Schneider Electric makes steady progress toward 2025 sustainability targets

Schneider Electric has detailed the results of its sustainable impact programme for the second quarter of 2022.

Schneider’s Sustainability Impact (SSI) scored 4.17 out of ten, relative to its 4.70 year-end target. The SSI dashboard measures Schneider’s Environmental, Social and Governance (ESG) performance. It details the progress made on each of the company’s global and local sustainability goals relative to long-term commitments on climate, resources, trust, equal opportunities, generations, and local communities.

The publication of Schneider’s latest SSI scores coincides with Earth Overshoot Day, the date at which more of the Earth’s resources have been consumed than can be replenished. As Earth Overshoot Day in 2022 has occurred one day earlier than last year, it serves as a stark reminder of the need to urgently address humanity’s adverse impact on the planet.

"Our planet is burning, literally. We have to face the reality in front of us and keep accelerating our sustainability efforts," said Gwenaelle Avice-Huet, Schneider Electricity’s Chief Strategy and Sustainability Officer. “As an Impact company, we are convinced that we can help each other with technology, collaboration, and trust. Advancing on our Sustainability Impact programme is not about ESG compliance. It’s about embarking and working with our entire ecosystem of employees, clients, suppliers, and partners to progress together.”

Second quarter 2022 sustainability highlights

Schneider Electric’s EcoStruxure solutions helped customers and suppliers make significant decarbonisation progress and reduce their CO2 emissions by 381 million tonnes since 2018. In June, Schneider Electric and Hitachi Energy agreed to collaborate on green electricity solutions for renewables, data centres, mining and other sectors of industry.

Schneider Electric just expanded its biodiversity pledge to use only deforestation-free wood across its supply chain and operations by 2030.

Schneider Electric provided +1.1 million people with access to green electricity in Q2 2022, bringing it to +6.4 million since January 2021.

In 2022, 82% of Schneider employees feel confident to report an unethical conduct. A good progress since last year (+1pt) in its commitment to provide a trusted environment and Speak Up culture.

Schneider Electric launched its Sustainability School to educate employees on climate and social issues and encourage them to take action and deliver impact in every aspect of their lives.

Schneider Electric’s teams in countries and regions continue to play a specific role in ensuring the maximum impact of their locally-led sustainability initiatives, including projects in France, USA, China and India.

Detailed results and highlights of the SSI programme are presented in the Q2 2022 report, which includes the following overview:

Because of its robust sustainability programmes with concrete and measurable progress, Schneider Electric continues to link its financing instruments to the Group sustainability trajectory. During the first half of the year, the Group set up a ??2,7 Billion euros bank facilities with a pricing indexed on the annual performance of the Schneider Sustainability Impact (SSI).

Recent sustainability awards and recognition:

Schneider Electric recognised as the 2022 Microsoft Energy & Sustainability Partner of the Year

Schneider Electric wins “Water Technology Company of the Year” in Global Water Awards 2022

Schneider Electric ranks 2nd in Gartner Top 25 Supply Chain

Uptime Institute’s 2022 Global Data Center Survey findings highlight the growing, industry-wide need to achieve meaningful efficiency gains, evolve sustainability reporting practices, prevent costly outages and more.
Project represents the first time heat reuse technology has been retrofitted to a data center in Norway to supply capital city with reutilized, emission-free district heating.
Microsoft, the largest cloud service provider, selects Ambri’s technology as part of their journey to 100% renewable energy commitment – moving away from diesel generation as backup energy source for its datacentres.
Keysource, the global data centre design, consultancy and operations specialist, and Chapmanbdsp the global built environment specialist, have formed a partnership that creates a new offer to support clients on the road to net zero carbon emissions in the data centre and critical infrastructure market.
Regular data centre cooling system maintenance among short-term recommendations.
New S&P Global Market Intelligence report commissioned by Eaton assesses the intersection of digital transformation and energy transition across building, data center, industrial and utility markets.
Memorandum of Understanding (MoU) agreement is part of ABB’s global strategy to grow through a network of channel partners.
Optimisation specialist EkkoSense reveals learnings from its analysis of the real-time status of thousands of data centre racks during the heatwave.