NEW DELHI: Schneider Electric, the leader in the digital transformation of energy management and automation, has announced that Google, ASM, and HP have joined the Catalyze program as new global sponsors. The program, which aims to accelerate access to renewable energy across the global semiconductor value chain and IT supply landscape, encourages suppliers from throughout the semiconductor industry ecosystem to collaborate to transition their value chain to renewable sources of energy.
The announcement coincides with the COP28 United Nations Climate Change Conference taking place in Dubai. The growing participation in the program promises to greatly expand access to renewable energy in the semiconductor space. The first-of-its-kind program was first announced in July, with sponsors Intel and Applied Materials.
According to a recent study by the SEMI Semiconductor Climate Consortium, the semiconductor industry’s carbon footprint was equivalent to 500Mt of CO2 in 2021, with 16% coming from the supply chain. By transitioning suppliers onto lower-carbon sources of energy and supporting them in other decarbonization actions like electrification, the industry can make a significant impact on its overall Scope 3 emissions.
“We are delighted to welcome Google, ASM, and HP to the Catalyze program. Their decision to join supports the ambition to accelerate the decarbonization of supply chains,” said Jean-Pascal Tricoire, Chairman, of Schneider Electric. “Scope 3 emissions have proven a challenge to track and manage, but the Catalyze program enables companies and their suppliers to engage and collaborate in their energy transition and decarbonization.“
The Catalyze program strives to combine energy purchasing power across the semiconductor value chain to accelerate the deployment of renewable energy projects, provide suppliers with the opportunity to participate in the market for utility-scale power purchase agreements, enable any company that supplies to a Catalyze sponsor to join across the IT supply landscape, increase awareness of the availability of renewable energy in specific global regions where the semiconductor value chain is operational, and leverage numerous educational and digital technology platform engagements to drive measurable actions in supply chain decarbonization.
The growing participation in the Catalyze program promises to greatly expand access to renewable energy in the semiconductor space, to reduce the industry’s carbon footprint and overall Scope 3 emissions.
