SEOUL-- September 23, 2021 -- Schneider Electric, the global leader in the digital transformation of energy management and automation that was recognized last February as the world’s most sustainable corporation in 2021 by the Corporate Knights Global 100 Index, and Alfa Laval, a leading global supplier of products and solutions for heat transfer, separation, and fluid handling, today announced that the companies have extended their partnership agreement to digitize and analyze data to improve Alfa Laval’s operational efficiency.

The two companies will use near real-time energy consumption data across sites, countries, and regions to identify and define energy efficiency projects. The collaboration is part of Alfa Laval’s efforts to become carbon neutral across the entire value chain by 2030.

“Accomplishing our carbon neutrality target will require efforts in our entire supply chain and enhanced collaboration with our customers, suppliers, and the societies in which we operate,” said Mikael Tydén, Executive Vice President, Head of Operations, Alfa Laval. “We have joined the Exponential Roadmap Initiative to support the implementation of energy-efficient solutions. Our extended partnership agreement with Schneider Electric is another concrete activity of reaching the 1.5°C scenarios set in the Paris Agreement.”

The partnership began in 2019 and was designed to digitize Alfa Laval’s energy infrastructure. Capturing energy consumption data across the business resulted in identifying energy efficiency projects and initiatives to reduce energy usage and cost across sites, countries, and regions. In this next step, the two companies will develop Alfa Laval’s roadmap towards extended use of renewable energy, switching from natural gas to other green alternatives. Alfa Laval has set a target of becoming carbon neutral by 2030 across the entire value chain, and this collaboration is an important step towards realizing this ambition.

“The time to take climate action seriously is now, particularly in light of the recent Intergovernmental Panel on Climate Change (IPCC) Sixth Assessment Report,” said Philippe Diez, Partner Sustainability Business Division Europe, Schneider Electric. “We are honored to join forces with Alfa Laval as the company moves beyond strategy and planning - and into implementation in pursuit of carbon neutrality across the value chain.”