Schneider Electric’s 2022-2024 sustainability and financial disclosures provide a sophisticated illustration of how an industrial technology leader can drive global decarbonization both within its own operations and across its value chain, while continuing to deliver strong financial performance. The data show that, as of 2024, Schneider Electric enabled its customers to avoid 120 million tonnes of CO₂ emissions through its energy management and automation solutions-a 33% increase from 2022. At the same time, the company achieved a 30% reduction in emissions among its top 1,000 suppliers, up from 21% in 2022, demonstrating meaningful progress in supply chain decarbonization.
This trajectory is the result of several interdependent strategic pillars:
- Customer impact and systems transformation: Schneider Electric’s core business model is built around enabling energy efficiency, electrification, and digitalization for its clients, directly contributing to global emissions reductions far beyond its own operational footprint.
- Operational decarbonization and renewable energy: The company increased renewable electricity use in its own operations from 82% in 2022 to 91% in 2024 and remains on track for carbon neutral operations by 2025. This is supported by investments in on-site renewables, energy efficiency upgrades, and the electrification of its own vehicle fleet.
- Supplier engagement and value chain leadership: Schneider Electric’s Zero Carbon Project, targeting its largest supply chain partners, has produced a 30% emissions reduction, underpinned by technical support, collaborative innovation, and the use of digital tools for emissions tracking and reporting.
- Circular economy and resource stewardship: The share of revenues from circular products and services rose from 16.8% in 2022 to 19.5% in 2024, reflecting a strategic pivot toward product longevity, repairability, and resource efficiency.
- Social and governance integration: The company has also advanced diversity, with women in leadership roles rising to 29.5% in 2024, and maintains transparent, science-based reporting aligned with CDP, SBTi, and other global frameworks.
Financially, Schneider Electric’s revenue increased from €32.6 billion in 2022 to €36.2 billion in 2024, with net income rising from €3.5 billion to €4.2 billion over the same period. This shows that the company’s sustainability strategy is tightly integrated with business growth and value creation.