifically, Schneider Electric has reduced consumption by 6 between 2008 and 2017 at its headquarters in France, The Hive.

These commitments will cover more than 1,000 electricity consuming sites around the globe, including 200 factories. Schneider Electric will leverage a broad range of renewable energy sources, including but not limited to solar, wind, geothermal and biomass.

Emmanuel Lagarrigue, Chief Strategy Officer and Executive Vice President at Schneider Electric said: We are in a new world of energy that is becoming more electric, more decarbonized, more decentralized, and more digital. Our mission at Schneider Electric is to supply the technologies that permit, drive and catalyze the transition to a new world of energy. The commitments we have made today in joining RE100 and EP100 to source 100% renewable electricity and reflect on the doubling of our energy productivity are a demonstration of how consumers and business can be empowered to ensure the affordability, resilience, sustainability, and security of the energy that they consume.

In addition, to become a carbon neutral company by 2030, recent initiatives from Schneider Electric include:

Climate Leadership Council: at the beginning of 2017, Schneider Electric became a founding member of the Climate Leadership Council in the U.S., to support a new market-based climate solution that is both pro-growth and pro-environment;

Global Footprint Network: in summer 2017, Schneider Electric signed a partnership with the Global Footprint Network, an international non-profit organization, to enable a sustainable future where all people have the opportunity to thrive within the means of one planet;

Launch of EcoStruxure™: 12 months ago, in November 2016, Schneider Electric launched the next generation of EcoStruxure, its IoT-enabled, plug-and-pay, open architecture that delivers end-to-end solutions in six domains of expertise – Power, IT, Building, Machine, Plant and Grid – for four end markets: Building, Data Center, Industry and Infrastructure.

Livelihoods Carbon Fund: Together with Crédit Agricole, Danone, Firmenich, Hermès, Michelin, SAP, and Voyageurs du Monde, Schneider Electric has launched a new impact investment fund, with a target of 100 million euros. The fund aims to improve the lives of 2 million people and avoid the emission of up to 25 million tons of CO2 over a 20-year span.

 

You may check out the official website of Schneider Electric for more updates.

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