Schneider Electric's Circular Economy Practices

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Schneider Electric's circular economy practices are designed to minimize waste and maximize resource efficiency. The company incorporates recycled materials into its products and emphasizes product longevity through strategies like leasing. This approach helps reduce environmental impact by keeping materials in use for longer periods. Schneider Electric aims to increase the share of sustainable materials in its products to 50% by 2025 and has already made significant strides, such as using 27% green materials across all products. Schneider Electric's circular economy strategy includes eco-design, waste-to-resources initiatives, and a global network of refurbishment centers. The company offers services like refurbishment and modernization to extend product life, reducing the need for new materials. This not only benefits the environment but also fosters innovation and improves supply chain resilience. By adopting an end-to-end circular approach, Schneider Electric supports businesses in achieving sustainability goals while enhancing operational efficiency and reducing costs.