Schneider Electric launches Materialize program for Scope 3 decarbonization of natural resources

- Materialize unites leading critical resource and materials companies to reduce supply chain emissions by guiding suppliers to understand and implement decarbonization strategies- Leveraging Schneider's Sustainability Business advisory experts, the program will help suppliers participate in utility scale, renewable power purchase agreements (PPAs)- Decarbonizing materials will offer emission-reduction opportunities to broader value chain and facilitate the transition to a low-carbon economy ...

Rueil-Malmaison Cedex, 03/04/2024 (informazione.it - comunicati stampa - scienza e tecnologia)

Schneider Electric , the leader in the digital transformation of energy management and automation, today launched Materialize, a supply chain decarbonization program designed to support companies in the metals and minerals sector reduce carbon emissions across their global supplier base. 

As the world transitions to net-zero emissions and scales up clean energy technologies, demand for minerals and metals will grow exponentially. To meet this demand without furthering carbon emissions, it is vital that companies collaborate to decarbonize power supply, mitigate the environmental impact of the energy-intensive processes related to these critical resources, and reduce the sector's Scope 3 emissions.

Materialize is a continuation of Schneider Electric's suite of supply chain decarbonization programs from its Sustainability Business consulting division, which leverage the power of supply chain cohorts for renewable energy procurement at scale. The Materialize program will encourage the wider value chain to transition to renewable energy sources by accelerating the deployment of decarbonization projects and software, improving access for suppliers to renewable energy solutions at scale, such as power purchase agreements (PPAs).

Lowering emissions is a challenging task due to the complexity of the value chain, data availability and reliability, and the difficulties in defining the breadth of the sector's Scope 3 emissions. Suppliers lack expertise in decarbonization and face barriers to progress, such as solution costs and availability. Through Materialize, experts from Schneider Electric's Sustainability Business will simultaneously engage hundreds of industry suppliers through digital technology platforms and guide them on removing such barriers. 

Materialize also has the potential to offer industries outside of the sector a way to decarbonize their broader supply chain ecosystems. by sourcing materials suppliers who prioritize sustainable and low-carbon production methods.

Schneider Electric's other programs include Energize, a collaborative effort across the pharmaceutical industry with over 500 supplier companies already participating, and Catalyze for semiconductor companies. Both were created to engage thousands of suppliers simultaneously to drive swift and measurable action to reduce program sponsors' Scope 3 emissions. The portfolio builds on Schneider's foundational initiative, The Zero Carbon Project , that provides resources and guidance to program participants, encouraging ambitious decarbonization goals with a deployment action plan to achieve it.
 

Contact:
Schneider Electric Global Media Relations
global.pr@se.com

Attachment