Concrete, steel, aluminum, and chemicals are building blocks of the global economy. But these sectors are also responsible for 30% of global greenhouse gas emissions. In order to drive change in these sectors, BCG has partnered with the World Economic Forum to deliver a series of decarbonization strategies.
Governments and companies must find new ways to collaborate if they are to solve the big multigenerational challenges, such as poverty, inequality, and climate change.
Don’t underestimate the speed of technological change. Act now to use both new and existing technologies for decarbonization—while driving growth.
Our new model gives businesses the tools and structure they need to become industry leaders in sustainability and value creation.
Achieving ESG goals and building sustainability as a competitive advantage requires integrating technology and data from the beginning.
The industry holds clear advantages for making the businesses it invests in more environmentally and socially sustainable. Interviews with leading players point to five priorities.
The climate transition will yield both winners and losers; to thrive, businesses need a clear equity story and impact thesis as they decarbonize and invest.
Companies are accelerating efforts to ensure their products do not contribute to global forest loss. But individual company action, while necessary, is not enough.
Climate change poses a significant threat to the continent. But as global decarbonization efforts intensify, Africa could emerge as a green powerhouse.
Understanding the challenges can help other players in the circular economy.
The yearly global margin pool could surpass $100 billion in the coming decade—if market players secure more feedstock supplies, improve process economics, and address pricing issues.
Few retailers excel at being green, but the need for improvement is acute. Where is your company on the maturity curve?
Climate action has a gender-neutral lens, but this lack of intentionality allows underlying biases to sneak in and negatively impact women. BCG managing director and partner Zineb Sqalli offers solutions for advancing both sustainability and gender equality.
When it comes to sustainability, senior leaders are shifting from ambition to execution—and that’s the hard part. Companies know they need to decarbonize and improve sustainability across their value chains, but often they struggle to translate that ambition into results.
Companies are making bold commitments to improve ESG performance. But to successfully deliver on their goals, they must steer clear of these common challenges.
