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The growing urgency around climate change has placed it at the forefront of global issues. To avoid its worst impacts, global greenhouse gas emissions must be halved by 2030 and lowered to net zero by 2050. Against this backdrop, we wanted to explore the role of data in this process in our newest Capgemini Research Institute report, Data for Net Zero: Why data is key to bridging the gap between net zero ambition and action.

ALL FOR ZERO

Harnessing Net Zero Intelligence Together

To explore the role of data in enabling the transition to net zero, we surveyed senior executives from 900 organizations globally that have set net zero targets, covering multiple sectors including automotive, energy and utilities, industrial and process manufacturing, consumer products, retail, telecom, life sciences, and financial services. We also interviewed 20 industry executives and experts.

We found that the net zero ambitions that organizations have set for themselves suffer from various inadequacies. Most, for instance, fail to cover all emissions scopes. Worryingly, the coverage of scope 3 emissions, accounting for a significant 65‒95% of a company’s carbon footprint, is especially low. Additionally, only 43% of organizations have set short-term targets to support their net zero ambitions – a critical omission given that short-term targets are key to maintaining momentum and accountability. And crucially, despite its fundamental role, our research shows that organizations are not adopting a data-driven approach to support their net zero ambitions.

Data is a significant lever in accelerating the journey to net zero, increasing visibility of baseline emissions levels and identifying emissions hotspots, improving existing business processes by streamlining carbon-intensive activities, and predicting and prescribing business outcomes to identify further emissions reduction opportunities. Ultimately, organizations that embed emissions data in decision-making benefit from increased transparency and emissions reduction.

While a great majority – 85% ­– of organizations recognize the business value that emissions measurement and analytics provides, they are poorly equipped to capture and use emissions data. As such, it is imperative that they develop the data management capabilities needed to accelerate their transitions towards net zero. In this report, we cap off our research-driven insights on the topic with five recommendations that organizations can utilize for this purpose.

To read more about the role of data in the transition towards net zero, download the report.

Join our Data Masters Rendezvous LinkedIn Live, Wednesday 12th October, 2pm CET. We will speak with various large corporations’ sustainability experts on their path towards net zero, what they’ve learned along the way, and what changes every organization must act on to make a difference.

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Act on your carbon accounting with Data for Net Zero

Meet our experts

Benjamin Alleau

Group Sustainability Initiative Leader, Capgemini Group
With more than 20 years professional experience in consulting along with strategic account management, Benjamin has always had the passion for using technology to improve core processes and support strategic imperatives such as sustainability goals.

Valérie Perhirin

Managing Director, Data, Analytics & AI, Capgemini Invent
Valerie leads a global team of data scientists and analysts that partner with clients to design end-to-end data strategies. Her continued focus on leveraging the latest in technology and advancements in AI and modern analytics, ensures clients achive real business value at scale from data.

Vincent de Montalivet

Data for Net Zero Leader
Empowering sustainability with Data & AI innovation and culture change is a way to bring value generating transformation pathway for business, planet and society

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