Schneider Electric launched Materialize, a supply chain decarbonization program designed to support companies in the metals and minerals sector reduce carbon emissions across their global supplier base. As the world transitions to net-zero emissions and scales up clean energy technologies, demand for minerals and minerals will grow exponentially. To meet this demand without furthering carbon emissions, it is vital that companies collaborate to decarbonize power supply, mitigate the environmental impact of the energy-intensive processes related to these critical resources, and reduce the sector's Scope 3 emissions.

Materialize is a continuation of Schneider Electric's suite of supply chain decarbonization programs from its Sustainability Business consulting division, which leverage the power of supply chain cohorts for renewable energy procurement at scale. The Materialize program will encourage the wider value chain to transition to renewable energy sources by accelerating the deployment of decarbonization projects and software, improving access for suppliers to renewable energy solutions at scale, such as power purchase agreements (PPAs). Lowering emissions is a challenging task due to the complexity of the value chain, data availability and reliability, and the difficulties in defining the breadth of the sector's Scope 3 emissions; Suppliers lack expertise in decarbonization and face barriers to progress, such as solution costs and availability.

Through Materialize, experts from Schneider Electric's Sustainability Business will simultaneously engage hundreds of industry suppliers through digital technology platforms and guide them on removing such barriers. Materialize also has the potential to offer industries outside of the sector a way to decarbonize their broader supply chain ecosystems. by sourcing materials suppliers who prioritize sustainable and low-carbon production methods.