Schneider Electric recognized by The Climate Group’s RE100 for sustainable efforts
The award recognizes Schneider Electric's ambition to decarbonize the world by accelerating the adoption of renewable electricity
MISSISSAUGA — Schneider Electric has been recognized as the 2020 Clean Energy Trailblazer by The Climate Group’s RE100. This is the first year of the RE100 Leadership Awards, which recognizes companies going above-and-beyond to accelerate a clean energy future.
Schneider Electric was awarded based on its commitments to the clean energy transition. This includes the company’s own sustainability and CO2 reduction targets, the company’s portfolio of EcoStruxure technologies to enable its customers to likewise decarbonize their operations through renewable electricity, alongside its clean energy advisory services and Access to Energy program, which addresses energy access globally.
As part of its RE100 commitment, Schneider Electric will consume 100% of electricity produced from renewable sources by 2030, with an intermediary target of 80% in 2020. Since taking this commitment, the company’s emissions have been reduced by more than 250,000 metric tons of CO2 in 24 months.
“At Schneider Electric, our purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We engage at all levels to accelerate the shift to 10% renewable electricity in our own operations, by powering our factories and offices with renewables, and by providing low-carbon architectures and decarbonization services to our customers”, said Olivier Blum, executive vice-president and chief strategy & sustainability officer at Schneider Electric, in a prepared statement. “We are humbled by this recognition and congratulate RE100 signatories for their like-minded strategies.”