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Capgemini: Firms Eye Climate Tech To Achieve Net Zero Goals

Sheryl_Wharff Posts: 233 QUANTEXA TEAM

Many of the technologies able to address climate change are already available and will play a critical role in helping businesses reduce greenhouse gas emissions. That is according to the Capgemini Research Institute’s latest report “Climate Tech: Harnessing the power of technology for a sustainable future”, which found that three quarters of organizations say they will not achieve their sustainability goals without climate tech. However, close to eight in ten (77%) executives suggest that product costs are likely to increase due to the green premium attached to these technologies and they are unwilling to pay this markup.

Expectations are high for climate technology to contribute to decarbonization

Growth in key climate technologies, including renewable power and electric vehicles (EVs), has helped accelerate decarbonization efforts around the world.

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