Five Trends From Capgemini's Business To Planet Event

On September 25th, 2024, Capgemini hosted delegates as part of Climate Week 2024 in New York.  Attendees learned how organizations and their leaders have transformed operations, built sustainable supply chains, and applied AI to improve their green strategies.

1. Sustainability by design addresses root causes. Attendees and speakers reiterated how important product and service design plays a role in enabling sustainability.  From low carbon package design to efficient energy consumption, many organizations have achieved quantifiable achievements.
    
2. Circular economy business models show promise.  In many sessions, concrete examples include product use extension, resource recovery, sharing platforms, resource efficient production, and recycling of waste to material.  These circular business models consider circular inputs, value chains, and market places.
    
3. Pragmatic decarbonization lower costs. Investment has increased in increasing energy efficiency, developing lower carbon products, electrifying processes, replacing thermally-driven prices, and collaborating around the supply chains.  Users see a benefit with a comprehensive approach in reducing carbon emissions with consderation of cost, timing, impact, and feasibility.
    
4. Data-driven AI supercharges sustainability.  Today's projects often involve a heavy digital and data component in not only quantifying inputs, but also reducing outputs.  The heavy use of sensors and computing at the edge enables both digital and AI capabilities.  Consequently, this has led to a rise in new  startups putting this data to good use in operational efficiency, regulatory compliance, and revenue growth.
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5. Advances in climate tech create new opportunities to democratize action.  New climate tech startups focus on bringing hard earned advances to the masses.  Some examples include:

• Altana - helping companies see intelligent maps of the global supply chain
• BeZero - carbon credit rating systems
• BioPlaster Research - seaweed based biodgradable packaging
• Form Energy - long duration energy storage
• Harvest Thermal - home heagina nd colling
• InFarm - urban and vertical farming
• OCN.Ai - a movement towards a healthier, more resilient ocean,
• ZeroAvia - hydrogen fueled aviation
   

The Bottom Line: The Pendulum for Climate Solutions Has Shifted

Most attendees at Climate Week and at the Capgemini event shared similar insights on the climate for sustainability policies.  In the US, boards have pushed back on DEI and ESG. The combination of a public wary of greenwashing and a tighter economic environment has led to the deprioritization of green policies. Policies that show a green bottom line such as circular economy, waste reduction, and compliance have had the most success.

Your POV

How far along are you with your sustainabilty projects?  Are you ready to put these into full production?  What risks have you overcome?

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