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Schneider Electric

CEF Lead Executives

Sustainability Goals

Current Sustainability Goals

2025 goals

  • Become carbon neutral in its operations (reduced CO2 emissions by 59% as of 2020)
  • Have 90% of electricity generated from renewable sources (reached 80% as of 2020)
  • Grow green revenues to 80% (reached 72% as of 2020)
  • Have the 1000 top suppliers reduce CO2 emission from their operations by 50% as part of the “Zero Carbon Project” 
  • Help customers save and avoid 800 million tons of CO2 emissions (347 million tons as of 2021)
  • Use 50% green material content in its products (increased green material content from 7% to 11% as of 2021)
  • Have 100% of primary and secondary packaging free from single-use plastic and use recycled cardboard (as of 2021)
  • Have 100% of its strategic suppliers provide decent work to employees in line with the International Organization’s definition of ‘decent work’
  • Increase gender diversity in hiring by 50%, front-line management by 40%, and leadership teams by 30%
  • Provide 50 million people access to green electricity (34.2 million as of 2021)
  • Train 1 million underprivileged people in energy management (300,000 people trained in energy management through local NGO partners as of 2021)

 

2030 goals

  • Achieve net-zero operational emissions (Scope 1 and 2) and reduce Scope 3 emissions by 35% (2017 baseline)
  • Reduce buildings-related emissions by at least 50%
  • Achieve no net biodiversity loss by measuring, innovating, partnering to preserve and restore our planet’s most precious resources and ecological diversity
  • Switch to 100% renewable electricity (in align with RE100)
  • Double its energy productivity (2005 baseline) (in align with EP100)
  • Transition its entire fleet (14,000+ vehicles) to EVs (in align with EV100)
  • Eliminate Sulfur hexafluoride (SF6), an extremely potent and persistent greenhouse gas, from its products

 

2040 goals

  • Achieve carbon neutrality in its end-to-end value chain

 

2050 goals

  • Achieve a net-zero supply chain
  • Achieve net-zero carbon in building-related emissions

Latest Sustainability Reporting

Highlights


  • The Schneider Sustainability Impact score for 2023 reached 6.13 out of 10, surpassing the year-end target of 6 out of 10.
  • Saved 112 million metric tons of carbon emissions for customers in 2023.
  • Helped top 1,000 suppliers to reduce operational CO2 emissions by 27%, compared to 10% reduction achieved in 2022.
  • 21% of the company’s most strategic supply chain partners have met Schneider Electric’s decent work standards, up from 1% in 2022.
  • Co-launched program to accelerate decarbonization of the semiconductor value chain in 2023.
  • 80% of cardboard in its primary and secondary packaging is now recycled cardboard.
  • Launched the Schneider Sustainability School for partners to support their net-zero journeys.
  • Featured in “Best Places to Work for Disability Inclusion” list by Disability:IN in 2023, and in Forbes 2023 list of "World’s Top Companies for Women."

Recent News

2024

Invested in a portfolio of Texas-based solar and battery projects via a tax credit transfer agreement with Engie North America. In this “novel” agreement, Schneider Electric will use those credits to offset its Scope 2 emissions, through purchase of 110,000 MWh of renewable energy credits from Engie projects, according to reporting from Latitude Media. (March 2024)

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GSK / IGNIS GSK, in partnership with Schneider Electric, announced a Virtual Power Purchase Agreement (VPPA) with renewable energy group IGNIS. This VPPA will facilitate the supply of 200 GWh of renewable electricity certificates per year. This VPPA will account for approximately 50% of GSK’s total electricity demand in Europe for 12 years, starting in mid-2026. Schneider Electric advised during the project evaluation and PPA negotiation phases. (March 2024)

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DHL GLOBAL FORWARDING / SCHNEIDER ELECTRIC Partnered to design and launch an industry-first multi-modal shipping model using a combination of sea and air transport (supported by sustainable aviation fuels) that is expected to reduce Scope 3 carbon emissions by up to 40% compared to normal air fulfillment. In a 2023 pilot, two “shipping bridges” were created (one between Singapore and North America, and one between India and North America) and reduced emissions by up to 20%. Schneider Electric plans to design and execute eight of these bridges globally. (Feb 2024)

PR »  E+E LEADER»


CORPORATE KNIGHTS Released its 20th annual Global 100 List, ranking the world’s most sustainable companies along 25 indicators, out of 6,000 public companies with revenues of over $1 billion. In 2024, top-ranked firms allocated 55% of their investments to sustainable projects, up from 47% last year, and compared to just 17% of investments of publicly traded companies with more than $1 billion in revenue. The top ranked company was Sims Ltd, an Australian waste management company that moved up from #14 in 2023. CEF Members in the Global 100 include: Schneider Electric (#7), Trane Technologies (#23), Cisco (#64), HP Inc. (#67), Apple (#71), Unilever (#76), Hewlett Packard Enterprise (#81), and Prologis (#87). (Jan 2024)

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2023

Catalyze Schneider Electric announced that Google, ASM, and HP have joined the Catalyze program as new sponsors. Catalyze aims to accelerate the adoption of renewable energy across the global semiconductor value chain by combining energy purchasing power and providing suppliers with the opportunity to participate in utility-scale power purchase agreements (PPAs). (Dec 2023)

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Accelerating to net-zero emissions (WBCSD) — This brief explains how integrating and bundling decarbonization solutions can unlock synergies and greater environmental and financial benefits (including operational emissions reductions of up to 50%). The brief defines integrated approaches, provides examples, and outlines three practical recommendations for implementation. It was co-authored by several companies and organizations, including CEF member Schneider Electric. (Dec 2023)

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Finalized its acquisition of EcoAct, a climate consulting and net zero solutions firm. EcoAct’s portfolio of net zero and nature-based products and services will expand Schneider Electric’s global Sustainability Business and capacity to lead organizations through their net zero transformations. (Nov 2023)

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Net Zero Innovation Hub for Data Centers This new consortium aims to accelerate the European data center industry toward Net Zero. The Hub will foster knowledge sharing, set up innovation programs with academic and industry partners, identify challenges and facilitate calls for innovation projects to address these. It will also aims to provide a platform for engagement between data center operators and the public. The Hub is exploring projects to replace diesel generation at data centers, reuse heat, use renewables, and decarbonize building raw materials. Founding members include CEF members Google, Microsoft, and Schneider Electric.

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More than 250 companies and organizations, coordinated by the Global Renewables Alliance, issued an open letter calling on world leaders to agree at COP28 on a global target to triple renewable electricity capacity to at least 11,000 GW by 2030. The companies, representing a market value of more than $12 trillion, include CEF members Amazon, Apple, Google, Microsoft, PepsiCo, Schneider Electric, and Unilever. (Sept 2023)

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Catalyze CEF member Schneider Electric, along with Intel and Applied Materials, launched Catalyze, a new collaboration to accelerate the adoption of renewable energy across the global semiconductor value chain. The companies will encourage the industry’s thousands of suppliers to join the Catalyze program and decarbonize. Specifically, Catalyze aims to combine energy purchasing power to accelerate deployment; facilitate utility-scale power purchase agreements; increase awareness; and support and educate suppliers in decarbonization efforts. (July 2023)

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CORPORATE KNIGHTS Released its 2023 Global 100 List, ranking the world’s most sustainable companies along 25 indicators, out of 6,000 public companies with revenues of over $1 billion. The top list has outperformed the MSCI All Country World Index on an annual basis for seven of the past 11 years. The top spot went to Schnitzer Steel Industries, a steel recycler that increased energy productivity by 74%, water productivity by 69%, and carbon productivity by 55% in 2021. CEF Members in the Global 100 include: Schneider Electric (#7), Alphabet (#26), Ecolab (#30), Unilever (#38), HP (#39), Cisco (#48), Hewlett Packard Enterprise (#67), and Apple (#73). (Jan 2023)

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WORLD ECONOMIC FORUM CEOs from eight real estate and other industries, including CEF member Schneider Electric, pledged to reduce buildings-related emissions by at least 50% by 2030 and reach net-zero carbon no later than 2050. The companies will meet these targets by implementing the World Economic Forum’s Green Buildings Principles, which include measures such as maximizing on-site renewable energy supply; ensuring off-site energy is procured with renewables, maximizing emissions reductions for new developments and major refurbishments, and engaging with suppliers to reduce Scope 3 emissions. (Jan 2023)

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Released Schneider Home, a new home energy management solution that better orchestrates home energy use. This includes a home battery for clean energy storage, a high-power solar inverter, a smart electrical panel, electric vehicle charger and connected electric sockets and light switches, all controlled by the Schneider Home app. (Jan 2023)
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2022

Announced that its SE Ventures corporate venture fund will establish a €500 million ($516 million) Fund II focused on companies in climate-tech, industrial AI, mobility, prop-tech, and cybersecurity. This builds on its 2018 Fund I, and brings total committed capital to €1 billion. (Nov 2022)

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ACTION DECLARATION ON CLIMATE POLICY ENGAGEMENT More than 50 global companies, with almost $900 billion in annual revenues, committed to ensuring that their climate policy engagement, and that of their industry associations, helps address climate change, rather than stall it. The declaration also includes the monitoring and disclosing of climate policy alignment for signatory companies and their major industry and trade associations. CEF member signatories include: Ecolab, Hewlett Packard Enterprise, Schneider Electric, Trane Technologies, and Unilever. (Nov 2022)

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The Semiconductor Climate Consortium Aims to accelerate the reduction of greenhouse gas (GHG) emissions across the semiconductor value chain and will work together along three objectives: collaborating on common approaches and technology innovations to reduce GHG emissions; publicly report progress on Scope 1, 2, and 3 emissions annually; and set near- and long-term decarbonization targets with a net zero goal by 2050. The consortium is made up of 60 founding members, including CEF members: Google, Microsoft, Samsung, and Schneider Electric. Companies can learn how to join here. (Nov 2022)

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More than 330 businesses and financial institutions from 52 countries, with combined revenues of over $1.5 trillion, urged world leaders to move beyond voluntary actions to halt and reverse biodiversity loss in a new statement. The statement advocates for the leaders to adopt “mandatory requirements for all large businesses and financial institutions to assess and disclose their impacts and dependencies on nature by 2030.” CEF Members involved include BASF, Google, International Paper, McKinsey & Co., Microsoft, PepsiCo, Procter & Gamble, Schneider Electric, Tiffany & Co., Unilever, and WM. Businesses can sign the statement here. (Oct 2022)

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Inclusive Sourcing Methodology (Business for Inclusive Growth (B4IG)) — Provides practical, operational tools to support global corporate procurement teams in their efforts to improve their “social footprint” and enable “inclusive growth.” Developed by a working group led by L’Oréal, and including CEF members Schneider Electric and Unilever, among other companies, the Methodology recommends sourcing principles and a roadmap to make procurement practices more equitable and responsive to the needs of vulnerable populations. In addition, B4IG has compiled an Appendix of best practice examples, and offers a Self-Assessment tool to help companies measure their inclusive sourcing practices against a scale of basic to advanced measures. B4IG is a partnership between the Organization for Economic Co-operation and Development (OECD) and major corporations. (Aug 2022)
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First Movers Coalition — The flagship public-private partnership announced a major expansion to more than 50 corporate membersincluding CEF members Alphabet, Microsoft, Ecolab, Ford, and Schneider Electric—worth about $8.5 trillion and a total of nine governments comprising over 40% of the global economy. The coalition, which aims to create market demand for early-stage technology that cuts emissions from hard-to-abate industry sectors, also launched new sector initiatives in aluminum and carbon dioxide removal (CDR). In the Aluminum sector, Ball Corporation, Ford, Novelis, Trafigura, and Volvo Group committed to have near-zero emissions from 10% of their primary aluminum purchases by 2030. New CDR sector 2030 commitments include (May 2022)

  • Alphabet, Microsoft, and Salesforce collectively committed $500 million to CDR
  • Boston Consulting Group (BCG) pledged to remove 100,000 metric tons of carbon.
  • AES, Mitsui O.S.K. Lines, and Swiss Re each committed to 50,000 metric tons of carbon removal, equivalent to a $25 million investment from each company.
  • Members must demonstrate that the carbon can be stored for more than 1,000 years. 
  • Breakthrough Catalyst, Carbon Direct, Frontier, and South Pole joined the coalition as implementation partners for the CDR initiative.

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A letter coordinated by the European Corporate Leaders Group has been sent to European Commission President Ursula von der Leyen, reinforcing business support for accelerating Europe's green transition. The letter, signed by 124 businesses—including CEF members Microsoft, PepsiCo, Schneider Electric, and Unilever—comes in the context of the ongoing, destabilizing Russia-Ukraine war, the pending publication of the REPowerEU Plan, and meetings of the G7 energy ministers and European Council. It states, in part, "At the core of the current energy security and price crises sits an overdependence on volatile, imported fossil gas, oil and coal. It is time for all of us to take necessary steps to strengthen Europe’s energy security and resilience by accelerating the green transition." Specifically, the letter calls for the Commission to (May 2022):

  • Accelerate measures to reduce energy consumption by households and industries through energy efficiency and circular economy improvements and incentives.
  • Accelerate the move away from fossil fuels and towards renewable and fossil-free powered electrification across industry, transport, heating and cooling, and buildings.
  • Ensure an inclusive and fair transition process, with clear attention to cost of living and access to work.

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PEPSICO / SCHNEIDER ELECTRIC (CEF members) — Launched “pep+ REnew,” a first-of-its-kind educational program in the food and beverage industry that will help PepsiCo’s value chain partners accelerate their transition to renewable electricity. Schneider Electric will serve as an independent advisor to assist PepsiCo’s partners with renewable energy purchasing. (April 2022)

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Global Parity Alliance — The World Economic Forum in collaboration with McKinsey & Co. launched this new global cross-industry group to “promote and accelerate diversity, equity, and inclusion (DE&I) outcomes, by sharing proven DE&I best practices and practical insights from leading organizations.” The 23 Founding Members of the group include CEF members Cisco, McKinsey & Co., and Schneider Electric. (April 2022)

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CFO Coalition for the SDGs — 70 Chief Financial Officers (CFOs), including those of CEF member companies BASF, Schlumberger, Schneider Electric, & Unilever, have joined the Leadership Group for a new coalition launched by the UN Global Compact to help integrate the Sustainable Development Goals (SDGs) in corporate finance and create a market for mainstream SDG investments. CFOs in the group will help develop recommendations, frameworks, and best practices to guide corporate investments towards the SDGs. The Coalition aims to (April 2022):

  • Leverage commitments from CFOs in the Coalition ($500 billion already committed) to direct trillions of corporate investments towards the SDGs and create a $10 trillion market for SDG-directed finance by 2030.
  • Expand the CFO Leadership Group from 70 to 100 CFOs by 2022.
  • Encourage 1,000 CFO Signatories to the CFO Principles on Integrated SDG Investments and Finance by 2024.

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ECOVADIS 2022 SUSTAINABLE PROCUREMENT LEADERSHIP AWARD WINNERS — EcoVadis announced the 2022 winners of its Sustainable Procurement Leadership Awards program, which recognizes companies “[driving] positive environmental and social change through their sustainable procurement initiatives.” Winners include CEF member Schneider Electric (Best Value Chain Engagement) and Unilever (Best Portfolio Performance Improvement). (March 2022)

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AS YOU SOW / CORPORATE KNIGHTS “CLEAN200” LIST — Shareholder advocacy group As You Sow and Corporate Knights released their annual list of the 200 largest public companies “ranked by green energy revenues.” On average, it found 58% of revenues earned by Clean200 companies to be “clean,” up from 39% in 2021 and significantly above the 20% average for their MSCI ACWI peers. The top 10 includes CEF members Apple (#1), Alphabet (#2), Cisco Systems (#7), HP (#8), Schneider Electric (#9), and Siemens (#10). (Feb 2022)

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27 companies that collectively generate over $1.2 trillion in annual revenue and have 1.4 million employees sent an open letter calling bold climate action a “business imperative” and urging House Speaker Nancy Pelosi and Senate Majority Leader Chuck Schumer to enact the Build Back Better Act’s climate and clean energy provisions. They said the provisions would “help spur private sector investment at the scale needed” to help them meet their long-term climate goals and would greatly affect opportunities for exporting low-carbon technologies, products, and expertise. The letter was organized by the Center for Climate and Energy Solutions (C2ES), and signatories include CEF members Duke Energy, Ford, GE, HP Inc., Schneider Electric, and Trane Technologies. (Feb 2022)

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CORPORATE KNIGHTS “GLOBAL 100” LIST — Corporate Knights released the annual 2022 Global 100 list, which ranks the world’s most sustainable companies out of nearly 7,000 companies with over $1 billion in revenue. Notably, the top 100 companies put an average of 48% of investments into clean activities and have generated a total investment return of 331% since 2005 (compared with 279% for MSCI All Country World Index). The top 10 include: (Jan 2022)

  1. Vestas Wind Systems
  2. Chr. Hansen
  3. Autodesk
  4. Schneider Electric (CEF member)
  5. City Developments
  6. American Water Works Company
  7. Ørsted
  8. Atlantica Sustainable Infrastructure
  9. Dassault Systemes
  10. Brambles

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SCHNEIDER ELECTRIC — Acquired climate tech startup Zeigo to expand its digital renewable-energy and environmental-commodity procurement capabilities. Zeigo’s machine learning platform connects PPA buyers and sellers, generates market projections, and can run a PPA tender process in six weeks. (Jan 2022)

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2021

Sustainability metrics framework for data centers (Schneider Electric) A new, first-of-its-kind framework to help sustainable data centers standardize and improve benchmarking, report regularly and consistently, and align internal teams on sustainability objectives. It identifies 23 metrics across five impact areas: energy, GHG emissions, water, waste, and land and biodiversity. (Dec 2021)

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CDP “A LIST” — 272 out of nearly 12,000 companies scored by CDP made CDP’s 2021 “A List,” which includes a climate change A List (200 companies), a water security A List (118 companies), and a forests A List (24 companies). The lists recognize companies for their “environmental leadership,” all of which are reducing their value chain emissions and have verified Scope 1 and 2 emissions, SBTi-approved emission-reduction targets, evidence of targets that cover their Scope 3 emissions, “robust governance and oversight of climate issues,” and “rigorous risk management processes.” A record 14 companies received Triple A scores for their work across all three themes, including: Danone, Firmenich, Fuji Oil Holdings, CEF member HP, International Flavors & Fragrances, KAO Corporation, Klabin, Lenzing, L’Oréal, Metsä Board Corporation, Mondi, Philip Morris International, Syrmise, and CEF member Unilever. Additional CEF members on the A Lists include: Ecolab (water security), Ford (climate change, water security), General Motors (water security), HPE (water security), Microsoft (climate change, water security), PepsiCo (forests), Samsung (water security), Schneider Electric (climate change), Visa (climate change). (Dec 2021)

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The Energize program — 10 global pharmaceutical companies, including CEF member Johnson & Johnson, created a new, first-of-its-kind program to pre-competitively engage suppliers in decarbonizing the pharmaceutical value chain. The program, to be designed and delivered by CEF member Schneider Electric, will help suppliers “address their own operational Scope 2 greenhouse gas emissions through green power procurement, which in turn will reduce the participating companies’ Scope 3 emissions.” (Dec 2021)

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The Department of Energy (DOE) launched a Better Climate Challenge for companies, municipalities, states, and other organizations to set ambitious, near-term emission-reduction goals. Signatories will commit to reducing portfolio-wide Scope 1 and 2 GHG emissions by at least 50% within 10 years, and the DOE will provide technical assistance and learning opportunities. CEF members 3M, Ford, General Motors, and Schneider Electric are among the 32 founding signatories. (Nov 2021)
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14 countries—including the U.K., Germany, Brazil, and Indiasigned the largest ever global commitment on appliance energy efficiency: a new Product Efficiency Call to Action, launched by the UK government and the International Energy Agency. The countries committed to doubling the energy efficiency of 4 appliances accounting for 40% of global electricity consumption (air conditioners, refrigerators, industrial motor systems, and lighting) by 2030. The commitment is supported by the SEAD initiative and Clasp, with the Climate Group's EP100 initiative of 129 companies and partners (including CEF members Schneider Electric, Siemens, and Trane Technologies) also announcing support. (Nov 2021)
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The Department of Energy (DOE) released a progress update on its Better Plants program, which aims to decarbonize the industrial sector. Over 250 manufacturers and water utilities have participated in the program and cumulatively saved $9.3 billion in energy costs and over 1.9 quadrillion BTUs of energy—more energy than Wisconsin uses annually. Program partners include CEF members 3M, Dow, Ford, General Electric, General Motors, International Paper, Johnson & Johnson, Lockheed Martin, PepsiCo, Procter & Gamble, and Schneider Electric. (Oct 2021)
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The CEOs of over 1,000 companies with a combined $4.7 trillion in annual revenue sent an open letter to all heads of state ahead of the UN Convention on Biological Diversity (COP15), urging them to adopt a concrete commitment to reverse nature loss by 2030. They said the July 2021 draft plan for a Post-2020 Global Biodiversity Framework “lacks the ambition and specificity required to drive the urgent action needed.” Signatories include the CEOs of CEF members BASF, Google, International Paper, McKinsey & Co., Microsoft, PepsiCo, Procter & Gamble, Schneider Electric, Tiffany & Co., Unilever, and Waste Management. (Oct 2021)
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Business Model Transformation Databook (Schneider Electric) Analyzes how organizations are transforming their business model to combat the threat of climate change. Reports that 64% have developed and published a climate-action plan or are developing such a plan. 21% have significantly advanced their business model, and 7% have completely transformed their business model. (Oct 2021)
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Over 600 companies representing more than $2.5 trillion in revenue wrote an open letter urging G20 nations to end support for coal power and “go all-in” on a commitment to halve global emissions by 2030. They called for an immediate end to new coal-power financing and development, as well as a phase-out of coal-fired power generation for advanced economies by 2030 and for other countries by 2040. The letter was published through the We Mean Business coalition, and signatories include CEF members Hewlett Packard Enterprise, PepsiCo, Schneider Electric, and Unilever. (Oct 2021)
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Realizing the Potential of Customer-Sited Solar: Policy and Economics for a Decentralized Energy Future (BloombergNEF, Schneider Electric) Reports that 23 million businesses and 167 million households worldwide could host their own clean power generation, with the potential to produce over 2,000 gigawatts of solar energy and 1,000 gigawatt-hours of energy storage by 2050. Explains that the design of policies and tariffs are crucial to enable deployment and uptake. Includes case studies of 5 solar markets at different stages of development. (Sept 2021)
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GENERAL MOTORS Announced it will launch its Ultium Charge 360 fleet-charging service to connect fleet customers with services, tools, and resources to make a smooth switch to electric vehicles. It will also support home charging and provide drivers with access to over 60,000 public charging locations. Duke Energy company eTransEnergy, EVgo, In-Charge Energy, and Schneider Electric are preferred infrastructure providers. (July 2021)
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SCHNEIDER ELECTRIC / RIO TINTO — Launched a collaboration to develop circular, sustainable solutions to advance decarbonization goals. Schneider Electric will use responsibly sourced materials produced by Rio Tinto, which in turn will use energy and industrial services from Schneider Electric. (July 2021)
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SCHNEIDER ELECTRIC — Announced it has advised corporate clients on more than 10,000 megawatts of renewable energy power purchase agreements worldwide since 2014, equivalent to over 300 million metric tons of carbon emissions. It is the largest publicly announced advised capacity from any third-party buyer’s advisor. (June 2021)
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Over 40 companies and groups—including Climate Group EV100, Coca-Cola, Ikea, Schneider Electric, and Volvo—signed an open letter urging EU lawmakers to adopt an end date for selling new combustion engine cars and vans in Europe no later than 2035. Additional signatories are welcome to join ahead of the E.U.’s review of vehicle CO2 standards in June. (May 2021)
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SCHNEIDER ELECTRIC/MINESTO — Schneider Electric entered a Memorandum of Understanding with marine energy developer Minesto to co-develop and build ocean energy farms to support the global transition towards net-zero societies. Projects ranging from smaller microgrid installations to multi-megawatt farms will be jointly identified, assessed, and developed. (March 2021)
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The Coalition for the Energy of the Future—a cross-industry initiative to accelerate future energies and technologies to advance sustainable transport and logistics—unveiled its first seven projects to be jointly completed in 2021. Projects involve green hydrogen, biofuel, carbon-neutral liquefied natural gas, green electricity, zero-emission transport, a digital eco-calculator, and green intermodal hubs. The coalition involves AWS, Airbus, Michelin, Schneider Electric, Total, and 12 other companies. (March 2021)
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A new “Circulars Accelerator” program led by Accenturein partnership with Anglo American, Ecolab, Schneider Electric, and WEF—will connect leading global organizations prioritizing circular innovation with disruptors seeking to scale circular solutions. The first cohort features 17 startups offering solutions that fit into one of three categories: innovating products and production, transforming consumption, and recovering value. To get involved, visit WEF’s digital platform, UpLink. (February 2021)
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Schneider Electric has created a new "Climate Change Advisory Service" to support business’ sustainability challenges and climate actions. Their new service line spans various fields, including energy management, resource efficiency, renewable energy procurement, carbon offsetting, value chain decarbonization, and AI-driven data collection and disclosure. (February 2021)
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Corporate Knights released the 2021 Global 100 Index, which ranks the world’s most sustainable companies based on environmental and financial indicators. CEF members honored include Cisco, Google, Hewlett Packard Enterprise, HP, Trane Technologies, Schneider Electric, Siemens, and Unilever. The top 10: (February 2021)

  1. Schneider Electric
  2. Ørsted
  3. Banco do Brasil
  4. Neste
  5. Stantec
  6. McCormick & Co.
  7. Kering
  8. Metso Outotec
  9. American Water Works Co. 
  10. Canadian National Railway

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Schneider Electric announced several 2025 sustainability goals designed to deliver on all of the 17 Sustainable Development Goals. Goals include reducing GHG emissions from their top 1000 suppliers by 50%, providing 50 million people access to green electricity, and training 1 million underprivileged people in energy management. (January 2021)

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2020

Walmart partnered with Schneider Electric to launch the Gigaton PPA Program, which aims to educate Walmart suppliers on the renewable energy market, provide guidance on projects, and accelerate renewable energy adoption by participating suppliers through aggregate power purchase agreements. (September 2020)
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2019

Schneider Electric has accelerated plans to demonstrate carbon neutrality in its extended ecosystem by 2025, bringing forward its objective by 5 years. The company also plans to achieve net-zero operational emissions by 2030, and engage with suppliers towards a net-zero supply chain by 2050. (2019)

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