Schneider Electric to be carbon neutral by 2030

Schneider Electric has set a target to become carbon neutral by 2030. It is part of its plans to tackle climate change and coincides with the COP21 conference in  Paris. It aims to […]

Register now!

By Jacqueline Echevarria

Schneider Electric has set a target to become carbon neutral by 2030.

It is part of its plans to tackle climate change and coincides with the COP21 conference in  Paris.

It aims to save 120,000 tonnes of emissions.

CEO Jean-Pascal Tricoire said the firm has committed to reduce emissions by 3.5% per year and implement storage initiatives to develop renewable energy and mini grids.

carbon neutral 2030

It will also invest €10 billion (£7bn) in R&D and sustainability in the next 10 years.

Schneider Electric also aims to bring low carbon electricity to 50 million people during the same period.

Mr Tricoire added: “We supply technologies that make sure that life is on for everyone, everywhere, at every moment. As we learnt in the more than 100 countries where we operate in the world, life is on when energy is on, when energy is safe, reliable, efficient, sustainable and in the digital age, connected.

“As countries and companies move on to the COP21 and move on to work together, collaborate together to reduce the temperature increase within 2°C we, Schneider, have decided to take new commitments.”