Schneider Electric reports 913M tons cumulative customer carbon reduction
Schneider Electric announced the first half-year results of its sustainability roadmap 'Impact 2030', reporting significant reductions in its own carbon emissions and substantial carbon savings for its customers.
Our take
What does Schneider Electric's supplier decarbonisation programme mean for corporate renewable demand in Korea?
Schneider Electric's supplier programme makes no measurable addition to Korean corporate renewable demand, because it asks 1,500 suppliers to report emissions rather than buy renewable power and does not say how many are Korean.
Only 15 suppliers met the programme's criteria in the second quarter. What would change this is reporting being tied to reduction targets and the programme naming its Korean suppliers.
For investors — Corporate buyers and renewable power sellers in Korea should treat this as a signal of supply-chain pressure rather than volume, and check whether Korean suppliers are named before counting it in demand estimates.
Watch: Schneider Electric's announcement of 'Impact 2030' roadmap progress and cumulative customer carbon reduction figures.
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