Accenture Supports Transitioning Industrial Clusters Towards Net Zero

Originally published at newsroom.accenture.com. Accenture ranked No. 1 on The Fair360, formerly DiversityInc Top 50 Companies for Diversity list in 2022.

 

Nine leading industrial clusters in China, Indonesia, Japan, Spain and the United States have joined the World Economic Forum initiative, Transitioning Industrial Clusters towards Net Zero, to help industries reduce emissions. The initiative is supported by Accenture and EPRI. The latest members were announced at the World Economic Forum Annual Meeting 2023.

Launched in 2021, the initiative focuses on reducing heavy industry asset emissions in regional industrial zones, while supporting job creation and increasing economic competitiveness. Industrial clusters account for 15%-20% of global CO2 emissions, making them an attractive target for emission reductions. Industries in the same general location benefit not only from sharing risk, infrastructure and natural resources but also from a united approach to tackle decarbonization along with workforce transformation and environmental justice.

The latest members of the initiative are:

  • Andalusian Green Hydrogen Valley, Spain
  • Canary Islands Industrial Cluster, Spain
  • Greater St Louis and Illinois Regional Clean Hydrogen Hub Industrial Cluster, U.S.
  • Indo-Pacific Net-zero Battery-Materials Consortium, Indonesia
  • Jababeka Net-Zero Industrial Cluster, Indonesia
  • Kawasaki Carbon Neutral Industrial Complex, Japan
  • National Capital Hydrogen Center, U.S.
  • Ordos-Envision Net Zero Industrial Park, China
  • Sanjiang New Area Industrial Park, China

“Reaching net zero goals will require doubling the rate of carbon emissions reductions by 2030, and this is a significant challenge,” said Melissa Stark, a managing director and Global Energy Transition Services Lead at Accenture. “The initiative’s collaborative approach to achieve this goal, while enabling job creation, productivity gains and green credentials is critical to future competitiveness. Accenture is committed to bringing its deep industry expertise and ability to rapidly  apply new business models and technologies to this global challenge.”

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