Semiconductor Industry Giants Join Forces to Accelerate Renewable Energy Adoption
Published: 12.10.2023
Schneider Electric, a leader in digital transformation of energy management and automation, today announced a major step forward in its Catalyze program, welcoming Google, ASM, and HP as new global sponsors.
Catalyze brings together players from throughout the semiconductor ecosystem to collaborate and transition their operations towards renewable energy sources. This initiative is crucial, as the semiconductor industry is a significant energy consumer, responsible for approximately 10% of global electricity use.
The Catalyze program offers a range of benefits to its members, including access to technical expertise, financial resources, and networking opportunities to participate in joint projects and initiatives aimed at advancing the use of renewable energy in the semiconductor industry.
The urgency of transitioning to sustainable energy within the semiconductor value chain cannot be understated, as a recent study by the SEMI Semiconductor Climate Consortium revealed that the industry's carbon footprint reached 500Mt CO2 in 2021, with a staggering 16% solely attributed to the supply chain. By facilitating suppliers' transition to renewable energy sources and supporting their broader decarbonization initiatives, like electrification, the industry can significantly reduce its overall Scope 3 emissions.
The addition of Google, ASM, and HP to the Catalyze program is a significant boost to the initiative. These companies are all leaders in their respective fields and their participation will help to drive the adoption of renewable energy in the semiconductor industry.