Schneider Electric is on target to meet its goal to source 80 per cent of its electricity via renewable energy sources – reaching 65 per cent as of September 30 as part of its self-imposed sustainability targets.
The company has been measuring its environmental and social impact via its internal Schneider Sustainability Impact (SSI) dashboard as part of its sustainability commitments for 2018-2020, which measures its progress on 21 indicators closely aligned with the UN’s Sustainable Development Goals (SDGs).
The 21 indicators are grouped within five megatrends – climate, circular economy, health and equity, ethics and development. For Q3 2020, Schneider recorded a score of 8.63 on a 10-point scale – up from 7.71 during the previous quarter.
Olivier Blum, chief strategy and sustainability officer at the company said he was proud of the company’s achievement, especially considering the circumstances surrounding the global pandemic in 2020.
“We consider it is our responsibility to continue making a strong impact – from how we operate to what we deliver to our customers,” Blum said.
“As we approach the end of our 2018-2020 goals and move closer to setting new objectives in 2021, we will be more ambitious, bridging progress and sustainability for all.
“Now more than ever, it is crucial that companies, governments and communities work together to not just continue, but accelerate their efforts to decarbonise the global economy.”
Among highlights in 2020 were:
About Schneider Electric
Schneider Electric is leading the Digital Transformation of Energy Management and Automation in Homes, Buildings, Data Centers, Infrastructure and Industries. With global presence in over 100 countries, Schneider is the undisputable leader in Power Management – Medium Voltage, Low Voltage and Secure Power, and in Automation Systems. We provide integrated efficiency solutions, combining energy, automation and software. In our global Ecosystem, we collaborate with the largest Partner, Integrator and Developer Community on our Open Platform to deliver real-time control and operational efficiency. We believe that great people and partners make Schneider a great company and that our commitment to Innovation, Diversity and Sustainability ensures that Life Is On everywhere, for everyone and at every moment.
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