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Schneider Electric<\/a> has partnered with Glencore<\/a>, one of the world\u2019s largest globally diversified natural resource companies, to transform its copper supply chain and enhance decarbonization efforts.<\/p>\n\n\n\n S&P Global estimates that demand for copper will double by 2035, driven by electrification and the clean energy transition. Balancing this demand with the transition to more sustainable practices is one of the mining industry’s biggest challenges, with the sector responsible for as much as 7% of global CO2 emissions and scope 3 emissions accounting for 75% to 95% of its overall carbon emissions.<\/p>\n\n\n\n Schneider Electric is currently shifting its supply chain by directly acquiring raw materials from Glencore and distributing it through its network of sub-suppliers to its European factories, prioritizing the use of responsibly sourced materials with high recyclable content.<\/p>\n\n\n\n The industrial technology company assists Glencore in advancing its global operations by deploying a mix of automation, digitalization and electrification technologies, as well as providing consultancy support around sustainable procurement. Specifically:<\/p>\n\n\n\n \u201cThe relationship between Schneider Electric and Glencore is built on the joint aim of decarbonizing copper production and building resilience in its supply,\u201d said Rob Moffitt, president of Mining, Minerals & Metals at Schneider Electric. \u201cIn the past, lowering emissions has been a challenge due to the complexity of supply chains, however, by leveraging digitization we are able to close the material loop and boost our circularity. This, together with integration of power and process all along the asset life cycle, is a critical component in our race towards net zero. This collaboration with Glencore reaffirms our commitment to helping companies reduce their scope 1,2, and 3 emissions following the launch of our supply chain decarbonization program, Materialize, earlier this year.\u201d<\/p>\n\n\n\n Schneider Electric is an existing partner in the recycling of Lithium-Ion Batteries working with Glencore and their portfolio company Li-Cycle, a major North American and European battery recycler. Additionally, Schneider Electric is also working towards a copper and electronic waste take-back program. Under this initiative, once the material is utilized, the remnants will be returned to Glencore for recycling.<\/p>\n\n\n\n \u201cWe are delighted to work with Schneider Electric in a comprehensive 360-degree collaboration. We are looking to utilize their tools and solutions to digitize and decarbonize our raw material supply chains and operations,\u201d said Jyothish George, head of copper & cobalt marketing, Glencore. \u201cAt the same time, Schneider Electric is exploring increased use of recycled content in their products, as well as exploring closed loop solutions that enhance the circularity of their products and supply chains. This collaboration will enable both companies to establish circular supply chains, lowering their respective carbon footprints.”<\/p>\n","protected":false},"excerpt":{"rendered":" Schneider Electric has partnered with Glencore, one of the world\u2019s largest globally diversified natural resource companies, to transform its copper supply chain and enhance decarbonization efforts. S&P Global estimates that demand for copper will double by 2035, driven by electrification and the clean energy transition. Balancing this demand with the transition to more sustainable practices is one of the mining…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_themeisle_gutenberg_block_has_review":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[495],"tags":[1489,3236,1254,2695],"coauthors":[1644],"class_list":["post-8426","post","type-post","status-publish","format-standard","hentry","category-latest-news","tag-co2-emissions","tag-copper-supply-chain","tag-glencore","tag-schneider-electric"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n