Oliver Wyman
Decarbonisation Strategies for Hard-to-Abate Industries
Pages
53
Time to read
65 mins
Publication
Language
English
Pages
53
Time to read
65 mins
Publication
Language
English
This guide focuses on the decarbonisation efforts for the hard-to-abate industries of steel, aluminium, and mining, as part of the Sustainable Markets Initiative's Energy Transition Task Force. The Decarbonising Industry Working Group, consisting of 11 member companies, aims to identify, develop, and implement emissions abatement solutions within these sectors. The document outlines the challenges these industries face in reducing carbon emissions, which collectively account for approximately 12% of global carbon dioxide emissions. It emphasizes the importance of collaboration among various stakeholders, including industry leaders, technology developers, and policymakers, to accelerate the transition to net zero. The guide also discusses the need for innovative technologies, regulatory frameworks, and financial support to facilitate the adoption of low-carbon practices. By providing a roadmap for companies, the guide seeks to encourage strategic breakthroughs and foster partnerships that can lead to significant emissions reductions and sustainable practices across these critical industries.