Schneider Electric Targets 100% Renewable Electricity by 2030

Posted by Schneider Electric on December 12th, 2017

The energy management and automation solutions multinational joined the RE100 and EP100 initiatives led by The Climate Group. The list of corporations that work with the international nonprofit includes Facebook, ABInBev, Google, Microsoft, Nike, and General Motors. Schneider Electric’s new renewable energy and energy productivity targets are part of a larger goal to become carbon neutral by 2030.

The latest commitments apply more than 1,000 electricity-consuming sites around the world, including 200 factories, according to the company. In addition, Schneider Electric plans to use a range of renewable energy resources such as solar, wind, geothermal, and biomass.

Using its own technical solutions, Schneider Electric reduced energy consumption by 10% every three years for the past decade, the company says. At its headquarters in France, known as “The Hive,” the company reduced consumption by 6% between 2008 and 2017.

The company says that it can achieve its 100% renewables goal with:

Onsite projects at Schneider Electric facilities around the world
Offsite long-term procurement through Power Purchase Agreements
Energy Attribute Certificates and green tariffs
“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,” Helen Clarkson, CEO at The Climate Group, said publicly about the announcement.

This year the company has stepped up its environmental and energy efforts. Earlier this year they became a founding member of the Climate Leadership Council in the United States. In January, they acquired Renewable Choice Energy, which helps businesses transition to renewable energy.

Over the summer, Schneider Electric signed a partnership with the research organization Global Footprint Network to promote sustainable solutions. And Schneider Electric won a 2017 Environmental Leader Award for a project with Shedd Aquarium in Chicago that helped save 406,708 kilowatt-hours during the first 18 months.

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.