Schneider Electric

Electrical Components & Equipment
SU.PA
€ 208 2.5
Share price
$ 125 bn
Market Cap
$ 138 bn
Enterprise Value

Carbon footprint

1.7 Ton
GHG emissions per $ 1 mln investment
0.05x the weighted average for S&P 500
FY2022
How is this calculated?
-22%
YOY change in GHG emissions
Weaker than the +0.5% weighted average for S&P 500
FY2022 vs. previous year

Primary Climate Goal

-33%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Stronger than the -8.2% weighted average for S&P 500
FY2023
How is this calculated?

Schneider Electric aims to achieve carbon neutrality for Scope 1 + 2 by 2025


This target has not been verified as science based according to SBTi
Schneider Electric's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

Secondary Climate Goal

-3.6%
Proj. YOY change in GHG emissions (all Scopes)
Weaker than the -6.5% weighted average for S&P 500
FY2023
How is this calculated?

Schneider Electric aims to achieve net zero for all Scopes by 2050


1.5°C
Schneider Electric's actual and proj. GHG emissions (all Scopes) (Kt of CO2e)

GHG emissions and Carbon intensity

Schneider Electric's GHG emissions (market-based) (Kt of CO2e)
Schneider Electric's Carbon intensity (Tons per 1 USDm)

Schneider Electric's carbon footprint

Schneider Electric reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2022 at 229 Kt (-65 /-22% y-o-y). Also positively, carbon intensity was down at 6.4 t (-2.2 /-25.6% y-o-y).

Schneider Electric's Scope 3 emissions tumbled to 60,952 Kt (-7,949 /-11.5% y-o-y). The performance has been erratic recently.

The company is committed to achieving carbon neutrality for Scope 1 + 2 by 2025, which translates into the estimated reduction of -76 Kt per annum over the period of FY2023 - FY2025. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Also, the company commits to achieving net zero for all Scopes by 2050, which translates into the estimated reduction of -2,185 Kt per annum over the period of FY2023 - FY2050. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.

Schneider Electric aims to achive carbon neutrality across its operations (Scope 1 + 2) in 2025. Companies normally become carbon neutral with the help of the acquisition of carbon offsets rather than absolute reductions in their own greenhouse emissions. Also, carbon neutrality does not include non-CO2 GHG emissions.

Company environmental metrics

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