Schneider Electric ranks 4th in Gartner Supply Chain Top 25


Wednesday, 26 May, 2021

Schneider Electric ranks 4th in Gartner Supply Chain Top 25

Schneider Electric has been ranked 4th in Gartner’s annual ranking of corporate supply chains. The inclusion is the sixth time that Schneider has featured in the Top 25 list, highlighting the company’s consistent efforts to strengthen and digitise its supply chain operations.

Gartner’s annual ranking identifies supply chain leaders and highlights their best practices, celebrating supply chains that demonstrate alignment with the three macro-trends of integrated purpose-driven organisations, customer-driven transformers and digital-first supply chains.

Mourad Tamoud, Chief Supply Chain Officer for Schneider Electric, noted that the company is working to further decarbonise its operations and engage its suppliers to decarbonise, towards a goal of a net zero carbon supply chain by 2050.

“Leveraging our supply chain strategy, STRIVE, we managed to demonstrate resilience during a challenging year. It’s truly an honour to be held in such high regard by our supply chain peers globally,” Tamoud said.

Earlier this year, Schneider announced plans to accelerate its ESG commitments and aggressive targets for 2025 to reduce CO2 with its customers and partner ecosystem. As part of this commitment, Schneider launched the Zero Carbon Project, which aims to lower the carbon footprint of its supply chain. Under this initiative, the company will partner with its top 1000 suppliers — which represent approximately 70% of Schneider’s carbon emissions — to halve their operations’ CO2 emissions by 2025.

The initiative is part of Schneider’s 2021–2025 sustainability goals and is a step towards limiting the rise in average global temperatures to 1.5°C or less by 2050, as targeted by the Paris Agreement.

Image credit: ©stock.adobe.com/au/Ricochet64

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