Schneider Electric decided to join two global, collaborative initiatives, led by The Climate Group and bringing together influential businesses committed to accelerating climate action:
- RE100: to use 100% renewable electricity by 2030 with an intermediary objective of 80% by 2020
- 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
Schneider Electric strives to answer the world’s new energy challenge by boosting energy efficiency everywhere: in homes, buildings and cities, industry, the grid, and throughout remote communities. In a world more decarbonized, more digitized, and more decentralized, energy use needs to be more productive. In order to deliver on its new promises and its sustained energy efficiency efforts, Schneider Electric will leverage its own technical solutions (EcoStruxure Power, EcoStruxure Grid). Using these solutions, the Group has been able to reduce its energy consumption by 10% every 3 years for the past 10 years. More specifically, Schneider Electric has reduced consumption by 6 between 2008 and 2017 at its headquarters in France, The Hive.
These commitments will cover more than 1,000 electricity-consuming sites around the globe, including 200 factories. Schneider Electric will leverage a broad range of renewable energy sources, including but not limited to solar, wind, geothermal and biomass.
Schneider Electric will drive its transition to 100% renewable electricity through three levers, with an interim goal of achieving 80% renewable electricity use by 2020 to 100% in 2030
Source -Schneider PR