Supply Chain Digital Magazine June 2024 | Page 119

SCHNEIDER ELECTRIC : A CIRCULARITY LIGHTHOUSE
“ This allows procurement teams to see what ’ s repairable and what needs replacing . The base level assessment is crucial as it provides the foundation for a sustained programme of circularity and repairability ,” says David . “ With this in place , organisations have a starting point for digital transformation and decarbonisation of assets and infrastructure , to support the direction of the business and its energy requirements .”
Adding to David ’ s comments , Clare Hobby , Director of Purchasing Engagements at TCO Certified , explains from an IT perspective : “ IT products come with a number of sustainability risks which mainly happen in the supply chain . To be able to use IT products in a circular manner , you need to set the right criteria in procurement .
Committed to building a sustainable , responsible and net-zero ready supply chain , Schneider Electric currently uses 27 % green materials across all products , with the ambition to reach 50 % by 2025 . In fact , 22 % of Schneider Electric ’ s product families have a circularity option and more than half of Schneider Electric ’ s manufacturing sites recover more than 99 % of waste .
“ So , we were delighted to be recognised by the World Economic Forum and McKinsey for our end-to-end circular approach across our portfolio of energy and building automation solutions ,” says David .
He adds : “ Through eco-design , wasteto-resources sites and a global network of refurbishment centres , Schneider Electric has avoided approximately 513 million tons of CO2 to customers since 2018 .
“ Circular business models offer compelling sustainability and commercial benefits and we ’ re looking forward to the opportunities this new Circularity Lighthouse network offers in terms of learning , sharing and accomplishing more in this area .” supplychaindigital . com 119