Giti Tire, a middle-market manufacturer competing on thin margins, cut emissions across its operations and supply chain while improving profitability'achieving 'net zero at net zero cost' by embedding sustainability into its core business model rather than treating it as a compliance exercise. Its results came from four practical moves: tightening energy-intensive processes, turning traceability into market access, designing products that reduce customers' fuel use, and rethinking short-haul logistics with electric autonomy. The company's experience shows that when sustainability is pursued as a source of performance, not a trade-off, even cost-constrained manufacturers can reduce emissions, win customers, and strengthen returns....
How should the energy company allocate capital between proven thermal assets and emerging renewable technologies'...
This article emerged from discussions in the Corporate Growth and International Management Working Group of the Schmalenbach-Gesellschaft, a German association that brings together corporate practitioners and business scholars. Authors Martin Glaum and Ralph Schweens head the working group; Alexander Gerybadze and Thomas Muller-Kirschbaum are members. Whether driven by regulation or by conscience, many large companies have made commitments to reduce their greenhouse gas emissions as part of worldwide efforts to limit global warming. Doing so is particularly challenging for industrial companies that have energy-intensive production processes or sell products that consume a great deal of energy during their use. European Union programs and directives have put the identification, monitoring, and mitigation of carbon emissions unequivocally on the corporate agenda. As compliance with those regulations compels EU-based organizations to tackle the transition away from fossil fuels with greater urgency than many of their peers in North America, advances in practice are emerging....
What's often missing from the conversation about getting to net-zero emissions is a recognition of the difficulty in transforming the complex physical assets underlying our current energy system ' a system that has been optimized over centuries to deliver high performance, that is deeply embedded in the global economy, and that serves billions of people. McKinsey Global Institute Research has identified 25 significant technology and infrastructure challenges that need to be overcome. These relate not only to the development and deployment of low-emissions technologies, but also to the supply chains and underlying infrastructure that need to be transformed....
