Global energy technology company Schneider Electric and carbon accounting solutions provider Greenly announced a new partnership aimed at expanding Schneider electric’s Decarbonization Champion Program (DCP), its program to help small and medium-sized enterprises (SMEs) in the electrical value chain to measure and reduce emissions and unlock value from sustainability initiatives.

Founded in 2019, Paris-based Greenly provides software aimed at enabling companies to monitor, reduce and report emissions. The company’s solutions enable enterprises to manage decarbonization through granular Scope 3 measurement that extends down to the product level.

The companies said that the partnership comes as businesses across global value chains face growing pressure to provide emissions data and support customers’ sustainability goals, requiring SMEs to measure and reduce their carbon footprints Regulations including the European Union’s Corporate Sustainability Reporting Directive (CSRD) and Australia’s Climate-Related Financial Disclosure regime are also increasing transparency requirements across value chains.

Through the new partnership, Schneider said that it will provide a structured decarbonization roadmap through its global network of partner SMEs, combining Greenly’s carbon accounting platform with Schneider’s SE Advisory Services sustainability consulting support.

Alexis Normand, CEO and co-founder of Greenly, said:

“Many SMEs want to act on carbon reduction but lack accessible tools and guidance. By combining software with hands-on support, we aim to make decarbonization both measurable and actionable across supply chains.”

According to the companies, the program provides participating partners with access to Schneider Electric’s Sustainability and Energy Tech School and Greenly’s platform for measuring, visualizing, tracking and reporting Scope 1 and 2 emissions. It also includes SE Advisory Services support through remote audits, strategy workshops and the development of decarbonization roadmaps, as well as access to selected Schneider Electric technologies and financial incentives.

Schneider Electric estimated that the program represents more than $34,000 in annual value for each channel partner.

Bin Lu, Executive Vice President, Power Products, Schneider Electric, said:

“Together with Greenly, we are helping our partners build the capabilities needed to meet evolving market expectations, improve operational efficiency, and accelerate decarbonization.”