Schneider Electric's climate commitment pledge

Energy management company Schneider Electric has issued a climate commitment pledge in line with the American Business Act on Climate.

The company recently attended the White House Summit on Climate and the Road through Paris, which gathered leaders from government, private sector, academic, technical and scientific communities to focus on cross-sector efforts to tackle the climate change challenge in the US and around the world. Additionally, participants discussed how to further engage and organise in support of the upcoming COP21 Paris climate negotiations.

At the event, Schneider Electric announced that it has made an American Business Act on Climate Pledge, joining more than 60 companies from across the American economy that are demonstrating an ongoing commitment to climate action and to voice support for a strong outcome to the COP21 Paris climate negotiations.

Schneider Electric’s climate commitment pledge is as follows:

• Achieve 10% energy savings by the end of 2017 by reducing the company’s energy intensity
• 120,000 tonnes of CO₂ avoided through end-of-life products by the end of 2017
• 75% of products in R&D to be designed as Green Premium, with an ecolabel, and 75% of product revenue to come from Green Premium by the end of 2017
• Zero waste to landfill in 100 industrial sites by the end of 2017
• 50 million underprivileged people obtaining lighting and communication systems with low-carbon solutions by 2025 through the Access to Energy program
• Invest over $11 billion over 10 years on R&D innovation in sustainability

“We are encouraged by the growing number of countries that have already set meaningful targets for climate action,” said Schneider Electric Chairman and CEO Jean-Pascal Tricoire. “In this context, we support the completion of a climate change agreement in Paris that takes a strong step forward toward a low-carbon, sustainable future.”