Schneider Electric promises to use 100% renewable electricity by 2030

Global specialist in energy management and automation Schneider Electric is bent on addressing the new energy challenge around the world through bolstering energy efficiency in homes, buildings and cities, various industries, the grid, and even remote communities.

The company believes that energy usage should be more productive to complement a future world that is more decarbonized, decentralized, and digitized. Thus, to uphold its commitment to support a greener planet and more sustained energy efficiency, it intends to leverage its technical solutions.

Now, Schneider Electric is stepping up on its journey towards becoming carbon neutral by 2030. In line with this, it has joined a couple of global collaborative efforts spearheaded by The Climate Group. For a decade now, the Group has been reducing its energy consumption by 10% every three years.

Energy commitment
After joining RE100 initiative, the company has committed to source 80% of its energy requirement from renewable energy sources by the year 2020. By 2030, it aims to fully tap renewable energy for its operations.

At the same time, its commitment to the EP100 initiative brings it to an ambitious target to double its energy productivity by 2030, compared to its 2005 baseline level.

These commitments will create an impact to its over 1,000 electricity consuming sites worldwide, including 200 manufacturing facilities. Schneider Electric is looking at a wide range of renewable energy sources—including solar, geothermal, wind, biomass, and other green sources.

Towards new world of energy
“Our mission is to supply the technologies that permit, drive, and catalyze the transition to a new world of energy,” said Schneider Electric Chief Strategy Officer and Executive Vice President Emmanuel Lagarrigue. The commitments we have made today in joining RE100 and EP100 to source 100% renewable electricity and reflect on the doubling of our energy productivity are a demonstration of how consumers can be empowered to ensure the affordability, resilience, sustainability, and security of the energy that they consume.”

Renewable energy is generated using energy from natural sources like sunlight, wind, rain, geothermal heat, waves, and tides. It is considered the most environmentally friendly form of electric energy for consumption because it does not (or if it does, very minimally) produce emission or carbon footprint that may be detrimental to nature.