net zero-carbon
Join hands with our sustainability experts, who bring a wealth of experience and innovative strategies in achieving net zero carbon goals. Together, we can transform your business into a beacon of sustainability and pave the way for a greener future.
oil & gas
Here are some key functions required to lead to net zero carbon emissions in the oil & gas industry that we can help with:
1. Tackling Methane Emissions: Methane is a potent greenhouse gas, and its control is a crucial step towards achieving net zero emissions.
2. Eliminating Non-Emergency Flaring: Flaring, or burning off excess gas, contributes significantly to emissions. Eliminating non-emergency flaring can help reduce these emissions.
3. Electrifying Upstream Facilities with Low-Emissions Electricity: This involves replacing traditional power sources with low-emissions electricity in upstream facilities.
4. Equipping Oil and Gas Processes with Carbon Capture, Utilisation and Storage (CCUS): CCUS technologies can capture emissions produced from the use of fossil fuels in electricity generation and industrial processes, preventing the CO2 from entering the atmosphere.
5. Expanding the Use of Low-Emissions Hydrogen in Refineries: Hydrogen produced through low-emissions electrolysis can replace traditional hydrogen in refineries, reducing their emissions.
6. Securing Supply-Chain Resilience: This involves minimizing supply-chain risks to help oil and gas firms better secure their labor and materials while cutting costs.
7. Managing Supply Chain Needs: This involves proactively managing supply chain needs instead of letting external structural forces dictate imperfect solutions.
8. Category Depth, Vendor Relationship Management, and Spend Visibility: Building a resilient, cost-effective supply chain in the face of significant obstacles requires a commitment to change in these three key areas.
These functions are crucial for the efficient operation of oil and gas operations towards achieving net zero carbon emissions.
power
Here are some key functions required to lead to net zero carbon emissions in the power industry: that we can help with:
1. Decarbonization of the Power Sector: Significant and early decarbonization of the power sector is a critical factor across many of the pathways to a decarbonized economy.
2. Renewable Technologies: Renewable technologies such as solar and wind are already cost competitive with coal and gas across most markets, and decarbonizing electricity is essential to enabling decarbonization in other sectors, such as transportation (electric vehicles) and buildings (electric heating).
3. Zero-by-35 Decarbonization Scenario: This scenario represents a least-cost pathway to decarbonize the power sector while maintaining reliable and resilient electric-grid performance.
4. Transition from Burning Fossil Fuels: A key lever for achieving the decarbonization ambitions is to transition from burning fossil fuels for transportation and heating to using “clean” electricity generated by renewables.
5. Effective Decarbonization Actions: These include shifting the energy mix away from fossil fuels and toward zero-emissions electricity and other low-emissions energy carriers such as hydrogen; adapting industrial and agricultural processes; increasing energy efficiency and managing demand for energy; utilizing the circular economy; consuming fewer emissions-intensive goods; deploying carbon capture, utilization, and storage (CCS) technology; and enhancing sinks of both long-lived and short-lived greenhouse gases.
6. Securing Supply-Chain Resilience: This involves minimizing supply-chain risks to help power firms better secure their labor and materials while cutting costs1.
These functions are crucial for the efficient operation of the power industry towards achieving net zero carbon emissions.
chemicals
Here are some key functions requiredto lead to net zero carbon emissions in the chemicals industry that we can help with:
1. Securing Supply-Chain Resilience: This involves minimizing supply-chain risks to help chemical firms better secure their labor and materials while cutting costs.
2. Managing Supply Chain Needs: This involves proactively managing supply chain needs instead of letting external structural forces dictate imperfect solutions.
3. Category Depth, Vendor Relationship Management, and Spend Visibility: Building a resilient, cost-effective supply chain in the face of significant obstacles requires a commitment to change in these three key areas.
4. International Supply Chain Management: This involves managing the flow of goods, information, and other resources between the point of origin and the point of consumption.
5. Project Management: This involves planning, organizing, and managing resources to bring about the successful completion of specific project goals and objectives.
6. Automatic Material Planning, Labeling, Reordering, Track-and-Trace Systems: These systems in combination with more accurate sales & operations planning improve on-time in-full deliveries at lower working capital costs and with higher customer satisfaction.
7. Controlling, IT Management, Operations and Customer Service: Major functions include controlling, IT management, operations and customer service.
8. Increased Recycling of Plastic, Targeted Use of Fertilizer, and Investment in Green Hydrogen: These could rapidly reduce emissions.
These functions are crucial for the efficient operation of the chemicals industry towards achieving net zero carbon emissions.
bulk industries
Achieving net zero carbon in the bulk industries involves a multi-faceted approach. Here are some key functions that can lead to this achievement that we can help with:
1. Setting Ambitious Decarbonization Targets: Companies need to set science-based targets, including five to 10-year targets for deep, rapid emission cuts across their value chains.
2. Energy Efficiency and Demand Management: Increasing energy efficiency and managing demand for energy are crucial steps towards decarbonization.
3. Shifting Energy Mix: Shifting the energy mix away from fossil fuels and toward zero-emissions electricity and other low-emissions energy carriers such as hydrogen is a key function.
4. Adapting Industrial and Agricultural Processes: This involves making changes to existing processes to reduce carbon emissions.
5. Utilizing the Circular Economy: The circular economy promotes the reduction of waste through the continual use of resources, which can help in achieving net zero carbon.
6. Consuming Fewer Emissions-Intensive Goods: This involves choosing goods that have a lower carbon footprint.
7. Deploying Carbon Capture, Utilization, and Storage (CCUS) Technology: CCUS technology can capture carbon dioxide emissions from sources like power plants and industrial processes, preventing them from entering the atmosphere.
8. Enhancing Sinks of Greenhouse Gases: This involves increasing the capacity of natural or artificial reservoirs to absorb greenhouse gases from the atmosphere.
9. High-Quality Offsets: Companies should invest in high-quality offsets, such as investments in reducing deforestation or restoring wetlands, in addition to their science-aligned emission reduction efforts.
10. Transparency and Accountability: Companies should define targets, set strategy, implement actions, and publish and track progress towards achieving net zero carbon.