WEBVTT 00:00:03.800 --> 00:00:06.320 To stay on track with Paris Agreement goals 00:00:06.560 --> 00:00:10.160 and avoid the most harmful effects of climate change, 00:00:10.160 --> 00:00:15.440 global emissions must be cut in half by 2030 and reach net zero by 2050. 00:00:16.280 --> 00:00:20.640 This is an enormous challenge and business has a critical role to play. 00:00:21.200 --> 00:00:24.160 The good news is that businesses have a variety of solutions 00:00:24.160 --> 00:00:28.520 at their disposal to address their carbon footprints, and sustainable 00:00:28.520 --> 00:00:31.920 transformation is quickly becoming a competitive advantage. 00:00:32.600 --> 00:00:34.920 Unfortunately, most companies don't 00:00:34.920 --> 00:00:38.120 even have an accurate view of what their carbon footprint is. 00:00:38.720 --> 00:00:42.320 Less than one-third of companies that publicly disclose their emission 00:00:42.560 --> 00:00:47.040 to the Carbon Disclosure Project actually measured those emissions completely, 00:00:47.800 --> 00:00:52.200 and only 7% of those comprehensively measuring progress against targets 00:00:52.560 --> 00:00:54.720 actually reported reductions. 00:00:54.720 --> 00:00:56.880 For businesses to succeed here, 00:00:57.080 --> 00:01:00.680 they need to measure their emissions, set targets and act. 00:01:01.400 --> 00:01:04.360 We need to use all of the tools at our disposal 00:01:04.480 --> 00:01:07.760 to accelerate the transition to a net-zero economy. 00:01:08.320 --> 00:01:13.760 New ways of collaboration, new products and services, and new digital solutions. 00:01:15.440 --> 00:01:18.080 BCG's patented solution CO2 AI 00:01:18.080 --> 00:01:21.360 is one of these tools that enables action now 00:01:21.360 --> 00:01:25.000 and long-term sustainability journeys. 00:01:25.360 --> 00:01:30.640 It helps corporations from all industries solve two key challenges. 00:01:31.160 --> 00:01:33.320 Transparency on where emissions come from 00:01:33.680 --> 00:01:37.280 and finding solutions to reduce them at scale. 00:01:38.240 --> 00:01:40.320 CO2 AI enables 00:01:40.320 --> 00:01:44.960 exhaustive, accurate and frequent quantification of GHG emissions 00:01:45.120 --> 00:01:49.080 along a company's full value chain, providing understanding 00:01:49.080 --> 00:01:53.360 and actionable recommendations to reduce their environmental footprint. 00:01:54.960 --> 00:01:56.880 To illustrate CO2 AI, 00:01:56.880 --> 00:02:01.520 led a major spirits company to uncover that their existing carbon baseline, 00:02:01.840 --> 00:02:06.000 which did not account for differences in emission factors by categories, 00:02:06.000 --> 00:02:09.840 brands and geographies, understated their actual emissions 00:02:10.000 --> 00:02:13.000 by 30 to 50% on key buckets. 00:02:13.640 --> 00:02:15.320 What are you waiting for? 00:02:15.320 --> 00:02:19.400 Accelerate your net-zero journey with CO2 AI.