Decarbonization continues to be an important priority for businesses, investors, governments, and society at large. Increasingly, institutions are acknowledging that pathways to decarbonization—especially in hard-to-abate sectors such as steel, cement, chemicals, aviation, shipping, heavy duty road freight—require “clean molecules” as well as “clean electrons” to help reach their net-zero goals. While decarbonizing these sectors will be pivotal to reaching Paris Agreement targets, implementation is likely complex.
To decarbonize, a multitude of solutions is required, which often involves adoptions of new business models, technology advancements, new policies and incentives, ecosystem collaboration, and creation of new value chains. Consequently, no single solution fits all, and success largely depends on specificity—devising bespoke solutions down to the individual asset level while taking location, policy, and market conditions into account. Success also depends on bankability—creating mutually beneficial, economic solutions that are good for the planet and good for the bottom line.
Deloitte is on a mission to help companies meet their net-zero goals and has low-carbon solutions that provide the end-to-end capabilities across the “clean molecules” space to help make change happen on the ground.
At Deloitte, we understand that accelerating the path to net-zero requires a multitude of low-carbon solutions and a wide range of multidisciplinary capabilities to help create and implement them. With our global reach and local and regional insights, we are adept at helping organizations assess what solutions they need, by when, and for what specific assets—all while assisting them in building new ecosystems and aligning incentives to make those solutions economic. Together we combine strategy, technology, innovation, and collaboration into a new way of working that expedites the transition to a sustainable, low-carbon economy.
Practitioners at Deloitte firms work with institutions and companies across value chains, providing “advise, implement, innovate, and connect” capabilities across “clean molecules” and related vectors including hydrogen, biofuels, and carbon capture utilization and storage.
Low-carbon solutions are part of the Deloitte Sustainability business. All services are provided by practitioners at Deloitte firms.