Intel and Applied Materials Join New Schneider Electric Program to Decarbonize Semiconductor Industry
Schneider Electric, a digital energy and automation solutions provider, recently announced the launch of Catalyze, its new partnership program focused on expanding renewable energy accessibility and adoption throughout the global semiconductor supply chain. As global demand for semiconductors continues to increase, industry leaders must collaborate to reduce the industry’s carbon footprint and achieve sustainable growth.
Intel and Applied Materials, Inc. have already joined the initiative and are calling for other suppliers throughout the industry to join the program and accelerate the supply chain’s transition to renewable energy and a low-carbon future.
“Switching to renewable energy is an important step to reduce greenhouse gas emissions. Intel has achieved 93 % renewable electricity in our global operations and remains committed to reaching 100% by 2030,” said Intel’s Keyvan Esfarjani, Chief Global Operations Officer. “Intel is proud to be a founding member of Catalyze to help remove barriers to choosing greener energy. Ultimately, we want our entire value chain to achieve net zero as we continue to deliver leading technologies that power our digital world.”
The Catalyze program will focus on several key areas that will help achieve its overall mission, such as combining energy purchasing power across the supply chain to accelerate the deployment of renewable energy projects and providing education on the importance of developing operational supply chain program models to overcome net-zero ambition gaps. It will also assist suppliers who have made carbon emissions reduction commitments and provide the opportunity for them to participate in the market for utility-scale power purchase agreements.
“Promoting closer collaboration across the value chain is key to accelerating carbon emissions reduction. We look forward to working with our partners to drive higher output of clean energy for the global semiconductor industry,” said Gary Dickerson, President and CEO of Applied Materials.
