Towards Net Zero together!
Concrete and transparent sustainability strategies and reporting can be a competitive advantage. This was the topic at today’s CEO Forum, where we launched our Net Zero Project for SME’s.
Preben Strøm, Managing Director of Energy Valley, opened the forum by encouraging businesses to be proactive and identify the possibilities rather than wait for the demands from the purchasers.
A shared view among all speakers was the importance of collaboration.
Marianne Hagen, EVP Sustainability, HSSE & Communications at Aker Solutions, shared that they are putting sustainability at the core of their strategy and operations, focusing on emissions, social aspects, and responsible governance. Hagen also highlighted how an increased focus on ESG among their customers and suppliers are changing their approach towards a more carbon-friendly business and operation model. And how suppliers need to be more conscious of their emissions, but more importantly, the emissions from the whole supply chain, as scope three reporting is becoming more common and required.
Reforming the company
Anders Dahlgren, CEO of HTS Dynamics, showed how they had reformed the company to improve their position as an employer and a supplier. They implemented sustainability as a core principle in their business strategy and focused on all reporting scopes. Dahlgren highlighted the benefits of adopting carbon accounting as a concrete solution.
– Reducing our own emissions (scope one and two) is relatively simple. Still, scope three emissions can only be reduced by collaborating with our suppliers, said Dahlgren.
A key takeaway shared was that as more businesses implement this kind of reporting, it will become easier for the whole industry, as the data provided will help other actors in the supply chain report more accurately.
Committing to concrete solutions
Alexander Fuglesang, CEO of Fsubsea, shared how losing an employee to another company within renewable energy inspired him to reevaluate their approach.
– It became apparent that for Fsubsea to continue to be an attractive employer, we needed to claim a position and commit to real, concrete solutions, said Fuglesang.
Fuglesang showed how Fsubsea benefitted from focusing on their product’s longevity and resource consumption when measuring carbon emissions and how it benefits their customers.
Sigurd Knapstad, Head of Energy Transition at Capgemini Invent, then took to the stage to present our joint Net Zero Project for SME’s.
The project aims to restructure the Norwegian supplier industry in line with the large energy companies’ net-zero strategies, turning a CO2-intensive value chain into a competitive advantage for increased exports from Norway, as an energy nation, and the companies in the cluster. While also enabling the suppliers to contribute towards reduced emissions in line with national and global reduction goals and report this.
The Net Zero Project also has transfer value to industries other than the supplier industry, and there are plans to expand the project to become a national project for all Norwegian supplier industries.
This was the first forum where we focused on the Net Zero Project, and we are looking forward to future discussions and projects on the topic as the cluster comes together in the following months.