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 an initiative to support its suppliers to learn about and purchase renewable electricity. The program, managed by Schneider Electric, provides critical resources 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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Addressing Industry Challenges
Access to Education
Why sponsor RENEWAY? Together with Schneider Electric, corporate sponsors will encourage suppliers to register and increase awareness of renewable electricity options in specific regions where the aerospace and defense supply chain is operational.
Access to education material is free for the industry supply chain through corporate sponsorship of the program. Live and on-demand education sessions for the program are designed to support suppliers whether they are just getting started with decarbonization or have near term emissions reduction goals.
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.
Empower collective impact
Through digital technology RENEWAY aims to engage thousands of suppliers across the sector, fostering collaboration and partnership among corporate sponsors and their suppliers to empower collective action towards reducing emissions.
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.
