STMicroelectronics has selected Schneider Electric as a strategic partner to support its goal to reach carbon neutrality by 2027.
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. 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 and CEO.
“Both a customer and a supplier, STMicroelectronics is one of our key partners in this endeavor,” said Jean-Pascal Tricoire, chairman and CEO of Schneider Electric. “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.”
About Schneider Electric
Schneider Electric is leading the Digital Transformation of Energy Management and Automation in Homes, Buildings, Data Centers, Infrastructure and Industries. With global presence in over 100 countries, Schneider is the undisputable leader in Power Management – Medium Voltage, Low Voltage and Secure Power, and in Automation Systems. We provide integrated efficiency solutions, combining energy, automation and software. In our global Ecosystem, we collaborate with the largest Partner, Integrator and Developer Community on our Open Platform to deliver real-time control and operational efficiency. We believe that great people and partners make Schneider a great company and that our commitment to Innovation, Diversity and Sustainability ensures that Life Is On everywhere, for everyone and at every moment.
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