Introduction
The last couple of years have been pivotal for many reasons.
But one of the most important and positive legacies of this tumultuous period will be the wave of momentum that has built with businesses making clear commitments to reducing their carbon emissions.
Responding to a groundswell of pressure from investors, customers and employees, organizations from banks to manufacturers have put a flag in the ground and announced strategies to achieve carbon neutral or zero carbon status over the course of the next couple of decades.
One of the most interesting aspects of these plans has been the prominent role that business leaders believe that technology will play in helping them deliver on their targets. From understanding current emissions levels to building new services that help the business transition to less energy-intensive activities, there is a clear point of crossover between digital transformation and decarbonization initiatives.
But how far down the road are European organizations in realizing their decarbonization ambitions and how far do they still have to travel? This study – based on briefings with senior executives at 200 large European businesses across a mix of industry sectors - aims to cut through the hype to build a clear picture of where they stand today and how they plan to move forward in the coming years.
How do organizations measure and track emissions levels today, and how will they respond to the need to extend coverage beyond the walls of their own business and across their wider supply chain? In which areas are they investing today to drive short-term gains and what areas of technology do they think will prove the most important to accelerating their journey?
This report looks at what businesses can learn from the current positioning and strategies of their peers and explores the building blocks that companies are putting in place today to deliver on their decarbonization ambitions.
