To stay on track with Paris Agreement goals
and avoid the most harmful effects of climate change,
global emissions must be cut in half by 2030 and reach net zero by 2050.
This is an enormous challenge and business has a critical role to play.
The good news is that businesses have a variety of solutions
at their disposal to address their carbon footprints, and sustainable
transformation is quickly becoming a competitive advantage.
Unfortunately, most companies don't
even have an accurate view of what their carbon footprint is.
Less than one-third of companies that publicly disclose their emission
to the Carbon Disclosure Project actually measured those emissions completely,
and only 7% of those comprehensively measuring progress against targets
actually reported reductions.
For businesses to succeed here,
they need to measure their emissions, set targets and act.
We need to use all of the tools at our disposal
to accelerate the transition to a net-zero economy.
New ways of collaboration, new products and services, and new digital solutions.
BCG's patented solution CO2 AI
is one of these tools that enables action now
and long-term sustainability journeys.
It helps corporations from all industries solve two key challenges.
Transparency on where emissions come from
and finding solutions to reduce them at scale.
CO2 AI enables
exhaustive, accurate and frequent quantification of GHG emissions
along a company's full value chain, providing understanding
and actionable recommendations to reduce their environmental footprint.
To illustrate CO2 AI,
led a major spirits company to uncover that their existing carbon baseline,
which did not account for differences in emission factors by categories,
brands and geographies, understated their actual emissions
by 30 to 50% on key buckets.
What are you waiting for?
Accelerate your net-zero journey with CO2 AI.