Schneider Electric collaborates with 1,000 suppliers to reduce CO2 emissions by 2025
Energy management and automation company Schneider Electric has announced that it is launching a project with its strategic 1,000 suppliers to halve their operations' carbon dioxide (CO2) emissions by 2025.
The company said under the 'Zero Carbon Project' it will provide tools and resources to program participants to help them set and accomplish their own carbon reduction targets.
It said that suppliers will be first encouraged to quantify their CO2 emissions using the company's digital tools and will then use that data to set goals and strategies for emissions reduction.
The company said these suppliers also exemplify 70 percent of the company's carbon emissions.
"Schneider aims to reduce scope 3 emissions by 35 percent by 2030 but we can't make this journey alone and we encourage suppliers to join us as they are an integral part of our ecosystem," Olivier Blum, Chief Strategy and Sustainability Officer said.
The company also said the program will be reinforced by Schneider's Energy & Sustainability Services division, which has partnered on related supply chain decarbonization initiatives with its business clients, comprising Walmart, GSK, and the global Sustainable Apparel Coalition.