One Planet Summit, two French multinationals, three big new commitments to tackling climate change

Reading time: 2 minutes
11 December 2017

Two major French companies have signed up to The Climate Group’s corporate leadership campaigns – RE100 (renewable electricity), EP100 (energy productivity) and EV100 (electric transport), designed to accelerate the transition to a zero-emissions economy.

With a combined global revenue of over €95 billion, these companies are sending a strong signal to governments meeting tomorrow in Paris for the One Planet Summit: two years on from the adoption of the historic Paris Agreement, businesses are stepping up their contribution to its implementation. Schneider Electric, a leader in the digital transformation of energy management and automation, has committed to sourcing 100% renewable electricity by 2030 through RE100, and doubling its energy productivity by 2030 (2005 baseline) through EP100. French utility EDF Group has committed to transitioning to electric vehicles by 2030 through EV100, a recently launched initiative aiming to make electric transport “the new normal”.

Signing up to these initiatives will help both companies to deliver on their wider climate ambitions, for example Schneider Electric's target to achieve carbon neutrality in its ecosystem by 2030, and EDF’s ‘Goal 2030’ pledge to “go beyond the requirements of the two degrees Celsius trajectory set by COP21”.   

Helen Clarkson, Chief Executive Officer, The Climate Group, said: “Today’s announcements by EDF and Schneider Electric are important moves by businesses showing their ongoing commitment to delivering on the Paris agreement. These companies are giants in their sectors, so their commitments to purchasing renewable energy, vastly improving energy productivity, and switching to electric vehicles, send clear and significant market signals.”

Jean-Pascal Tricoire, Chairman and CEO, Schneider Electric, said: “When it comes to the climate, I’m neither an optimist nor a pessimist, I’m an activist. Prosperity and energy are intertwined. For Schneider Electric, contributing to the process of achieving carbon neutrality is an ambitious and productive challenge. Joining The Climate Group’s EP100 and RE100 initiatives is a demonstration of how consumers and business can be empowered to ensure the affordability, resilience, sustainability, and security of the energy that they consume.”

Jean-Bernard Lévy, Chairman and Chief Executive Officer, EDF, who signed the EV100 commitment beside The Climate Group at an event at EDF’s Paris office this afternoon, said: “We believe in the importance and the development of electric mobility in towns and regions. For us, joining the EV100 initiative demonstrates this belief. And that’s why I am particularly proud of our commitment to convert the whole of our car fleet to electric by 2030. We have to be among the forerunners and show just how important this field is. This commitment answers the expectations of our stakeholders.”

Jean-Bernard Lévy, Chairman and Chief Executive Officer, EDF with Mike Pierce, Corporate Partnerships Director, The Climate Group

At the One Planet Summit tomorrow, French President Emmanuel Macron, World Bank President Jim Yong Kim, and UN Secretary General António Guterres, will bring together heads of state and business leaders to discuss how to drive forward the implementation of the Paris Agreement and a swift transition to sustainable economy.

Ahead of the Summit, Schneider Electric and EDF are two of 89 French companies, representing an overall turnover of €1,500 billion euros and six million jobs worldwide, that have signed the 2017 French Business Climate Pledge, affirming “the need to collectively change course, in order to bring about a drastic reduction of global greenhouse (GHG) emissions”. The pledge includes a call for better carbon pricing.

Schneider Electric

Schneider Electric has already reduced its energy consumption by 10% every three years for the past decade. Going forward, the company plans to double its energy productivity partly through use of its own technical solutions, such as EcoStruxure™, an Internet-of-things (IoT)-enabled smart technology. Meanwhile, Schneider Electric will transition to 100% renewable power through a wide range of renewable electricity sources at more than 1,000 sites in multiple countries around the world. Its plans include on-site projects such as geothermal and solar energy, off-site Power Purchase Agreements (PPAs) for wind and solar power, and renewable electricity certificates and green tariffs. The company has an interim target of reaching 80% renewable electricity by 2020.

EDF Group

EDF Group is already recognized for its expertise on batteries for electric vehicles. Now the company will transition its fleets to electric vehicles, starting in France, followed by fleets belonging to the Group’s subsidiaries. At its nuclear plants in France, EDF plans to install solar photovoltaics, make use of its own “smart plug” smart charging terminals, and deploy autonomous electric shuttle vehicles. The Group is also helping its customers to use electric vehicles by developing charging infrastructure nationwide.

 

ENDS 

Contact:

Marie Reynolds, Communications Manager –  Business Initiatives, The Climate Group  MReynolds@theclimategroup.org Tel: +44 (0) 207 960 2991 Gideon Hymas, Consultant, Maitland Green Communications – ghymas@maitland.co.uk  Tel: +44 (0)7584 643 000

The Climate Group is an international non-profit organization, founded in 2004, with offices in London, Beijing New Delhi and New York. Our mission is to accelerate climate action. Our goal is a world of under 2C of global warming and greater prosperity for all, without delay. We do this by bringing together powerful networks of business and governments that shift global markets and policies. We act as a catalyst to take innovation and solutions to scale, using the power of communications to build ambition and pace. We focus on the greatest global opportunities for change. Our business campaigns RE100 (renewable electricity), EP100 (energy productivity) and EV100 (electric vehicles), brought to you as part of the We Mean Business coalition, help companies to reduce emissions, enhance resilience, and boost the bottom line. They champion leadership, encourage the sharing of best practice, and tackle barriers to action.

Visit TheClimateGroup.org and follow us on Twitter @ClimateGroup and Facebook @TheClimateGroup.

Led by The Climate Group in partnership with CDPRE100 is a collaborative initiative uniting the world’s most influential businesses committed to 100% renewable power. Renewables are a smart business decision, providing greater control over energy costs and driving innovation, while helping companies to deliver on emission reduction goals. RE100 members, including Global Fortune 500 companies, have a total revenue of more than US$2.5 trillion and operate in a diverse range of sectors – from Information Technology to automobile manufacturing. Together, they represent 155TWh of demand for renewable electricity annually – enough to power Ukraine, Malaysia or New York State. They send a powerful signal to policymakers and investors to accelerate the transition to a low carbon economy.

Led by The Climate Group in partnership with the Alliance to Save EnergyEP100 is a global, collaborative initiative of influential businesses that pledge to double their energy productivity. By doubling the economic output from every unit of energy consumed, companies set a bold target, demonstrating climate leadership while reaping the benefits of lower energy costs. Business accounts for around half of the electricity used worldwide. By focusing on energy productivity outcomes, corporates can reduce their own energy demand and significantly contribute to reducing energy demand globally. Furthermore, significantly improving energy productivity worldwide will help get us halfway to the goal of limiting global warming to well below 2 degrees Celsius. It’s critical that businesses lead the way. By doubling energy productivity, corporations are also enhancing their resilience and boosting competitiveness, all while reducing greenhouse gas emissions, creating jobs, and improving energy security.

EV100 is a global initiative by The Climate Group bringing together forward-looking companies committed to accelerating the transition to electric vehicles (EVs) and the roll-out of EV charging infrastructure, making electric transport “the new normal” by 2030. The transport sector is the fastest-growing contributor to climate change, accounting for 23% of global energy-related greenhouse gas (GHG) emissions. Electric transport offers a major solution in cutting millions of tons of greenhouse gas emissions per year, as well as curbing transport related air and noise pollution. With businesses owning over half of all registered vehicles on the road, it is crucial that companies lead the shift to electric vehicles. Through their investment, and influence on millions of staff and customers worldwide, they can address rising global transport emissions. They can also significantly enhance mass demand for electric vehicles. By setting out their future EV purchasing requirements on an ambitious timescale, as well as investing in charging infrastructure for their staff and customers, companies can drive mass roll-out and make electric cars more rapidly affordable for everyone around the world.

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