Materialize: Schneider Electric’s Blueprint for a Sustainable Future in Critical Minerals

Materialize: Schneider Electric’s Blueprint for a Sustainable Future in Critical Minerals | SPONSORED

In a recent interview at the Innovation Summit in Paris, I had the pleasure of speaking with Barbara Frei, EVP of Industrial Automation, Schneider Electric, about their latest program, Materialize. This program aims to transform the critical minerals industry by steering it toward carbon neutrality, a goal that’s becoming increasingly crucial in today’s environmental context.

Materialize is Schneider Electric’s answer to the complex challenge of decarbonizing the supply chain, particularly focusing on Scope 3 emissions, which have historically been a blind spot for many companies in the industry. By targeting these indirect emissions that occur in the value chain of the reporting company, Materialize aims to close the loop on carbon neutrality efforts that, until now, have primarily focused on direct operations.

In addition to discussing Materialize, Barbara also talks about Schneider Electric’s approach to industry partnerships, highlighting collaborations with major end users and industry associations. These partnerships are crucial for mapping suppliers and identifying key leverage points for decarbonization efforts.

Looking ahead to Hannover Messe, Barbara talks about Schneider Electric’s focus on the life sciences sector, driven by the industry’s robust growth and the push for greater resilience in medicine production. The emphasis on life sciences is timely, reflecting the lessons learned from the COVID-19 pandemic about the importance of having diversified production capabilities across regions.

Schneider Electric’s Materialize program and strategic focus areas underscore its commitment to sustainability and innovation. By harnessing the power of digital solutions and industry collaborations, Schneider Electric is advancing its sustainability agenda and setting a new standard for the critical minerals industry and beyond.

This interview was recorded by Lucian Fogoros, Co-founder of IIoT World at the Innovation Summit 2024 in Paris. The summary was created based on the video transcript with the assistance of https://chat.openai.com/. The IIoT World Team reviewed it.

Sponsored by Schneider Electric