Providing education and action pathways for suppliers across the aerospace and defense industry
The RENEWAY program provides suppliers across the aerospace and defense industry a runway to take action and reduce carbon emissions by accelerating the adoption of renewable electricity.
Founding corporate sponsor Lockheed Martin has partnered with Schneider Electric on RENEWAY to support suppliers with resources to adopt renewable electricity and reduce emissions. The program, managed by Schneider Electric, provides education and expert consultation for suppliers at any stage of their decarbonization journey to navigate the diverse array of options within the renewable energy market and create a procurement strategy.
Click the boxes below to learn more about how the program works along with the benefits of becoming a sponsor and enabling your suppliers to join.
Dedicated Program for Suppliers
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Access to Education and Subject Matter Experts
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Opportunities to Explore Renewable Electricity
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Why sponsor RENEWAY?
Suppliers face a number of challenges while reducing their emissions, including limited time and resources, restricted procurement options, and a lack of support throughout the tendering process.
- RENEWAY creates a harmonized approach and centralized access to information and resources for suppliers across the aerospace and defense industry
- Participation in RENEWAY is free for suppliers through corporate sponsorship of the program
- Access to education and subject matter experts removes barriers to entry into the renewable market for those companies that may not have the expertise in-house
Addressing Industry Challenges
RENEWAY provides support for suppliers whether they are just getting started with decarbonization or have near term emissions reduction goals. Live and on-demand education is designed to increase participants' understaning of renewable electricity options and key consideration when evaluating procurement decisions.
Access to Renewable Electricity
Aerospace and defense suppliers that join RENEWAY have the opportunity to explore multiple renewable electricity options. Suppliers also have the unique opportunity to combine electricity purchasing power and go to market as a group. Scroll down the page for a few more details about buyer aggregation.
As suppliers take action and reduce Scope 2 emissions, sponsor companies reduce Scope 3 emissions.
RENEWAY is open for suppliers to join
RENEWAY is a free program open to any company that supplies to corporate sponsor Lockheed Martin. Suppliers can register for the RENEWAY program hosted on Zeigo Hub to learn more and start accessing the program benefits.
Give Your Suppliers the Tools They Need
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Buyer Aggregation: A new pathway to purchasing renewable electricity
Buyer aggregation creates the unique opportunity for suppliers within the RENEWAY program to combine electricity consumption and form buyers' cohorts. Combining demand creates access to renewable electricity for many suppliers that would not have enough volume to meet the scale needed to purchase on their own. Suppliers that participate in cohorts can make impactful scope 2 emission reductions for 10-15 years.
Content expanded to include VPPA, EAC, Onsite and regional renewable electricity options.
