Best Practices: Net Zero Emissions Digital Strategies

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Executive Summary

This report helps executives looking to succeed on their journeys to decarbonize business operations and achieve net zero. It provides an overview of how best to prepare digital strategies to support the move to net zero, including an analysis of key digital technologies vital to decarbonisation, and how digital strategies should vary to meet unique industry demands. The report also examines how digital strategies can best be aligned with broader ESG trends, such as the rapidly growing regulatory market, and  the in-flux voluntary carbon market. Executives should use this report to inform digital planning and purchasing decisions as they begin their journeys to net zero.

Table of contents

Effective Digital Strategies Will Enable Net Zero Success 
Firms Must Lay The Foundations For Effective Decarbonization
Digital Strategies Need To Evolve To Meet Net Zero Challenges
Firms Must Reconcile Digital Strategies For Net Zero With Overarching Business Priorities

Firms Must Integrate Varied Technologies Into Net Zero Digital Strategies 
Building A Net Zero Digital Strategy Is A Multi-Stage Process
Net Zero Digital Strategies Rely On Strong Enterprise Carbon Management Capabilities

Net Zero Digital Strategies Are Contingent On Industry Materiality 
Firms With Minimal Direct Emissions Should Focus On Becoming Net Zero Leaders
Asset-Intensive Industries Must Mitigate Emissions
Growing Supply Chain Complexity Requires Collaboration
Financial Institutions Must Manage Portfolio Emissions 


Table of figures

Figure 1. The Evolution Of Corporate Decarbonization 
Figure 2. Enterprise Carbon Management Information Architecture 
Figure 3. The Net Zero Maturity Journey 
Figure 4. The Technology Implementation Life Cycle 
Figure 5. Carbon Emissions Data Collection And Management Functionality 
Figure 6. Net Zero Programme And Strategy Management Functionality 
Figure 7. Carbon Financial Management Functionality 
Figure 8. Net Zero Industry Focus: Low Emitting Corporate Verticals 
Figure 9. Net Zero Industry Focus: Asset-Intensive Verticals 
Figure 10. Net Zero Industry Focus: Complex Supply Chain Verticals 
Figure 11. Net Zero Industry Focus: Financial Institutions 

Organisations mentioned

abrdn, Achilles, Albo Climate, Alcumus, AltaGas, Apollo Global Management, Assent, AstraZeneca, Audi, Avetta, Barratt Developments, Benchmark Digital, BlackRock, Blackstone, Building Transparency, C3 AI, Canadian Securities Administrators (CSA), Carbon Disclosure Project (CDP), Carbon Tracker, CDL, Chevron, Climate Action 100+, Climate Market Watch, Cority, Deloitte, Deutsche Bank, EcoVadis, EKI Energy Services, Emitwise, Enablon, ENGIE, Engine No. 1, ENI, EU, European Banking Authority (EBA), ExxonMobil, EY, FigBytes, Financial Conduct Authority (FCA), General Electric, Genesis Energy, GHG Protocol, GHGSat, Global Divestment Commitments Database, Global Reporting Initiative (GRI), Gold Standard, Greenomy, Greenstone, H&M, High-Level Commission on Carbon Pricing and Competitiveness, Honeywell, HSBC, IBM, Iconic Air, Intelex, Intergovernmental Panel on Climate Change (IPCC), IsoMetrix, JBS, Johnson Controls, Jupiter Intelligence, Kellogg Company, KPMG, LafargeHolcim, Microsoft, Nestlé, Net Zero Asset Managers initiative, New Climate Institute, One Concern, OneTRust, Ørsted, Partnership for Carbon Accounting Financials (PCAF), Persefoni, Plan A, Planon, Project Canary, PwC, Quentic, Reporting 21, SAI Global, SAI360, Salesforce, Schneider Electric, Science Based Targets initiative (SBTi), Shell, Shopify, Siemens, SINAI Technologies, SJF Ventures, Sphera, Sustainability Accounting Standards Board (SASB), Sweep, Task Force on Climate-related Financial Disclosures (TCFD), T-Mobile, TPG, UL Solutions, UN, Unilever, US Securities and Exchange Commission (SEC), Vector Group, VelocityEHS, Verra, Vodafone, Watershed, WayCarbon, Workiva

About the authors

Connor Taylor

Industry Analyst
Connor is an Industry Analyst in the ESG & Sustainability practice. His current research agenda focuses on emerging software solutions across financial markets, and broader market trends in the ESG space. Connor joined Verdantix in 2021 and has experience in EHS technology sales and development. He holds a B.A from Cambridge University in Anglo-Saxon, Norse and Celtic.

Kim Knickle

Research Director, ESG & Sustainability

Kim leads the Verdantix ESG & Sustainability practice, addressing business challenges and priorities in ESG and sustainability through technology and services. Her current research agenda focuses on ESG regulatory and market drivers, sustainability reporting, risk management, supply chain sustainability, circular economy, social impact.  Knickle has worked for more than 20 years in the IT industry, providing research and analysis to help companies invest wisely in new technologies. Before joining the analyst industry, she held various roles in IT services, engineering, and product safety testing, beginning her career at Underwriters Laboratories, Inc.  Knickle holds a MBA from Boston University and a BS in electrical engineering from Cornell.

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