No Match Found
Many companies, however, are unsure about the correct net-zero transition pathways for their operating sectors. Some of their key questions include:
To address this uncertainty, PwC has developed a Pathways to Paris transformation tool for ten industry sectors within the German economy. The tool is web-based and free of charge.
The tool helps you understand your company’s decarbonisation options and implement associated measures in a cost-efficient manner. Financial sector specialists as well as industry experts can also use the tool to analyse decarbonisation transformation pathways and requirements together with their financial implications.
The sectors covered are:
The Pathways to Paris transformation tool is the result of collaboration between climate and industry experts from PwC Germany and the World Wide Fund for Nature. It draws on the ‘Towards a Climate-Neutral Germany by 2045’ scenario, which was published in 2021 by a leading research institution in Germany as a reference for sector-specific net-zero transformation pathways that align with the targets of the Paris Agreement.
The requirements and assumptions that went into the tool were validated in a series of 30 workshops with more than 80 participants from business, the financial services sector and academia.
‘The tool helps you understand your company’s decarbonisation options and implement associated measures in a cost-efficient manner.’
The tool takes a three-step approach to offer actionable analysis.
Ultimately, companies need to confidently identify a reduction pathway that is compatible with the Paris Agreement and then develop cost-efficient measures for pursuing it. At the same time, international investors need reliable methods for assessing companies based on their transformation performance.
We believe the Pathways to Paris tool will prove a great help in achieving these aims.
Continue exploring all our content related to fueling a greener future.
Senior Manager, Sustainability Services, PwC Germany
+49 30 2636-5409