Chasing Net Zero

The climate crisis is a global threat, so it is necessary to find global solutions soon. Decarbonisation is essential to our global net-zero efforts as the world continues to fight headwinds in the path to emitting net-zero carbon dioxide gasses and limit global warming to 1.5˚ Celsius by 2030 (according to The Paris Agreement).

Global progress in tackling climate change is, of course, heavily dependent on countries fully delivering on stated commitments and announced policies — a big bet in an era of growing uncertainty, political instability, ongoing recession risk and black swan crises. But the climate stakes are too high, and the long-term trajectory already set. And where governments fall short, businesses, pressed by investors and regulators, have a major opportunity to pick up the slack. In many ways, this is already happening, as the private sector is gearing up.

The Information and Communication Technology (ICT) industry remains a global sector that transcends geographical boundaries and through their products and services are able to promote connectivity, productivity, trade and content while also taking the lead in the adoption of sustainable business practices for shared value. The purpose of this report is to help ICT companies, investors and sustainability professionals gain a better understanding of the adoption and reality of net-zero emissions in EMA (Europe, the Middle East and Africa) by summarising KPMG professionals' analysis of the trends, risks and opportunities related to net-zero emissions.