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Schneider Electric

Company Context​

Schneider Electric is a French multinational specialising in energy management, electrification, and automation, headquartered in Rueil-Malmaison, France. With approximately 177,000 employees and revenues of around €40 billion, it serves industry, buildings, data centres, and infrastructure globally. Schneider was among the first companies worldwide to commit to net-zero targets under the SBTi Net-Zero Standard, with validated targets set in 2022 covering a 90% reduction in Scope 1 and 2 emissions by 2030 and full net-zero across its value chain by 2050.

Climate Strategy and Role of CDR​

Schneider's climate strategy follows a tiered approach: deep operational emissions reductions first, with CDR used to neutralise residual emissions that cannot be eliminated. The company achieved carbon-neutral operations in 2025 and is targeting net-zero-ready operations by 2030. CDR is treated as a necessary complement to reductions, not a substitute. Schneider runs a dual-track portfolio, combining technology-based CDR with nature-based solutions through its investment in the Livelihoods Carbon Fund and its subsidiary EcoAct, an in-house carbon advisory and project development firm.

What they have bought​

Schneider's CDR portfolio spans several removal methods. Its headline purchase is a long-term agreement with Climeworks for direct air capture and geological storage — Climeworks' largest portfolio sale to date at the time of signing — alongside contracted volumes of bioenergy with carbon capture and storage and enhanced rock weathering. The company has also made smaller purchases of biochar and biomass burial credits. Schneider Electric's individual purchases are tracked and publicly available on the CDR.fyi Leaderboard (see company page on CDR.fyi).

What we can learn from their approach​

  • Strategic supplier partnerships: Schneider's agreement with Climeworks includes active collaboration on DAC cost reduction and MRV improvement — positioning the company as a market-development partner rather than a passive buyer
  • Portfolio diversification across durability tiers: Purchases span geological storage, biological removal, and soil-based approaches at different maturity and price points, reflecting a deliberate spread across CDR methods
  • In-house carbon capability: Through EcoAct, Schneider has built internal expertise to source, evaluate, and develop carbon credit projects — an unusual advantage for an industrial company that enables more sophisticated procurement

Profile published on 20 April 2026, based on publicly available information.