Decarbonising the technology industry

Summary of survey findings| Download the survey report | Contacts

Technology companies are usually seen as cutting-edge and first-movers. Yet when it comes to decarbonisation, many tech companies are challenged with translating aspirations into actions.

In fact, according to the annual KPMG global survey of more than 800 technology company leaders, more than half (53 percent) do not have a decarbonisation strategy or targets in place.

Unfortunately, delayed action on decarbonisation will increasingly create headwinds in the cost of capital, the war for talent, access to necessary material inputs, and consumer confidence. Now is the time. The tech industry is primed to reclaim first-mover status by leveraging its resources, visibility, and influence to be innovators and positive role models in the fight against climate change.  

The good news is that green strategies, while helping the planet, can also offer positive business outcomes. There is mounting recognition that an effective net-zero transformation can unlock new markets, products, revenue, and value propositions as it provides additional value for investors and improves customer confidence.

The tech industry is ripe to reclaim its first-mover status by leveraging the resources, visibility, and influence to be innovators and positive role models in the fight against climate change, unlocking new value for investors, customers, and employees along the way.