Journey to decarbonization
Half of Fortune 500 companies have made net zero or carbon reduction commitments. What does that mean and what’s the difference? Net Zero refers to committing to an overall balance between the emissions you produce and those taken out of the atmosphere. Carbon reduction commitments are made to deliver a reduction in emissions below current rates.
Both commitments rely on the premise that the organization is capable of coming to a clear understanding of the sources and intensity of those emissions, and that they can act on it to reduce their share over time.
Where are you in your journey - and how can you step forward?
A growing number of leading companies are taking action to reduce the emissions gap and embracing this as an opportunity to drive innovation, increase competitiveness, and stimulate resilient growth. PwC has defined nine key building blocks for a successful decarbonization transformation. Regardless of the ambition of your organization, all approaches to GHG reduction should begin with the first three building blocks:
Our teams work with you to understand the impact of climate change and related carbon reduction efforts on your overall strategy so that you can capture opportunity and keep ahead of vulnerability. It’s how you’ll run a stronger business while creating a better world.