Press release
Schneider Electric Achieves Top Sustainability Scores, Breaks 600M Tonnes CO2 Emissions Barrier in Q2 2024
Just last month, Schneider Electric topped the list of "World's Most Sustainable Companies for 2024" compiled by TIME Magazine and Statista, further emphasizing the strategic importance it places on sustainability impact. This recognition underlines Schneider Electric's climate leadership in setting ambitious targets and its expertise in helping customers become more energy efficient and reduce their emissions.
Coming top in TIME's list of most sustainable companies confirms just how much ambition and dedication are needed to decarbonize value chains and evolve business models," said Xavier Denoly, Senior Vice President of Sustainable Development at Schneider Electric. "With one and half years to meet our 2025 sustainability ambitions, each of Schneider's transformative global and local initiatives helps us to steadily and deliberately build on our achievements and strive for long-lasting impact.
This quarter, Schneider Electric kept up the pace on:
- Climate action: breaking the 600 million tonne barrier on reporting saved and avoided carbon emissions for customers, thanks to energy-saving products, software, and services. Schneider Electric continues to make steady progress every quarter and is well on the way to meeting its target to help its customers save and avoid 800 million tonnes CO2 emissions by 2025. Efforts to accelerate supplier decarbonization and tackle scope 3 emissions were also rewarded with an impressive progression from 19% this time last year to 33% this quarter. Schneider Electric's Zero Carbon Project encourages strategic suppliers to switch to cleaner energy, matching them with solution providers, as well as offering on-site support, renewable energy market analysis, and specialist training.
- Empowering all generations and providing learning and development opportunities to meet Schneider's ambition of training 1 million people with energy management skills by the end of 2025. By working extensively with NGOs and encouraging employees to volunteer as trainers, 682,000 people worldwide have benefitted from these education and entrepreneurship opportunities. Recently, the Schneider Electric Foundation partnered with INCO in Senegal on a "Get into Energy Transition" digital learning program.
At the end of the quarter, Schneider's Sustainability Impact score came in at 6.78, on track to reach the 2024 end-year objective of 7.40 out of ten. Find more details in the Q2 2024 report of Schneider's Sustainability Impact program, including the progress dashboard:
Other key second-quarter sustainability highlights:
- Awarded the prize for Best Universal Registration Document at the Transparency Awards 2024
- Awarded Living Wage certification for the second year by the Fair Wage Network for ensuring that all employees are valued and compensated fairly
- Ranked #1 on Gartner's Supply Chain Top 25
- The Schneider Home solution was recognized as the 2024 Sustainable Product of the Year by Green Builder
- Launch of Villaya Flex rural electrification and clean power system for off-grid communities
About Schneider Electric
Schneider's purpose is to create Impact by empowering all to make the most of our energy and resources, bridging progress and sustainability for all. At Schneider, we call this Life Is On.
Our mission is to be the trusted partner in Sustainability and Efficiency.
We are a global industrial technology leader bringing world-leading expertise in electrification, automation and digitization to smart industries, resilient infrastructure, future-proof data centers, intelligent buildings, and intuitive homes. Anchored by our deep domain expertise, we provide integrated end-to-end lifecycle AI enabled Industrial IoT solutions with connected products, automation, software and services, delivering digital twins to enable profitable growth for our customers.
Media Contact
Company Name: ABC Private Limited
Contact Person: Media Relations
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=schneider-electric-achieves-top-sustainability-scores-breaks-600m-tonnes-co2-emissions-barrier-in-q2-2024]
Country: India
Website: https://www.se.com/in/en/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Schneider Electric Achieves Top Sustainability Scores, Breaks 600M Tonnes CO2 Emissions Barrier in Q2 2024 here
News-ID: 3616058 • Views: …
More Releases from ABNewswire
Denver's Best Appliance Repair Responds to Rising Demand for Emergency Appliance …
Denver's Best Appliance Repair expands emergency services across the Denver metro with same-day repairs, 7-day availability, 5-year parts warranty, and professional licensed technicians serving residential and commercial clients.
Household appliance failures don't follow a schedule. When a refrigerator stops cooling in the middle of summer or a washing machine floods a basement on a Sunday evening, families need immediate help. Denver's Best Appliance Repair has responded to this growing need by…
Oak Hill Clinic Reaches 30,000 Client Milestone with Results-Driven Deep Tissue …
Deep Relief in Oak Hill, Austin, has served 30,000 clients through specialized massage, chiropractic, and acupuncture care. The clinic accepts insurance and focuses on results-driven treatments for pain relief.
Deep Relief, an Oak Hill-based wellness clinic, has achieved a significant milestone by serving more than 30,000 clients seeking Relief from chronic pain, muscle tension, and mobility issues. The clinic's success stems from its commitment to advanced, results-focused bodywork that goes beyond…
Vertex Fleet Expands Nationwide Network to Combat Growing Trailer Drop Yard Shor …
Vertex Fleet announces major expansion of secure parking facilities nationwide, addressing the critical shortage of commercial vehicle storage with 15+ new locations featuring 24/7 security and technology-driven access.
The freight and logistics industry faces a mounting crisis as demand for secure parking spaces continues to outpace supply across the United States. Vertex Fleet [https://www.vertexfleet.com/], a leading provider of industrial outdoor storage solutions, has announced significant expansion plans to address this critical…
HVAC in Denver Sees Service Enhancement as Denver's Best Heating and AC Repair L …
Denver's Best Heating and AC Repair expands 24/7 emergency services across 23 metro cities, offering A+ rated heating, cooling, and commercial HVAC solutions with rapid response times and multi-brand expertise.
Denver's Best Heating and AC Repair [https://www.denversbestheatingandacrepair.com/]has expanded its service capabilities to meet growing demand for reliable heating and cooling solutions across the Denver Metro area. The A+ rated contractor now provides 24/7 emergency response services to 23 cities, addressing critical…
More Releases for Schneider
Schneider Electric Introduces Schneider OffGrid, Delivering Sustainable Portable …
Schneider Electric, the leader in the digital transformation of energy management and automation, today introduced Schneider OffGrid, an all-new portable power station that offers long-lasting battery life and versatile power outputs, with a design and packaging that reduces environmental impact.
Designed for the true outdoor enthusiast, Schneider OffGrid offers consumers reliable power on the go, in a compact and lightweight design, providing power in an era when electricity is essential for…
Schneider Electric partners with Stagecoach
Digital transformation leader Schneider Electric is working with transport operator Stagecoach on its journey towards zero emission travel.
Stagecoach's nationwide programme to electrify its bus fleet will now partner with Schneider Electric to provide the critical electrical infrastructure, software, and services to support the move.
Schneider Electric is delivering its EcoStruxure for eMobility solution to multiple Stagecoach sites across the UK. This includes ultra-rapid EV charging points, electrical distribution infrastructure, and EcoCare…
Schneider Electric Introduces Schneider OffGrid, Delivering Sustainable Portable …
Schneider Electric has introduced Schneider OffGrid, a portable power station with a long-duration battery and more versatile outputs, all within an eco-conscious design.
Built for outdoor uses and backup power, Schneider OffGrid provides portable power in a lighter-weight, compact unit. With its rechargeable battery, Schneider OffGrid is designed to help keep devices, such as phones, laptops, and small appliances charged, for off the grid and for emergency backup. The unit includes…
Schneider Electric SE's Dividend Analysis
Schneider Electric SE (SBGSY) recently announced a dividend of $0.75 per share, payable on 2024-06-20, with the ex-dividend date set for 2024-05-29. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into Schneider Electric SE's dividend performance and assess its sustainability.
Schneider Electric is a leading global supplier of electrical and industrial…
Schneider Electric Boosts Industrial Competitiveness
Schneider Electric is said to showcase the latest innovations in its portfolio, including industrial software, Artificial Intelligence and Digital Twin technology. These solutions will be demonstrated through the lens of a digital and sustainable life science campus, highlighting Schneider's deep domain expertise across the entire industrial value chain.
"With industry contributing around 45% of global greenhouse gas emissions, it is clear we must act to reduce this and support industrial decarbonization…
Schneider Electric Highlights Sustainability & Efficiency
With industry contributing around 45% of global greenhouse gas emissions, it is clear we must act to reduce this and support industrial decarbonization as quickly as possible.
Schneider Electric, the industrial technology leader of energy management and automation, will showcase the latest innovations in its portfolio, including industrial software, Artificial Intelligence and Digital Twin technology. These solutions will be demonstrated through the lens of a digital and sustainable life science campus,…
