Schneider Electric has launched the “Zero Carbon Project” under which it will partner with its top 1,000 suppliers to halve their operations’ CO2 emissions by 2025.
These top 1,000 suppliers represent 70 per cent of Schneider’s carbon emissions, a release by Schneider Electric said. The initiative is part of Schneider’s 2021-2025 sustainability goals and is a concrete step towards limiting the rise in average global temperatures to 1.5°C or less by 2100, as targeted by the Paris Agreement.
Under the program, Schneider will provide tools and resources to program participants to help them set and achieve their own carbon reduction targets. Suppliers will be first encouraged to quantify their CO2 emissions using the company’s digital tools. Suppliers will then use that data to set goals and strategies for emissions reduction. Suppliers will also work towards their goals through decarbonization initiatives such as energy efficiency or renewables.
The Zero Carbon Project will enable best practice exchange with peers and partners to access other innovative solutions for decarbonization.
According to Olivier Blum, Chief Strategy and Sustainability Officer, “We offer to share our expertise and experience with them on how they can decarbonize their operations leveraging our range of Sustainability Consulting Services and digital EcoStruxure or other third-party solutions.”
The program will be supported by Schneider’s Energy & Sustainability Services division, which has partnered on similar supply chain decarbonization initiatives with its corporate clients, including Walmart, GSK, and the global Sustainable Apparel Coalition.
(Photograph sourced from ec.europa.eu is for illustration only)