Getting To Net-Zero

To reach the Paris climate targets, global emission levels will need to be cut in half by 2030, reach net-zero by 2050 and stay net negative throughout the second half of the century. Yet, a just released BCG survey of 1,300 companies around the globe found that only 11% reduced their emissions in line with their stated ambitions over the past five years. "Measurement is a key roadblock with 91% of companies failing to measure the full scope of their emissions," Sylvain Duranton, the global leader of BCG GAMMA, a division dedicated to AI, data science and advanced analytics applied to business, said during an October 13 press conference. In a new study BCG maintains that artificial intelligence can help companies not only more accurately measure but also reduce carbon emissions. But using technology to measure carbon footprints and develop mitigation strategies is not enough.