ENGIE Impact, a leader in sustainability transformation solutions, and the World Business Council for Sustainable Development (WBCSD), are partnering to deliver a masterclass series to address the challenges and opportunities associated with reaching Net Zero emissions within the manufacturing sector.
Industrial decarbonization remains one of the biggest global challenges on the journey to Net Zero, with the industrial sector accounting for 34%
of all direct and indirect emissions globally. According to the most recent Intergovernmental Panel on Climate Change IPCC report, following a 1.5°C pathway will require accelerated actions across all economic sectors to reduce global CO2 emissions by 2050, leaving companies with no option but to scale up quickly if they are to meet these targets.
To tackle this challenge, over the next six months ENGIE Impact and WBCSD are bringing together sustainability experts and leaders in the Net Zero Manufacturing Masterclass series to develop a set of principles that manufacturing companies across the world may use to scale up their decarbonization efforts immediately.
“From ensuring raw materials are responsibly sourced, to maintaining reduced levels of energy and water consumption, industrial and manufacturing companies are facing increasing pressure to adapt processes and resources in line with global sustainability goals,” says Nicolas Lefevre-Marton, Managing Director, Sustainability Solutions at ENGIE Impact. “Decarbonization challenges within the industrial sector are unique and require a holistic view across multiple decarbonization levels. In addition, industrial footprints are often distributed across multiple sites and geographies adding further barriers to decarbonization. This masterclass with WBCSD aims to help industrial companies achieve Net Zero and determine the right technical approach to decarbonization while optimizing economic outcomes,” continues Nicolas.
Together with WBCSD’s member companies and ENGIE Impact’s multi-disciplinary sustainability expertise, we explore current challenges on production-related carbon reduction measures, exchange best practices and identify unlocks to scale Net Zero manufacturing.
Alexander Nick, Director Climate Action at WBCSD
The series began with a session focusing on understanding decarbonization levers in the manufacturing sector and how to build a future-proof roadmap across the manufacturing footprint.
Future sessions will include:
Understanding the synergies between decarbonization levers to reduce Scope 1 & 2 emissions
Adopting a renewable energy sourcing strategy to deliver on Scope 2 targets
Planning for emerging technologies in decarbonization strategies: hydrogen, carbon capture utilization and storage (CCUS) and others
Participants of the series will gain a better understanding of how to implement a Net Zero roadmap that generates momentum across sectors to enable their business to move from intention to implementation of their decarbonization strategies.
For more information on the series and how your company can learn more, please contact Alexander Nick alexander.nick@wbcsd.org.
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About ENGIE Impact
ENGIE Impact partners with companies to accelerate decarbonization efforts worldwide. ENGIE Impact’s comprehensive engagement model goes beyond strategy to include data excellence and digital tools, project delivery expertise, and financing support. An authentic long-term partner, ENGIE Impact establishes credible paths to hit difficult carbon-reduction metrics while sharing commitments and accountability across portfolios. With 20 offices worldwide and headquarters in New York City, ENGIE Impact today has a portfolio of over 1,500 clients, including 25% of the Fortune 500 Companies. ENGIE Impact is part of the ENGIE Group, a global leader in the transition toward a carbon-neutral economy through reduced energy consumption and more environmentally friendly solutions.
About the World Business Council for Sustainable Development (WBCSD)
WBCSD is the premier global, CEO-led community of over 200 of the world’s leading sustainable businesses working collectively to accelerate the system transformations needed for a net zero, nature positive, and more equitable future.
We do this by engaging executives and sustainability leaders from business and elsewhere to share practical insights on the obstacles and opportunities we currently face in tackling the integrated climate, nature and inequality sustainability challenge; by co-developing “how-to” CEO-guides from these insights; by providing science-based target guidance including standards and protocols; and by developing tools and platforms to help leading businesses in sustainability drive integrated actions to tackle climate, nature and inequality challenges across sectors and geographical regions.
Our member companies come from all business sectors and all major economies, representing a combined revenue of more than USD $8.5 trillion and 19 million employees. Our global network of almost 70 national business councils gives our members unparalleled reach across the globe. Since 1995, WBCSD has been uniquely positioned to work with member companies along and across value chains to deliver impactful business solutions to the most challenging sustainability issues.
Together, we are the leading voice of business for sustainability, united by our vision of a world in which 9+ billion people are living well, within planetary boundaries, by mid-century.
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