Walmart Inc. and Schneider Electric, the leader in the digital transformation of energy management and automation, today announced a new collaboration that will provide increased access to renewable energy for Walmart’s U.S.-based suppliers, enabling them to lead on climate action. The groundbreaking initiative, called the Gigaton PPA (GPPA) Program, is designed to educate Walmart suppliers about renewable energy purchases and accelerate renewable energy adoption by participating suppliers through aggregate power purchase agreements (PPA). The program directly supports Walmart’s Project Gigaton, which aims to avoid one gigaton (one billion metric tons)…
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Faurecia Partners with Schneider Electric on Carbon Neutrality
Faurecia, one of the world’s leading automotive technology companies, has selected Schneider Electric as a preferred partner to support the Group in its commitment to reach CO2 neutrality for scopes 1 and 2 by 2025. Schneider Electric, the leader in digital transformation of energy management and automation, will accompany Faurecia in this first stage of its CO2 Neutral mission which involves decarbonizing its operations. “Faurecia’s CO2 Neutral objective is both an embodiment of our Convictions for making a positive contribution to society and the planet, and a strategic business decision…
Read MoreJuly 29th, 2019 Earth Overshoot Day: Corporations’ Long-Term Success Hinges on Their Business Model Being Designed to Support Humanity’s Success
Humans are using natural resources faster than the Earth’s ecosystems can renew them, according to Global Footprint Network, an international research organization that changes the way humanity manages biological resources. In just seven months, we use a year’s worth of food, fiber, timber, and forested land area with the capacity to absorb our carbon emissions. This year, Earth Overshoot Day — when humans have used as much as nature can regenerate in the whole year — falls on July 29 the earliest date yet. For the last two years, Schneider Electric, the…
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