Schneider Electric, the leader in the digital transformation of energy management and automation, launched “Catalyze”, a new partnership programme aimed at accelerating access to renewable energy across the global semiconductor value chain.
Unveiled during SEMICON West 2023, Catalyze is a first-of-its-kind programme of collaboration among key semiconductor and technology industry leaders to address the supply chain emissions within their industry. The programme joins other Schneider Electric supply chain partnership initiatives that seek to leverage the power of supply chain cohorts, including the Energize programme for the pharmaceutical industry, and Walmart’s Gigaton PPA programme.
Intel, one of the world’s leading semiconductor design and manufacturing companies, and Applied Materials, Inc., the world’s largest semiconductor and display equipment company are the inaugural corporate sponsors of the Catalyze programme. Together with Schneider Electric, the companies will encourage suppliers from throughout the semiconductor industry ecosystem to join the Catalyze programme and help accelerate the value chain’s transition to renewable energy and a low-carbon future.
As the global demand for semiconductors in consumer and commercial products increases, the carbon footprint continues to grow, making it imperative for semiconductor industry leaders to collaborate to drive greater use of renewable energy and achieve a more sustainable path to growth. The shared goal of the Catalyze participants will be to encourage the industry’s thousands of suppliers to take bold climate action through decarbonization. This is a challenging task, due to the complexity of the value chain, data availability and reliability, and the difficulties in defining the boundaries of such emissions.
Peter Herweck, CEO of Schneider Electric, said,
“At Schneider Electric, our purpose is to empower companies to make the most of our energy and resources, bringing progress and sustainability together for everyone. Our mission is to be a digital partner for Sustainability and Efficiency, and the Catalyze partnership programme is an excellent example of how companies in key global industries can collaborate to accelerate decarbonisation."
“Switching to renewable energy is an important step to reduce greenhouse gas emissions. Intel has achieved 93 percent renewable electricity in our global operations and remains committed to reaching 100 percent 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.”
“Applied Materials has been working with our suppliers to instill sustainability best practices through our SuCCESS2030 initiative, and we are excited to build on our momentum with the Catalyze programme. 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, Applied Materials.
The programme will initially focus on suppliers with energy load in specific markets in the semiconductor value chain where renewable energy is currently available, with the intention to expand globally where specific interest and renewable energy market opportunities align.
News Source: Emirates News Agency
