STMicroelectronics Partners with Schneider Electric on Carbon Neutrality and Co-Development of Energy-Efficient Solutions
STMicroelectronics, a global semiconductor leader serving customers across the spectrum of electronics applications, has selected Schneider Electric as a strategic partner to support its goal to reach carbon neutrality by 2027. Schneider Electric, the leader in the digital transformation of energy management and automation, will support ST in this next stage of its ongoing efforts to reduce its global environmental footprint.
The companies will collaborate on the overall reduction of energy consumption on ST’s manufacturing and design sites, the renewable energy sourcing strategy across all of ST’s locations, and the identification and implementation of credible and relevant carbon avoidance and sequestration programs.
The partnership builds on a longstanding relationship between the two companies. Today, ST supplies a variety of energy-efficient components to Schneider Electric for use in its variable speed drives, power monitoring systems, building management systems, and uninterruptible power supply (UPS) systems.
Under the new agreement, ST and Schneider Electric will increase their cooperation to develop additional joint products, technologies, and solutions focused on energy efficiency improvement, supporting digital transformation in buildings, datacenters, industrial applications, and infrastructure. The partners will specifically look at the possibilities enabled by wide-bandgap semiconductors (SiC and GaN), AI-enabled sensors, and connectivity.
“ST is stepping up its ambition and plans for the sustainability of its operations to become carbon neutral by 2027. To do so, we have built a comprehensive program that covers extensive actions in our fabs – key assets that will strengthen our design sites, our global energy procurement of 100% renewable energy, and our overall footprint throughout our operations globally,” said Jean-Marc Chery, STMicroelectronics’ President & CEO. “These are very ambitious targets for a global company such as ST. To reach them we will collaborate with one of the leaders in this field, Schneider Electric. Schneider’s support will be instrumental in reaching our own sustainability targets and in the joint development of technology, products, and solutions that can benefit the industries we work with and, ultimately, society as a whole.”
“Schneider Electric is supporting the transition to an all-digital, all-electric world that will meet the challenges of the climate crisis without leaving anyone behind. But we’re not doing it alone; our ecosystem—including our customers and our suppliers—plays a crucial role in this transition,”said Jean-Pascal Tricoire, Chairman & CEO of Schneider Electric. “Both a customer and a supplier, STMicroelectronics is one of our key partners in this endeavor. By using ST solutions in our products, we can accelerate our performance and efficiency. In turn, by working with ST to set and achieve its carbon reduction targets, we create a virtuous cycle that contributes to the fight against climate change while reaching our respective sustainability goals.”
At ST, we are 46,000 creators and makers of semiconductor technologies mastering the semiconductor supply chain with state-of-the-art manufacturing facilities. An independent device manufacturer, we work with our 100,000 customers and thousands of partners to design and build products, solutions, and ecosystems that address their challenges and opportunities, and the need to support a more sustainable world. Our technologies enable smarter mobility, more efficient power and energy management, and the wide-scale deployment of the Internet of Things and 5G technology. Further information can be found at www.st.com.
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Jean-Pascal TRICOIRE
ChairmanJean-Pascal Tricoire is the Chairman of Schneider Electric. He previously served as COO of Schneider from 2003, CEO from 2006 to 2013, and Chairman and CEO from 2013 to 2023. Under Jean-Pascal’s leadership, Schneider has transformed and become a technology company leading in software, sustainability, digitization, and electrification. As CEO, he redefined the company’s purpose and technology portfolio, quadrupling Schneider’s revenues across its balanced geographical footprint. Jean-Pascal joined Schneider Electric in 1986 and held various positions across France, Italy, China, South Africa, the United States and Hong Kong. In 2001, he first joined the company’s Executive Committee to take charge of Schneider’s international division. Jean-Pascal also serves as an independent director on the board of Qualcomm. He is a director of the worldwide board of the United Nations Global Compact, a United Nations #HeForShe Corporate IMPACT champion and a member of the International Business Council of the World Economic Forum as well as the Asia Business Council. He is also a member of the board of trustees of Northeastern University. Jean-Pascal is a member of the International Advisory Council of the Singapore Economic Development Board and a member of the advisory councils of Shanghai, Beijing, and Hong Kong. He led the France-China Business Council from 2009 to 2019. He is a Knight of the Legion of Honor and an Officer of the National Order of Merit in France. Jean-Pascal is committed to leverage technology to create a net zero and inclusive future for all. He is passionate about technology and software, access to energy, sustainable development and diversity, equity and inclusion.Read more
Attached files
Adoption of Wiztrust's Blockchain Certification Platform
From October 2nd, 2019, in order to secure its communication, Schneider Electric certifies its contents on Wiztrust. You can check the authenticity on the website Wiztrust.com for Corporate communications.
