Sustainable Development: Schneider Electric’s Transition to Carbon Neutrality

Schneider works hard every day of the year to be one step closer to becoming carbon neutral, as working towards a sustainable world is more important than ever.  Schneider is a strong supporter of sustainable efforts, working hard to make a difference in the world. Schneider’s Chief Operating Officer of the International Operating Division Jean-Pascal Tricoire states, 

When it comes to the climate, I’m neither an optimist nor a pessimist. I’m an activist. This is because, in working for a more sustainable world, we not only ensure a healthier planet for future generations, we also promote innovation and prosperity here and now. What’s good for the climate is good for the economy. We must speed up the transition to a low-carbon economy as it promises to bring sustainable economic growth, employment, and better public health.

Sustainability leaders last month from around the world for the One Planet Summit which one of our vendors Schneider Electric was a part of. This summit was a huge reminder of the urgency of the climate crisis and inspired by those who, together, are rising to meet the challenge head-on which we as distributors are proud to say we support a vendor that is apart of this group. 

Two years ago, the Paris Climate Agreement gave the world a clearer understanding of what is at stake. Limiting global temperature rise this century to less than two degrees Celsius above pre-industrial level is essential if we are to avoid widespread, disastrous ecological problems.
At the COP21 in 2015, Schneider Electric first presented their 10 sustainability commitments in order to build carbon neutrality within their ecosystem and to accurately quantify the carbon impact of all their major customer projects.
This year Schneider provided more details about their Strategy to become carbon neutral by 2030.

Schneider has joined RE100 and EP100 — two global, collaborative initiatives of influential businesses led by The Climate Group and committed to climate action.

  • RE100: to use 100% renewable electricity by 2030 with an intermediary objective of 80% by 2020. This will be accomplished by increasing on-site renewable energy projects at more than 1,000 of our electricity-consuming sites around the globe, including 200 factories.
  • 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.
In addition to joining these initiatives towards carbon neutrality, Schneider is working together with Crédit Agricole, Danone, Firmenich, Hermès, Michelin, SAP, and Voyageurs du Monde in launching a new impact investment fund. This fund has a target of 100 million Euros.  It aims to improve the lives of two million people and avoid the emission of up to 25 million tons of CO2 over a 20-year period. The Livelihoods Carbon Fund will invest in ecosystem restoration, agro-forestry, and energy with projects beginning next year in developing countries across Africa, Asia, and Latin America.
Schneider is also strengthening our commitment to measurable targets and transparency:
  • Before 2020, Schneider along with more than 400 companies will work with the Science-Based Targets initiative to identify and validate our sustainability goals based on the assumption that Earth will breach the 2 °C warming limit by 2050.
  • As of this week, Schneider will provide full visibility and transparency for our sustainability targets through the quarterly publication of our Planer & Society Barometer.

In order for Schneider to deliver on these promises, they will leverage EcoStruxure Power and EcoStruxure Grid. Schneider is already seeing significant success according to their Planet & Society Barometer, which is audited by a third party. Schneider is proud to report that they reduced energy intensity by 42% between 2005 and 2017, and carbon intensity by 35% from 2012 to 2017.

By developing affordable and reliable low-carbon solutions, Schneider will also work to help the one billion people on the Planet who don’t have access to energy and the 10% of inhabitants facing energy insecurity.

Schneider will continue to actively participate in all useful initiatives to increase the low-carbon approach to the world’s economy and accelerate progress to a sustainable future. They will also continue to refine and strengthen their original commitments to sustainability to help ensure a healthier and more prosperous world for future generations.

 

 

Click below to read the original article.

https://blog.schneider-electric.com/sustainability/2017/12/11/accelerating-schneider-electrics-transition-carbon-neutrality/?aliId=56170461

 

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