Energy giant leads charge over net zero | City & Business | Finance


The review will be part of a wider global look at what the carbon footprint of Schneider and thousands of companies that form its supplier base is. Schneider wants to halve the CO2 emissions from its top 1,000 suppliers around the globe by 2025.

Suppliers that do not measure up initially will be given time to improve, but if they fail to do so, they face being replaced. The French group has 35,000 employees in the UK and around 100 local suppliers, most of which are small to medium sized enterprises.

Kelly Becker, president UK and Ireland of Schneider Electric, said: “We want to give people time to make changes. But everybody has to play their role in driving efficiency and saving the environment.”

While Schneider plans to have a net-zero supply chain by 2050, its own internal targets are much tougher. By 2025 it wants to generate 80 per cent of its revenues from green product sales, such as electric vehicle charging equipment, and help its customers save or avoid 800 million tonnes of CO2 emissions, the equivalent of taking 170 million cars off the road for a year. All of the packaging will be free from single-use plastics.

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