Carbon removal can contribute to value-led sustainability responses, which can create new revenue and growth opportunities by tapping into trillion-dollar markets for products using carbon as an input. It can also accelerate the achievement of net-zero objectives or facilitate going carbon negative. Support of carbon removal projects can help both the planet and local communities.
As CEOs reframe their organization’s sustainability strategy toward a more value-led approach, they should explore:
- The innovation, supply chain and customer opportunities presented by carbon removal technologies and approaches.
- How competitive advantage could be enhanced by engaging with carbon removal innovators to help them scale-up.
- What carbon removal approaches could be adopted to not only accelerate achievement of their corporate climate commitments but expand them.
- How carbon removal investments could align with and augment their community sustainability objectives.
Summary
A growing group of carbon removal innovators aim to address the global emissions gap with technologies and approaches that flip the script on carbon, by capturing it and turning it into a source of commercial and long-term value. For CEOs who want to shift sustainability in their organizations from a reporting-led function to a more value-led focus, yielding new business opportunities, carbon removal could be an important new lever.