For Global Industry, a Viable Roadmap to Net Zero

For Global Industry, a Viable Roadmap to Net Zero

 

Manufacturers and other asset-heavy firms will play a key role in bringing the world closer to Net Zero. But many at are a loss about how to optimize energy usage across sprawling and often global operations.

“Industry is [a] notoriously ‘hard-to-abate’ sector, involving capital-intensive, long-lived assets and complex, energy-intensive processes,” according to an International Energy Agency report.

Many companies are just beginning their journey toward reducing energy intensity (that is, their energy usage per unit of production). For example, while nearly 85% of manufacturers consider insights from across production sites as critical to realizing net-zero, 42% say lack of data analytics know-how is a barrier to execution.