Net zero technology is revolutionising the industrial sector and stands to make a lasting impact

The industrial sector is a significant contributor to global greenhouse gas emissions, accounting for over 20% of the world’s total emissions. However, with the advent of net zero technology, companies now have the opportunity to reduce their carbon footprint and contribute to a sustainable future.

Net zero technology involves the use of innovative solutions to eliminate or offset carbon emissions, resulting in net-zero carbon emissions. By embracing this technology, businesses can not only benefit the environment but also improve their bottom line through increased efficiency and cost savings.

Irish businesses have a unique opportunity to lead the way in adopting net zero technology and protecting the planet. With a growing awareness of the impact of climate change and increasing pressure from investors, customers, and governments, Irish companies are beginning to take action.

Electrifying heat, reducing emissions through innovative solutions, implementing sustainable supply chains, and reporting transparently on their progress are some of the steps being taken by Irish businesses to achieve net zero. In this article, we explore how net zero technology is revolutionizing the industrial sector and saving the planet.

Adapting for Sustainability

Companies must adapt to the changing landscape of sustainability in the industrial sector to survive and thrive. One of the most effective ways to reduce carbon emissions is by electrifying heat. Fossil fuel-powered boilers are currently the largest source of on-site emissions. However, electric heat pumps offer renewable energy from air, water, or ground sources and produce fewer emissions. Additionally, they are cheaper to run and can provide free hot water. Companies can shift towards electricity and renewable sources, and battery storage can store excess energy.

To further reduce emissions, companies can adopt innovative technologies such as those used by Impossible Foods, which makes burgers from soy, and cryogenics, which collects CO2 and locks it into products like concrete. Rethinking processes and adopting new technologies can increase sustainability.

Building a sustainable supply chain is also critical for reducing carbon emissions. In fact, 75% of a company’s emissions come from their value chain. A real-time view of emissions can identify areas for improvement. Building a resilient, diverse, and sustainable supply chain is essential for long-term success.

Finally, transparency and accountability in reporting carbon footprints and sustainability goals are crucial for companies committed to reducing their carbon footprint. Such transparency and real action can build trust and loyalty among consumers.

Electrifying Heat

The largest source of on-site emissions in the industrial sector comes from fossil fuel-powered boilers, making electrifying heat an effective solution to reduce carbon footprint. Electric heat pumps, which provide renewable energy from air, water, or ground, are a viable alternative to traditional boilers. They are cheaper to run, produce fewer emissions, and can even provide free hot water. Companies can shift towards electricity and renewable sources, reducing their reliance on fossil fuels and contributing to a greener future. Additionally, battery storage can store excess energy, making it available for use when needed.

Electrifying heat is not only an effective way to reduce carbon footprint, but also a necessary step towards a more sustainable future. It is crucial for industries to rethink their processes and adopt new technologies to increase sustainability. Innovative technologies like electric heat pumps and battery storage can pave the way for a greener future, reducing harmful emissions and promoting renewable energy.

It is up to companies to take action and invest in these green initiatives, not only for the benefit of the planet but also for their long-term success.

Innovative Emissions Reduction

Innovative steps towards reducing emissions have been taken by various industries through the adoption of new technologies and the rethinking of processes. For example, Impossible Foods has made burgers from soy, a plant-based alternative to meat that emits fewer greenhouse gases. Another example is the use of cryogenics to collect CO2 and lock it into products like concrete, reducing emissions from the cement industry. These and other innovative approaches show that it is possible to reduce emissions while still meeting the needs of industry and consumers.

To further illustrate the variety of approaches being taken, the following table outlines a few examples of innovative emissions reduction strategies adopted by different industries:

These and other innovative approaches demonstrate that there are many ways to reduce emissions and promote sustainability in different industries. By continuing to explore new technologies and approaches, companies can play a key role in protecting the planet and ensuring a sustainable future for all.

Sustainable Supply Chain

Implementing a sustainable supply chain is a critical step towards reducing carbon emissions and achieving a more environmentally conscious future. As the majority of a company’s emissions stem from their value chain, it is imperative that businesses take a holistic approach to sustainability in their operations.

Here are three key areas companies can focus on to build a resilient, diverse, and sustainable supply chain:

1. Sustainable sourcing: Companies can work with suppliers to ensure that raw materials and other inputs are sourced sustainably, reducing the environmental impact of their supply chain. This includes sourcing from suppliers that prioritize responsible land use, water conservation, and biodiversity protection.
2. Efficient logistics: Streamlining transportation and logistics can significantly reduce a company’s carbon footprint. This can be achieved through optimizing routes, using low-emissions transportation options, and consolidating shipments. Companies can also explore alternative delivery methods such as electric vehicles and last-mile delivery solutions.
3. Circular economy: Adopting a circular economy approach to product design, manufacturing, and disposal can greatly reduce waste and resource depletion. This includes designing products for longevity and recyclability, using recycled materials in production, and implementing closed-loop systems for product disposal.

By implementing these measures, companies can not only reduce their carbon footprint but also create a more sustainable and resilient supply chain for the future.

Building a sustainable supply chain is a critical step towards reducing carbon emissions and achieving a more environmentally conscious future. By focusing on sustainable sourcing, efficient logistics, and the circular economy, companies can create a resilient, diverse, and sustainable supply chain that benefits both the planet and their bottom line.

Transparency and Accountability

Transparency and accountability are vital components for companies committed to reducing their carbon footprint and achieving sustainability goals. By reporting on their carbon footprint and sustainability targets, businesses can hold themselves accountable and demonstrate their commitment to sustainability. This transparency can also build trust and loyalty among consumers, who are increasingly prioritising eco-friendly products and practices.

To further drive transparency and accountability, companies can use real-time emissions tracking and reporting tools. This allows for a more comprehensive understanding of emissions across the entire value chain, highlighting areas for improvement and identifying opportunities to reduce carbon footprint. The table below showcases three examples of emissions tracking and reporting tools currently available to businesses.

Overall, transparency and accountability are crucial for companies looking to reduce their carbon footprint and achieve sustainability goals. By using emissions tracking and reporting tools, businesses can gain a better understanding of their impact and work towards a more sustainable future.