The Case for a People-first Approach to the Just Energy Transition

As the world grapples with the urgent need to address climate change, the energy sector stands at a critical crossroads. The transition to sustainable energy isn’t just an environmental imperative—it’s a transformative shift that will reshape our workforce and society. But how can we ensure this transition is both effective and equitable? Let’s explore a vision of a truly just energy transition.

Heat-as-a-Service in action: Insights from early renewable heat projects 

Decarbonizing heat generation and use in industries represents a major challenge in the energy transition. Heat accounts for most of Scope 1 and Scope 2 emissions for industrial businesses in sectors such as food and beverage, paper and pulp, fast-moving consumer goods, and chemicals. In 2021, the way we generated and used heat was responsible […]

32 Businesses Meet to Accelerate India’s Industrial Transition and Transport Decarbonization

Mumbai, India, 24 June 2024: The CEOs and C-level executives of 32 forward-thinking companies convened during the inaugural World Business Council for Sustainable Development (WBCSD) India Connect event in Mumbai and agreed to collectively address industrial greenhouse gases emissions and accelerate market readiness of hydrogen development and road freight decarbonization. As part of WBCSD’s Industrial […]

Quantifying Climate-related Financial Impacts in the Oil and Gas Sector

Estimates put the global market capitalization of the oil and gas sector at USD $6.5 trillion, which is equivalent to the combined gross domestic product of the United Kingdom and France in 2022. As the oil and gas industry transitions, this value might change and greater transparency on how this might occur is crucial to […]

Companies highlight integrated approaches as the new frontier for industrial decarbonization

Dubai, 29 November 2023 – In a new business brief published today by the World Business Council for Sustainable Development (WBCSD) Switch project, companies ABB, Accenture, Eaton and Schneider Electric, together with the BASE Foundation, Climate Group, Global Sustainable Electricity Partnership (GSEP) and Integrate to Zero explain how integrating decarbonization solutions presents a fast lane to net zero operations. […]

Accelerating to net-zero emissions: How integrated solutions can unlock corporate decarbonization

The time is ripe for businesses to make the leap to low-carbon operations. With supportive public policies and advancements in clean technology, a monumental shift is underway. Yet, to stay below the critical 1.5°C warming threshold, global cleantech investments must triple by the decade’s end. Business leaders face dilemmas between cost implications, technical feasibility, ROI, […]

Policy strategies to grow decarbonized hydrogen demand: Sector-specific recommendations

Decarbonized hydrogen is gaining momentum as one of the few available solutions to a complex challenge in the energy transition – the decarbonization of hard-to-abate sectors. It is now clear: without the use of this energy carrier, many energy-intensive industries will not achieve net-zero emissions by 2050. And yet, despite this widespread consensus, only 4% of all […]

Navigating the Shifting Energy Landscape: Insights from IEA’s World Energy Outlook 2023 for Business Leaders

The transition to clean energy is happening worldwide and it’s unstoppable. It’s not a question of ‘if’ — it’s just a matter of ‘how soon’, and the sooner the better for all of us. – IEA Executive Director Fatih Birol The International Energy Agency (IEA) has released its highly anticipated “World Energy Outlook 2023” this […]