Schneider Electric has achieved 88% of its annual target just six months into its sustainability roadmap, 'Impact 2030.' The initiative not only focuses on reducing its own carbon emissions but also extends its decarbonization efforts to customers and the supply chain.
'Impact 2030' operates on four pillars: global energy electrification, industrial innovation, talent development, and community support. Schneider Electric aims for a perfect score of 10 by 2030, having recorded a score of 3.69 in the first half of this year, with an annual target of 4.20.
Carbon emissions reductions have continued, with Scope 1 and 2 emissions down 82% compared to 2017. Scope 3 emissions, which include the supply chain, decreased by 12% from 2021.
The impact of customers' energy transitions has also expanded. Through Schneider Electric's solutions, customers have saved or electrified 129.5 million MWh of energy, resulting in a reduction or avoidance of over 50 million tons of carbon emissions in the first half of this year alone. Since 2018, the cumulative total has reached 913 million tons.
Schneider Electric is broadening its business scope by applying energy usage and carbon emissions analysis features to 29% of its energy management software, extending its reach into post-sale energy management.
In product design, sustainability standards have been strengthened. In the first half of the year, 27% of major products under design were developed using a 'future design' approach that meets circular economy and environmental standards.
The 'Zero Carbon Pathway' decarbonization program has also expanded its scope to include 1,500 suppliers, adding new requirements such as measuring product carbon footprints. In the second quarter, 15 suppliers met the relevant standards.
Activities in talent and community sectors have continued, with 16% of skilled employees participating in capability development and knowledge transfer programs. Since 2009, the company has supported sustainable power access for 67 million people and provided electrification and sustainability education opportunities to 1.37 million youth.
Schneider Electric plans to continue its decarbonization efforts across the entire value chain, including customers and suppliers, by integrating energy management and digital technologies into its products and business operations.
* This article has been translated by AI.
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