• Privacy Policy
  • Advertise
  • Contact Us
  • Login
Egy Economy
Advertisement
  • Egy Economy
  • Economy
    • Local
    • International
  • Stock Markets
    • Stock Exchange
    • Cash
  • Prices
  • Real Estate
  • Tech
  • Tourism
  • More
    • Opinions
    • Success Story
    • Variety
  • العربية
No Result
View All Result
  • Egy Economy
  • Economy
    • Local
    • International
  • Stock Markets
    • Stock Exchange
    • Cash
  • Prices
  • Real Estate
  • Tech
  • Tourism
  • More
    • Opinions
    • Success Story
    • Variety
  • العربية
No Result
View All Result
Egy Economy
No Result
View All Result
Home Uncategorized

Schneider Electric Partners with Intel and Applied Materials to Help Decarbonize the Semiconductor Value Chain

مها أبو ودن by مها أبو ودن
2 August، 2023
in Uncategorized
0
Schneider Electric Partners with Intel and Applied Materials to Help Decarbonize the Semiconductor Value Chain
153
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter

Schneider Electric, the leader in the digital transformation of energy management and automation, today launched Catalyze, a new partnership program aimed at accelerating access to renewable energy across the global semiconductor value chain.

Unveiled during SEMICON West 2023, Catalyze is a first-of-its-kind program of collaboration among key semiconductor and technology industry leaders to address the supply chain emissions within their industry. The program joins other Schneider Electric supply chain partnership initiatives that seek to leverage the power of supply chain cohorts, including the Energize program for the pharmaceutical industry, and Walmart’s Gigaton PPA program.
Intel, one of the world’s leading semiconductor design and manufacturing companies, and Applied Materials, Inc., the world’s largest semiconductor and display equipment company are the inaugural corporate sponsors of the Catalyze program. Together with Schneider Electric, the companies will encourage suppliers from throughout the semiconductor industry ecosystem to join the Catalyze program and help accelerate the value chain’s transition to renewable energy and a low-carbon future.

As the global demand for semiconductors in consumer and commercial products increases, the carbon footprint continues to grow, making it imperative for semiconductor industry leaders to collaborate to drive greater use of renewable energy and achieve a more sustainable path to growth. The shared goal of the Catalyze participants will be to encourage the industry’s thousands of suppliers to take bold climate action through decarbonization. This is a challenging task, due to the complexity of the value chain, data availability and reliability, and the difficulties in defining the boundaries of such emissions.

 

Catalyze Program Elements

The Catalyze program strives to:
• Combine energy purchasing power across the semiconductor value chain to accelerate the deployment of renewable energy projects
• Provide suppliers – who may not have the capability on their own – with the opportunity to participate in the market for utility-scale power purchase agreements (PPAs)
• Increase awareness of the availability of renewable energy in specific global regions where the semiconductor value chain is operational, to increase greater adoption
• Continue to assist suppliers who have made commitments to reduce their carbon emissions and/or sign on to this program
• Educate companies in the semiconductor value chain about the importance of developing operational models to use in their supply chain programs – to close net-zero ambition gaps
• Engage thousands of suppliers simultaneously through digital technology platforms, to drive swift and measurable actions in their supply chain decarbonization
• Lead the way for the industry to drive definitive next steps. Sponsoring companies will collaborate on the development of the program – including identifying focus areas and suppliers – as well as encouraging other semiconductor companies to consider the program for their own value chains

“At Schneider Electric, our purpose is to empower companies to make the most of our energy and resources, bringing progress and sustainability together for everyone. Our mission is to be a digital partner for Sustainability and Efficiency, and the Catalyze partnership program is an excellent example of how companies in key global industries can collaborate to accelerate decarbonization,” said Peter Herweck, CEO of Schneider Electric.

“Switching to renewable energy is an important step to reduce greenhouse gas emissions. Intel has achieved 93% renewable electricity in our global operations and remains committed to reaching 100% by 2030,” said Intel’s Keyvan Esfarjani, Chief Global Operations Officer. “Intel is proud to be a founding member of Catalyze to help remove barriers to choosing greener energy. Ultimately, we want our entire value chain to achieve net-zero as we continue to deliver leading technologies that power our digital world.”

“Applied Materials has been working with our suppliers to instill sustainability best practices through our SuCCESS2030 initiative, and we are excited to build on our momentum with the Catalyze program,” said Gary Dickerson, President and CEO, Applied Materials. “Promoting closer collaboration across the value chain is key to accelerating carbon emissions reduction. We look forward to working with our partners to drive higher output of clean energy for the global semiconductor industry.”

The program will initially focus on suppliers with energy load in specific markets in the semiconductor value chain where renewable energy is currently available, with the intention to expand globally where specific interest and renewable energy market opportunities align.
-End-
Related resources:
• Schneider Electric’s Perspectives on sustainability programs and decarbonization solutions
• Schneider Electric has also recently been recognized by Guidehouse Insights as the industry leader in the power purchase agreement (PPA) marketplace, for its work on PPAs and commitment to the industry. Read more here.

About Schneider Electric

Schneider’s purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On.

Our mission is to be your digital partner for Sustainability and Efficiency.

We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries.

We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values

 

Tags: Egy EconomyReduction CarbonSchneider

Related Posts

Amr Abol-Enein Named Among Forbes Middle East’s Top 50 Asset Managers for 2026
Uncategorized

Amr Abol-Enein Named Among Forbes Middle East’s Top 50 Asset Managers for 2026

12 July، 2026
SUD achieves strong success in unit selection event at Capital Heights 1
Uncategorized

SUD achieves strong success in unit selection event at Capital Heights 1

1 July، 2026
Hotel Nolinski reaches the Bay of Saint-Tropez  Its anticipated opening is in April 2027
Uncategorized

Hotel Nolinski reaches the Bay of Saint-Tropez Its anticipated opening is in April 2027

13 May، 2026
October 6 Technological University Honors Egyptian Swiss Group for Supporting Students
Uncategorized

October 6 Technological University Honors Egyptian Swiss Group for Supporting Students

11 May، 2026
Dubai leasing market adjusts as rental listings increase and tenant demand shifts
Uncategorized

Dubai leasing market adjusts as rental listings increase and tenant demand shifts

30 March، 2026
MG Developments Launches VALO Hospitality, Investing EGP 2bn in Hospitality Sector Over Five Years
Uncategorized

MG Developments Launches VALO Hospitality, Investing EGP 2bn in Hospitality Sector Over Five Years

23 February، 2026
ADVERTISEMENT
No Result
View All Result

Recent Posts

  • Nesma Airlines Launches its Largest Umrah Operational Plan and Announces International Expansions from Sphinx Airport
  • Crédit Agricole Egypt Press Release: Standalone Financial Results for the period ended June 30, 2026
  • AQARIFIED EXPO Launches as Egypt’s First Documented Real Estate Exhibition in the Delta
  • Americana Restaurants delivers strong H1 2026 performance with +12.1% Revenue growth and +59.2% Net Income growth
  • Social Brix unveils a new model redefining real estate development, management, and financing 
  • DP World Renews Strategic Partnership with the Arab Media Summit 2026
  • *Launch of “Daymark Hospitality” and Signing of a Strategic Partnership with “Brassbell Hospitality
  • e& Business and Horizon Egypt Partner to Build an Integrated Digital Ecosystem for SA’ADA New Cairo*
  • ALEXBANK Honored as Egypt’s Best Retail Bank 2026 by Euromoney
  • Jamjoom Pharma Announces Strategic Partnership with Idorsia to Advance Insomnia Care for Patients in Saudi Arabia and the Levant
  • HUAWEI FreeBuds Pro 5 Reinvents Noise Cancellation with the World’s First Dual-Engine ANC*
  • Next Home Developments launches a new phase of medical units at Next Plaza Medical Hub
  • Ericsson Egypt hosts the Information Technology Institute to enhance innovation and talent.
  • OPPO Highlights 2025 Sustainability Progress, Reinforcing Its Commitment to Inclusive Innovation and Responsible Growth
  • Portrait Agency enhances its position in integrated marketing sector after the sounding success of “Zaha Residence” launching event
  • JORA Developments commences construction of iXORA Residence, launches third phase
  • Ehab Gamal El-Din: The Green Belt preside real estate investment map in West Cairo in 2026
  • MO Group” Unveils Overseas Expansion Strategy Across Three Continents and Enters New Markets for the First Time
  • Osool Developments launches 40-feddan Sayf resort in North Coast
  • Abdin joins AIG team as Head of the Commercial Sector to lead the organization into a new phase of growth and expansion

      Egy Economy

      © 2023 - إيجى إيكونومى.. بوابة إلكترونية متخصصة فى تغطية أخبار البيزنس والاقتصاد فى مصر والعالم العربى.

      روابط هامة

      • Egy Economy
      • Privacy Policy
      • Advertise
      • Contact Us

      تابعنا

      Welcome Back!

      Login to your account below

      Forgotten Password?

      Retrieve your password

      Please enter your username or email address to reset your password.

      Log In
      No Result
      View All Result
      • Egy Economy
      • Economy
        • Local
        • International
      • Stock Markets
        • Stock Exchange
        • Cash
      • Prices
      • Real Estate
      • Tech
      • Tourism
      • More
        • Opinions
        • Success Story
        • Variety
      • العربية

      © 2023 - إيجى إيكونومى.. بوابة إلكترونية متخصصة فى تغطية أخبار البيزنس والاقتصاد فى مصر والعالم العربى.

      -
      00:00
      00:00

      Queue

      Update Required Flash plugin
      -
      00:00
      00:00