Sustainability targets in businesses are increasing to mitigate the risk of stringent regulations, taxation, and, more importantly, to meet customer demand for more environmentally friendly products. To achieve these goals, businesses adopt decarbonization strategies and invest in low-carbon technologies and services at different stages of the supply chain. Regional governments are joining these efforts by implementing stricter measures to limit carbon emissions. Some countries adopt carbon tax policies encouraging companies to restrict fossil fuel consumption. The rising interest in sustainability drives investments in the innovation and development of low-carbon energies. This study covers the major decarbonization trends and strategies companies adopt across various sectors. It provides a detailed analysis of the decarbonization process and best practices within carbon-intensive industries to lower emissions and meet sustainability targets in the next 10 years. There has been a twofold increase in pledges for decarbonization targets by publicly-listed companies globally in the past 5 years, reaching a peak of 939 by 2020—a 59% increase from 2019. Nearly 80% of global companies declared their decarbonization target in 2021, up from 70% in 2020. Governments also offer federal funding for developing industrial decarbonization technologies like green hydrogen, carbon capture, utilization and storage (CCUS), systemic efficiency, and direct electrification of industrial heat by 2030. Sustainable investment is forecast to account for more than 39% of total assets under management (AUM) in 2023. Advances in digital tools allow companies to better identify and manage their carbon emissions throughout the value chain. This presents a massive opportunity for technology players to partner and develop solutions for accelerating the decarbonization process across all sectors. The study highlights the critical strategies, policies, and regulations introduced in various regions and sectors to reach the sustainability goal. It covers the current and future sustainable investment and funding scenario across industries. It also shows how companies are aligning themselves to the sustainability drive.
Key Issues Addressed:
- What are the major trends and strategies industries adopt to drive decarbonization?
- What role does the government play in supporting decarbonization?
- Which major industries will lead in decarbonization efforts, and how will this transition occur
- What are the critical success factors for companies seeking to pursue decarbonization?
Author: Malabika Mandal Ray
Why is Growth Becoming Increasingly Difficult to Achieve?
The Strategic Imperative 8™
Our Mega Trend Universe—Overview
Growth Opportunities Fuel the Growth Pipeline Engine™
The Mega Trend Universe—Global Decarbonization Strategies
Findings
Growth Opportunities Critical to Future Success
Trend Opportunity Overview—Global Decarbonization Strategies
Strategy 1: Increased Focus on Industrial Decarbonization
Strategy 2: Shift Toward Renewable Energy Sources
Strategy 3: Adoption of Digital Technologies
Strategy 4: Growth of Sustainable Investments
Trend Opportunity Overview—Carbon Emission Categories
Global Vision for Industrial Decarbonization
Industry Assessment Analysis—Measuring CO2 Emissions and Future Demand for Fossil Fuels Across Industries
Industry Assessment—Decarbonization in the Energy Industry
Vision 2050 for Decarbonization Within the Global Energy Sector
Current Scenario Evaluation of Decarbonization
Case Study Assessment—Best Practices Benchmarking Companies Strategies for ecarbonization
Industry Assessment—Decarbonization in the Automotive Industry
Vision 2050 for Decarbonization in the Global Automotive Sector
Decarbonization
Case Study Assessment—Best Practices Benchmarking Company Strategies for ecarbonization
Industry Assessment—Decarbonization in Manufacturing (Heavy Industry)
Vision 2050 for Decarbonization in Manufacturing (Heavy Industry)
Current Decarbonization Scenario Evaluation
Case Study Assessment—Best Practices Benchmarking Company Strategies for ecarbonization
Trend Opportunity Impact and Certainty Analysis
Trend Opportunity Impact and Certainty Analysis (continued)
Trend Opportunity Disruption Index
Trend Disruption Attractiveness Score
Trend Opportunity Growth Index
Growth Attractiveness Score
Trends of Business Model, Economic, Environmental, Technological, and Social Implications
Growth Opportunity 1: PaaS for Decarbonization Offering Holistic Carbon-reducing Solutions Through a Single Platform
Growth Opportunity 1: PaaS for Decarbonization Offering Holistic Carbon-reducing Solutions Through a Single Platform (continued)
Growth Opportunity 2: A Collaborative, Low-carbon Community Through a Joint Credit Mechanism
Growth Opportunity 2: A Collaborative, Low-carbon Community Through a Joint Credit Mechanism (continued)
Growth Opportunity 3: Green Funding to Promote Low-carbon And Cleaner Communities
Growth Opportunity 3: Green Funding to Promote Low-carbon and Cleaner Communities (continued)
Critical Success Factors for Growth
Conclusion
Identifying Your Company’s Growth Zone
Your Next Steps
About The Growth Pipeline ModelTM
Our Mega Trend Universe
Our Mega Trend Universe (continued)
List of Exhibits
List of Exhibits (continued)
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Key Issues Addressed:
- What are the major trends and strategies industries adopt to drive decarbonization
- What role does the government play in supporting decarbonization
- Which major industries will lead in decarbonization efforts, and how will this transition occur
- What are the critical success factors for companies seeking to pursue decarbonization
Author: Malabika Mandal Ray
| New Title | Decarbonization Market – Growth Opportunities, Analysis, Forecast, North America, 2022 |
|---|---|
| New Subtitle | Industrial Decarbonization Technologies And Strategies Accelerating Transition Toward Net Zero,Global Decarbonization,Decarbonization Strategies,Decarbonisation Strategy |
| Deliverable Type | Megatrends |
| Author | Malabika Mandal |
| Industries | Cross Industries |
| No Index | No |
| Is Prebook | No |
| Keyword 1 | Global Decarbonization |
| Keyword 2 | Decarbonization Strategies |
| Keyword 3 | decarbonisation strategy |
| Podcast | No |
| WIP Number | PD88-01-00-00-00 |
Growth Opportunities Driven by Global Decarbonization Strategies
Industrial Decarbonization Technologies And Strategies Accelerating Transition Toward Net Zero,Global Decarbonization,Decarbonization Strategies,Decarbonisation Strategy
15-Dec-2022
North America
Megatrends