Schneider Electric gets closer to green goals and €10bn benchmark in Q1

Energy management and datacentre demand drive growth as emissions fall and energy savings rise

Schneider Electric has reported early progress against its new sustainability roadmap, Impact 2030, alongside positive Q1 financial results fuelled by demand across energy management and datacentre markets.

The France-HQ vendor recorded an Impact score of 3.40 out of ten in the first quarter of the new programme, putting it on track towards its 2026 target of 4.20.

The score reflects progress across several initiatives across decarbonisation, circularity and social impact.

The organisation said it has reduced Scope 1 and 2 CO2 emissions by 82.5 per cent compared with its 2017 baseline, while also helping customers save or electrify 47.5 million MWh of energy in Q1 alone.

These efforts translated into around 20 million tonnes of CO2 emissions saved and avoided during the quarter.

The group is also pushing ahead with circular design principles, with 14 per cent of its major offers currently in development meeting its “environmental and circular excellence” criteria.

Across its supply chain, Schneider is expanding its Zero Carbon Pathway initiative, with more than 1,100 suppliers onboarded during the quarter to support decarbonisation efforts.

The firm has also doubled down on social impact, with 2.8 million people gaining access to sustainable electricity through community initiatives in the first quarter, while 113,000 people received training in energy, electrification and automation skills.

“Impact 2030 provides a framework to drive broad, systemic transformation – bringing everyone along,” said Esther Finidori, chief sustainability officer at Schneider Electric.

“We look forward to seeing positive outcomes accelerate quarter after quarter, as our ambition is translated into tangible, consistent and measurable progress.”

Financial performance

Alongside its sustainability progress, Schneider Electric reported Q1 revenues of €9.8bn (£8.45bn), up 11.2 per cent organically.

Momentum was driven by performance in its energy management business, particularly in datacentre and power distribution markets, while software and services also delivered solid gains.

Regionally, North America was the firm’s top performer, soaring 14.4 per cent organically to €3.7bn, followed by Europe, which increased 8.3 per cent to €2.55bn, driven by continued demand across datacentre and infrastructure markets.

“We made a strong start to 2026, delivering double-digit organic sales growth in the first quarter, reflecting the disciplined execution of our teams worldwide, with all regions contributing to growth,” said Olivier Blum, CEO of Schneider.

“Growth was led by our systems business and we delivered a strong improvement in product sales, supported by both higher volumes and a positive contribution from pricing.”

Moving forward, the company now expects momentum to continue, supported by ongoing demand for digitalisation, automation and energy efficiency solutions.