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Schneider’s ‘Circular Principles’ Outpaces Its ‘Sustainability Progress’ Expectations


The Sustainability Report 2019-2020 Highlights covers circular economy, energy management, responsible resource usage, renewable electricity and waste reduction among others.

Dailycsr.com – 19 June 2020 – Schneider Electric has published its sustainability report for 2019-2020. The core aim of the company is to responsibly use resources, while circularity model seems to prove efficient for it. For over the past years, following “circular principles”, Schneider Electric outpaced its “own expectations” towards its “sustainability progress”.
According to Schneider Electric:
“Circular economy is part of our 2018 – 2020 Schneider Sustainability Impact (SSI). The SSI covers 21 impacts that align with United Nations (U.N.) Sustainable Development Goals. Together with the global community, we are working to alleviate poverty, protect the planet, and bring about global peace and prosperity. Here is our 2018 and 2019 progress against our 2020 goals”.
Compatibility as one planet is about organisations and people together “using finite resources” without exploitation by respecting the Earth’s replenishing ability. In the year of 2019, Schneider became a part of the Global Footprint Network, in short GFN, for highlighting the “powerful competitive advantage of one-planet-compatible companies”. In Schneider’s words:
“By partnering with GFN, we’ve been able to gauge our activities through ecological footprint accounting. This helps us answer ‘yes’ to the question: ‘Are our products and services aligned with moving customers and humanity out of ecological overshoot?’
Furthermore, in a joint research conducted with GFN4, it was found that energy happens to be “one of five levers” which can push back the “Earth Overshoot Day”, with the help of technologies offered by Schneider and its partners. By implementing three levers, namely “management, industrial automation, and renewable electricity”, it is possible to push back the “Earth Overshoot Day” by three weeks, while further implementation of two more levers, “cross-sector innovation” and 50% reduction of CO2 emissions, the same can be pushed back by “93 days”.
Moreover, talking about the company’s sustainable initiatives, Schneider Electric also informed:
“We’re one of the few companies in the industrial sector to be part of the New Plastics Economy Global Commitment coordinated by the Ellen MacArthur Foundation5. We’ve committed to doubling the quantity of recycled plastics in our products by 2025, to align with goals put forth in France’s Circular Economy Roadmap6, and we’ve banned single-use plastics in our facilities around the world. The latter progress was the result of our new Act For Green program, which encourages our employees to share their ideas to advance Schneider’s sustainability mission”.
Green Packaging Project is a pilot programme of Schneider which was launched in 2019 year end in an attempt to build on the “waste reduction goals” of the company. Through this initiative, the company wishes to cut down plastic film’s usage for packaging by “97,000 square meters”, the quantity needed to “cover 14 soccer fields”. Moreover, this will also allow Schneider to “conserve about 74 tons of raw material”.
Talking about the company’s further progresses made in 2019 which is highlighted in its sustainability report for 2019-2020, Schneider added:
“In addition to reducing our use of plastic and conserving resources, we’ve made great strides in ensuring the materials we do use are used to their fullest: since 2012, we’ve increased the amount of waste we recover from 8% to 95%. This means that in 2019, we’ve kept 11,000 tons of waste out of landfills — more than the weight of the Eiffel Tower. Our progress in this area has led to 193 of our sites labeled toward zero waste to landfill”.
You can read the “2019 Circular Economy Highlights” by clicking on the link provided below:
For reading the entire “Schneider Electric in its 2019 - 2020 Sustaianbility Report”, kindly visit the link mentioned here: