Schneider Electric Partners with CDP to Provide Global Sustainability Consulting

Schneider Electric has renewed its Accredited Provider partnership with CDP to provide global consultancy services in sustainability and software. 
 
The renewal marks the 13th consecutive year of partnership between Schneider Electric and CDP.  
 
82% of Schneider Electric CDP consulting clients received a Climate disclosure score of “B” or above in 2023. 
 
Schneider Electric, the leader in the digital transformation of energy management and automation, has announced that it has renewed its partnership with CDP as an Accredited Provider of global sustainability consulting services and sustainability software. This is the 13th year that the company has collaborated with CDP to improve environmental disclosure and reporting in the commercial and industrial sector. 

CDP is recognized as the industry gold standard for environmental disclosure, a critical piece of measuring climate action globally. A record 23,000+ companies or two-thirds of global market capitalization disclosed their environmental data through CDP, which is a 24% increase over 2022. As a global partner, Schneider Electric will make its portfolio of climate- and sustainability-related services, including its award-winning EcoStruxure™ Resource Advisor software platform, available to CDP respondents. 
 
Schneider Electric itself reports annually to CDP and has achieved a Climate score of “A” for thirteen consecutive years, leading by example and distinguishing itself among respondents. Only1.7% of 23,000 companies scored achieved the coveted A-score this year. 

The company is both committed to reducing its full value chain emissions and enabling customers to reduce their own emissions. In August 2022, Schneider Electric was one of the first companies to see its GHG reduction targets validated by the Science Based Targets initiative (SBTi), aligned with its “corporate Net-zero Standard” published in October 2021. 
Since 2018, the company helped customers save and avoid 553 million tons of CO2eq.

“Schneider Electric drives companies on their journey from disclosure to environmental leadership by delivering high-valued expertise on managing risks and reducing impacts,” said Paul Robins, Head of Partnerships at CDP. “We are delighted to continue our partnership in 2023 with one of CDP’s most long-standing Accredited Solutions Providers.” 

Schneider Electric collaborates with thousands of organizations worldwide to manage and disclose their carbon and resource footprints and to strategically reduce resource consumption through innovative data management, energy efficiency, renewable energy procurement, and climate change mitigation strategies. In total, the company manages more than 128 million metric tons of carbon dioxide equivalent on behalf of its clients annually. In 2023, 82% of Schneider Electric’s consulting clients responding to CDP with the company’s help received a Climate disclosure score of “B” or above. 

“Acting on climate change isn't a future consideration; it's an urgent mandate. Companies must not only establish ambitious carbon reduction goals but also actively pursue them and transparently report their progress. In an era where regulations are intensifying and stakeholders, including investors and consumers, are demanding accountability, businesses across all sectors are elevating their commitment to sustainability. Immediate, concrete actions to reduce impact, manage risks, and grow sustainably are now the norm," said Erik Mohn, Vice President, Global Sustainability Consultancy & Reporting Services for Schneider Electric. "Our dedication to this cause has spanned more than a decade, and we're thrilled to bolster our worldwide collaboration with CDP. Together, we're mobilizing both seasoned and new participants to join forces in propelling climate action forward."

Schneider’s purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On. Our mission is to be your digital partner for Sustainability and Efficiency. We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries. We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values. www.se.com