To deliver on its new promises and its sustained energy efficiency efforts, the company plans to leverage its own technical solutions
Schneider Electric has committed to sourcing 100 per cent renewable electricity and to the doubling of its energy productivity, both by 2030.
The global energy management and automation specialist said it strongly believes it cannot go renewable without ensuring optimisation of its energy system first.
The company has also announced it has signed up to two global, collaborative initiatives, led by the Climate Group and bringing together influential businesses committed to accelerating climate action.
These are: RE100: to use 100 per cent renewable electricity by 2030 with an intermediary objective of 80 per cent by 2020; and EP100 to double energy productivity by 2030, against a 2005 baseline, setting a target to double the economic output from every unit of energy consumed.
“We are in a new world of energy that is becoming more electric, more decarbonised, more decentralised, and more digital,” said Emmanuel Lagarrigue, chief strategy officer and executive vice president. “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 aims to drive its transition to 100 per cent renewable electricity through three levers which are:
“These commitments will help [Schneider Electric] to deliver on its wider climate ambition to become carbon neutral by 2030,” added Helen Clarkson, chief executive officer at the Climate Group.
“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 [the company] is sending to peers, investors and governments, to accelerate the transition to a zero-emissions economy.”
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