Energize aims to accelerate renewable energy adoption and enable bold climate action within the pharmaceutical value chain. This first-of-its-kind industry program will enable pharmaceutical suppliers to learn more about renewable energy adoption and contracting. This gives suppliers – who may not otherwise have the internal resources or expertise available – the opportunity to participate in the market for power purchase agreements (PPAs).
Ten pharmaceutical companies have committed to engaging their suppliers to support the adoption of renewable energy and reduce greenhouse gas emissions within their supply chains.
How it works:
Step 1: Register
First, indicate your interest in the program by clicking the Register tab on this website. Registering at this stage only indicates that your organization is interested in learning more; there is no obligation or cost to participate.
Step 2: Connect
Shortly after registration, you will be contacted by a member of the Schneider Electric Energize team. After the Schneider Electric team verifies your status as a supplier with the participating pharmaceutical companies, you will receive an invitation to a short onboarding call. During the call, a member of the Schneider Electric team will learn more about your organization’s energy profile and objectives. This information will be kept confidential.
Step 3: Learn
You will then be provided access to the Energize Knowledgebase. This portal contains materials designed to help you and your organization learn more about your renewable energy options and to answer questions such as: What are the fundamentals of renewable energy procurement? How can suppliers unify to secure competitive energy prices while demonstrating climate leadership? In addition to online educational resources, the Schneider Electric team will deliver a series of curated educational webinars covering key internal considerations and market factors relevant to renewable energy adoption.
Step 4: Act
Once you complete the renewable energy curriculum, your company and the Schneider Electric team will determine whether continued participation in an aggregated procurement program is right for you. If it is, you will advance to the next level of the program: exploration of a power purchase agreement (PPA) individually or alongside other participating suppliers via a buyer’s cohort.