Jean-Pascal Tricoire, Chairman & Chief Executive Officer, Schneider Electric sai

Posted by Schneider Electric on December 12th, 2017

Schneider Electric has a goal in place to become carbon neutral by 2030 and will use the two frameworks as catalysts towards this aim. The company has committed to sourcing 100% renewable electricity by 2030, with an intermediary target of 80% by 2020.

“We are in a new world of energy that is becoming more electric, more decarbonised, more decentralised, and more digital. Our mission at Schneider Electric is to supply the technologies that permit, drive and catalyse the transition to a new world of energy,” Schneider Electric’s executive vice president Emmanuel Lagarrigue said.

“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.”

The commitments, organised through the Climate Group, will cover more than 1,000 sites and 200 factories globally. The transition to 100% renewables will focus on onsite installations, long-term power purchase agreements (PPAs) and energy attribute certificates and green tariffs.

Energy productivity

Schneider Electric’s commitment to the EP100 initiative will see the company double its energy productivity by 2030 against a 2005 baseline. The commitment will revolve around a target to double the economic output from every unit of energy consumed.

The company will lean on its own technical solutions, including Internet of Things (IoT) systems such as the EcoStruxure Grid, which have already helped the company reduce energy consumption by 10% every three years over the last decade.

The Climate Group’s chief executive Helen Clarkson added: “Already a leader in the energy space, joining RE100 and EP100 represents a smart business decision for Schneider Electric. These commitments will help the company to deliver on its wider climate ambition to become carbon neutral by 2030.

“Doubling energy productivity will help it to use energy as economically as possible while making the transition to renewables, which are themselves cost-competitive in many markets. I welcome the powerful signal Schneider Electric is sending to peers, investors and governments, to accelerate the transition to a zero-emissions economy.”

At COP21 in Paris, Schneider Electric launched its 10 Commitments for Sustainability, which includes a barometer to match action against contributions to the Sustainable Development Goals.

The company is also part of the Livelihoods Carbon Fund – along with Danone, Hermes and others – an impact investment fund to improve the lives of two million people by avoiding the emissions of up to 25 million tonnes of Co2 during a 20-year timeframe. The fund has an investment target of €100m.

About Schneider Electric

Schneider Electric is the global specialist in energy management and automation. With revenues of ~€25 billion in FY2016, our 144,000 employees serve customers in over 100 countries, helping them to manage their energy and process in ways that are safe, reliable, efficient and sustainable. From the simplest of switches to complex operational systems, our technology, software and services improve the way our customers manage and automate their operations. Our connected technologies reshape industries, transform cities and enrich lives. At Schneider Electric, we call this *Life Is On*. Schneider Electric is the worldwide expert in energy administration and automation. With incomes of ~€25 billion in FY2016, our 144,000 representatives serve clients in more than 100 nations, Schneider Electric helping them to deal with their energy and process in ways that are protected, dependable, productive and practical. From the least difficult of changes to complex operational frameworks, Schneider Electric innovation, programming and administrations enhance the way our clients oversee and computerize their operations. Schneider Electric associated advancements reshape businesses, change urban communities and advance lives. At Schneider Electric, we call this Life Is On. Schneider Electric is leading the Digital Transformation of Energy Management and Automation in Homes, Buildings, Data Centers, Infrastructure and Industries. With global presence in over 100 countries, Schneider is the undisputable leader in Power Management – Medium Voltage, Low Voltage and Secure Power, and in Automation Systems. We provide integrated efficiency solutions, combining energy, automation and software. In our global Ecosystem, we collaborate with the largest Partner, Integrator and Developer Community on our Open Platform to deliver real-time control and operational efficiency. We believe that great people and partners make Schneider a great company and that our commitment to Innovation, Diversity and Sustainability ensures that Life Is On everywhere, for everyone and at every moment.