Achieving Net Zero Through Disruptive Innovation

net zero business challenges

Net Zero strives to negate greenhouse gases produced by human activity. This can be achieved by reducing emissions or stabilizing atmospheric carbon dioxide.

The United Nations established a framework in 1992 to move the planet towards carbon neutrality. By 2015, the Paris Climate Agreement laid out specific goals for participating countries. This includes reaching net zero compliance by 2050.

The Ball is Already Rolling

Momentum is building quickly, because the effects of climate change are readily apparent. Extreme weather events, higher sea levels, and damage to habitats all threaten humankind. Consequently, business can expect significant reactions from government sooner, rather than later.

Many of the world’s nations have already set net zero targets. They also require private and public business to report and quantify their greenhouse gas emissions. Consequently, many companies must meet minimum standards for compliance too.

However, it is clear that the pace of change must accelerate if the world is to meet the global net zero goal. According to the International Energy Agency, global carbon dioxide emissions from fuel combustion reached a new record in 2021. The world is moving in the wrong direction and this must change.

Luckily, many companies have voluntarily committed to rigorous, immediate action to halve their carbon emissions by 2030. Others are disclosing their carbon impact now, instead of waiting until it becomes mandatory.

Both measures can boost reputation as customers can “see” a business is fully-committed to achieving their net zero goal. Reducing emissions can also give companies a competitive edge as the consumer chooses greener options. More importantly, attaining net zero is good for us and the planet.

Technology Must Play an Important Role

Clearly, the need to reduce emissions has become a greater imperative than ever. Change must occur quickly, and technological innovation must play a major role if organisations are to meet their climate objectives.

Disruptive technologies offer viable solutions that can ensure business finetunes their energy production, transmission, storage, efficiency, and consumption.

It can also improve building systems, industrial processes, controls, software, and communications. Innovation can also help business predict, estimate, and limit the impact of climate change.

New technologies can speed existing processes, increase clean energy efficiency, and deploy improvements quickly. Disruptive technologies also have the potential to remove, capture, and store carbon dioxide.

Finally, disruptive innovations can improve infrastructure, eliminate waste, and collect valuable data to help business meet their net zero goals. While technology isn’t the only tool business can use, it can certainly provide ROI and speed.

Aligning Net-Zero Goals with Business Strategy

Business may look at net zero compliance as a burden, rather than an opportunity. This is regrettable since reducing a company’s carbon footprint often increases profitability, when handled well.

Unfortunately, some companies approach net zero ambitions without aligning them with their business strategy and priorities. This wastes resources and offers few or no beneficial results. Others do not understand the financial and operational impacts they will face if they do not address climate change risk now.

Achieving a net zero target starts with robust data, expert advice, and easy access to suitable talent and technologies. Business also needs to plot a roadmap towards emission reduction, compliance, and effectual change.

Plotting a Roadmap to Net-Zero

EarlyBirds can help you reach your net zero goals. Luckily, you needn’t have an enormous budget to tap into expertise and cutting-edge technologies that align with your business strategy.

We offer Subject Matter Experts and an expansive marketplace of new and disruptive technologies. We also offer unique programs for ad hoc or supplementary needs, as well as ongoing transformational support.

These resources can help your organisation create a roadmap to the best possible solutions, without wasting valuable resources. Let us help you achieve your net zero goals easily and quickly.

EarlyBirds Innovation Ecosystem

The EarlyBirds Innovation Ecosystem is a Business-to-Business portal connecting Innovators, Early Adopters, and Subject Matter Experts. Early Adopters are leaders or influencers in an organisation eager to identify new and disruptive technologies. They want to seize opportunities, solve business challenges, or create new products and services.

The Ecosystem has a data pool of over 4 million global innovations that may already address your carbon emission challenges. Alternatively, organisations can list their challenges and request net zero solutions from innovators.

EarlyBirds Explorer Program

The Explorer Program is tailored towards those who need innovation as a service to supplement existing innovation programs, or to conduct innovation projects when required.

EarlyBirds Challenger Program

The Challenger Program focuses on a single organisational or technical challenge. It looks for the most relevant innovators that meet your organisational, technical, and risk requirements.

The program is run by an EarlyBirds Subject Matter Expert who collects organisational requirements. The SME then searches the data pool to identify and curate options for further evaluation. The most suitable option is chosen and the SME drafts a roadmap of next steps, POC, trial, or implementation.

*****

EarlyBirds can provide direction and expertise if your organisation needs to achieve net zero. We can find innovative solutions and connect your organisation to appropriate disruptive technology.

We help organisations find direction and accelerate their innovation, both within their silo and through external collaboration. Our expertise in net zero and cutting-edge carbon emission strategies extends to many sectors including Operations & Maintenance, Energy, Education, the Public Sector, and more.

Register at https://earlybirds.io/, or contact us to discuss your needs.