Nordic Net-Zero | The green business opportunity | BCG

Future Economic Growth Demands that Leaders Embark on the Journey to Nordic Net Zero

The business case is clear: with the potential to create over 350,000 jobs, Nordic net zero is the largest opportunity individual businesses and the economy have seen for decades. It will require the Nordics to decarbonize smartly and invest approximately €860 billion, but immediate action puts the economic benefits within reach.

To succeed, governments and companies must collaborate closely to find sustainable solutions, and secure the necessary incentives and policies.

Reaching Nordic net zero will unlock a much greater CO2 abatement and enable the Nordics to boost their exports and position themselves as global leaders in sustainability.

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Smart Decarbonization Makes Nordic Net Zero Achievable and Unlocks Growth

The BCG report offers an affordable and achievable pathway to reach Nordic net zero that jointly optimizes for local abatement and global export potential where Nordic companies have a competitive advantage–we call it ‘smart decarbonization’.

Smart Decarbonization enables countries and companies to pursue and prioritize the right opportunities against the time and investment required to implement them; their local abatement potential; and the potential to expand Nordic competitive advantages to drive emissions reductions, and therefore exports, abroad.

Nordic Net Zero Smart Decarbonization - Infographic

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Industry Insights

Decarbonizing Transport & Logistics

Discover how DFDS and Meyer Turku's CEOs turn climate challenges into green business opportunities while tackling decarbonization of transport in the Nordics.

Decarbonizing the Energy Sector

Discover how Statkraft's CEO, Christian Rynning-Tønnesen, tackles green transition solutions and turns climate challenges into opportunities in the Nordics.

Decarbonizing Buildings and Infrastructure

ROCKWOOL's CEO, Jens Birgersson, on decarbonizing buildings and infrastructure in the Nordics and turning climate challenges into opportunities.

An Action Plan for Key Stakeholders to Mine for Green Gold

12 recommendations have been outlined that all stakeholders in the Nordics should consider to get on the path to Nordic net zero and maximize the value-creation opportunities of the transition.

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A Look into the Local Country Pathways to Net Zero

Denmark Net Zero Report - BCG

Denmark's Path to Net Zero

What is the payoff for Denmark to move towards a net zero economy? More than 90.000 new jobs, a 2.6% uplift in GDP, and an even stronger international position than today. BCG’s roadmap to net zero shows that there is a feasible and affordable path to achieve its climate targets.

Finland Net Zero Report - BCG

Finland's Path to Net Zero

The business case for blasting ahead with the green transition in Finland is strong: 82.000 new jobs, a 5% uplift in GDP, and an even stronger position in the international climate debate. BCG’s roadmap to net zero shows that there is a feasible and affordable path to achieve its climate targets.

Norway Net Zero Report - BCG

Norway's Path to Net Zero

Becoming a net zero economy in 2050 is a win-win situation for the climate and Norway, where the green transition is set to generate 82.000 new jobs and a 1.9% uplift in GDP. BCG’s roadmap to net zero shows that there is a feasible and affordable path to achieve its climate targets.

Sweden Net Zero Report - BCG

Sweden’s Path to Net Zero

In Sweden, the green transition is set to generate more than 100.000 new jobs, a 2 % uplift in GDP, and an even stronger international position than today. BCG’s roadmap to net zero shows that there is a feasible and affordable path to achieve its climate targets.

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Featured Content

Climate Change and Sustainability

The time for global climate action is now. BCG helps clients accelerate their climate and sustainability journey and seize new opportunities to build competitive advantage.

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Finland’s Moonshots for Green Growth | Hero

Report

Finland’s Moonshots for Green Growth

Through five Moonshots, Finland can simultaneously drive growth and thereby well-being, reach its own ambitious climate targets, and become greater than its size in solving the climate crisis.

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BCG in the Nordics - Hero

BCG in the Nordics

Learn about BCG’s local business consulting services, read thought leadership articles across industries, and connect with our leadership team in the Nordics.

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BCG-WEF Project: The Net-Zero Challenge

BCG-WEF Project: CEO Climate Leaders

The race to net-zero emissions will forever change the way many companies do business. The immediacy, pace, and extent of change are still widely underestimated. Early movers can seize significant advantage.

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BCG-WEF Project: Mission Possible | Rectangle

BCG-WEF Project: Mission Possible Partnership

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.

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Nordic Net Zero: The Green Business Opportunity

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