Schneider Electric today announced its commitment to sourcing 100 percent renewable electricity to become carbon neutral by 2030.
The company also announced its decision to join to global initiatives led by The Climate Group.
By joining RE100 the company has committed to use 100 percent renewable electricity by 2030 with an intermediary objective of 80 percent by 2020. By joining EP100, it plans to double energy productivity by 2030, against a 2005 baseline.
These commitments will cover more than 1,000 electricity-consuming sites around the globe, including 200 factories. Schneider Electric will leverage a broad range of renewable energy sources, including but not limited to solar, wind, geothermal and biomass.
Emmanuel Lagarrigue, chief strategy officer and executive vice president at Schneider Electric said,”The commitments we have made today in joining RE100 and EP100 to source 100 percent renewable electricity and reflect on the doubling of our energy productivity are a demonstration of how consumers and business can be empowered to ensure the affordability, resilience, sustainability, and security of the energy that they consume.”
At COP21 in Paris in 2015, Schneider Electric announced 10 Commitments for Sustainability. In addition, Schneider Electric announced a number of initiatives recently to become a carbon neutral company by 2030.
Rajani Baburajan
editor@greentechlead.com