Materials are the next frontier of decarbonization
For commodity customers, now is the time to find alternatives to achieve net-zero emission targets
Producers of steel, aluminum, cement, kerosene, polypropylene, and other bulk commodities need to decarbonize to meet net-zero emission goals. Until recently, however, it wasn’t clear if decarbonization investments would yield a competitive return on capital. At the same time, downstream industries rely on these materials to meet carbon targets. For example, many automotive suppliers have discovered that most supply chain emissions result from a single raw material. Some suppliers of mechanical components have found that steel accounts for more than 80 percent of embedded emissions. Similarly, suppliers of plastic parts might find that more than 90 percent of upstream emissions result from purchases of plastic granulate. Companies such as these have fewer options for decarbonizing and face far more volatile costs.
The production capacity for low-emissions materials is set to fall short of future demand in the next 30 years. To meet ambitious greenhouse gas reduction targets and stay on course to achieve net-zero emissions, we must decarbonize materials-derived emissions at unprecedented scale and speed, requiring collaboration across the value chain—from production and sourcing to use.
We invite you to register for our webinar, "Materials are the next frontier of decarbonization," on Tuesday, October 11, 2022.
We will hold two sessions to cover various geographies:
Asia–Pacific, and Europe, the Middle East, and Africa (EMEA): 9:00-10:00 a.m. (CET)
Americas: 11:00 a.m.-12:00 p.m. (EST)
The Sustainable Materials Hub at McKinsey empowers clients to solve the materials challenge and achieve carbon-reduction commitments through production and sourcing of low-carbon materials.
Join McKinsey partners Anna Moore and Eric Hannon as they discuss our latest in-depth research as well as potential challenges and opportunities across the value chain.
The event is ideal for anyone who works for materials producers, such as mining, metals, cement, copper, aluminum, paper, and forest products. It would also be great for those working for materials consumers, including construction, automotive, infrastructure, or consumer retail companies as a chief experience officer, head of sustainability, manager of operations, procurement, or in marketing and sales.
Please register for the session most suitable for your geography below:
Asia–Pacific and EMEA session
Tuesday, October 11, 2022 from 9:00-10:00 a.m. (CET)
Register here
Americas session
Tuesday, October 11, 2022 from 11:00 a.m-12:00 p.m. (EST)
Register here