Decarbonisation
Target: net zero – navigating the transition risks created by climate change

Target: net zero – navigating the transition risks created by climate change

Decarbonising economies to combat the negative impacts of climate change is a complex journey. Many governments around the world have set a net zero target by 2050, with some setting their target to achieve net zero carbon emissions even faster.

To transition, global economies will need to navigate away from how they operate today industrially, to a net zero model. Economies will have to question every aspect of their energy, process, material and mobility decisions across every industry.

For industries without a target, plan or pathway to net zero, there will be increasing opposition, not only on environmental grounds, but also on whether their economic or business model will be viable going forward.

How are governments and industries positioned to chart their course in transitioning to net zero emissions? How are they responding to the impact of changing social values and stakeholder expectations? How will finance and investment decisions respond to this transition?

These questions are explored in our insights below and include five case studies that consider the learnings from the industries that are most exposed to the transition to net zero emissions.

“While the path ahead will not be easy, the acceptance that we need to decarbonise as rapidly as possible is necessary to mitigate the transition risks associated with climate change. The transition and choices available will be different for each organisation.”

Paul Gleeson, Managing Director
Energy, Resources and Water

Navigating transition risks:
a pathway to decarbonisation

The successful transformation towards a net zero carbon emissions economy requires a robust strategy, as well as engagement and trust from stakeholders and the community.

Given the size of the challenge, energy, resources and transport industries transitioning to net zero emissions have a significant impact to make. These insights consider five case studies where organisations around the world are reducing greenhouse gas emissions:

Aurecon - Decarbonisation - Using scenario planning to set a long-term vision

Using scenario planning to set a long-term vision

Aurecon - Decarbonisation - Developing a net zero emissions strategy and transition plan

Developing a net zero emissions strategy and transition plan

Aurecon - Decarbonisation - Identifying meaningful investments to achieve targets and goals

Identifying meaningful investments to achieve targets and goals

Aurecon - Decarbonisation - Taking a systems approach

Taking a systems approach

Aurecon - Decarbonisation - Modelling technology pathways

Modelling technology pathways

Click on the icons to learn more from these case studies.

How will your industry transition to a net zero carbon future?

Hydrogen’s role in the transition to net zero

As hydrogen fast becomes a fuel of choice for economies looking to decarbonise, Australia and New Zealand could significantly influence global carbon emissions as a producer and exporter of hydrogen or derivatives.

Hydrogen could help enable a transition to net zero for Australia and New Zealand and their existing trading partners of Japan, China and South Korea, economies that do not possess the same abundance of renewable energy resources.

Learn more below about how Aurecon is unlocking the potential of hydrogen technology for our clients.

Hydrogen is one of the enablers for the transition to net zero. It’s a form in which renewable energy can be shipped and consumed around the world.

Aurecon's Paul Gleeson talks hydrogen on ABC Radio

Our sustainability and climate change expertise

At Aurecon, we work with organisations and governments to protect and enhance their performance by responding to the risks and opportunities presented by sustainability and climate change.

Learn more about how we can help you manage both the transition and physical risks of climate change and harness the opportunities and navigate the risks of the energy transition.

CONTACT US FOR MORE INFORMATION

Paul Gleeson - Managing Director – Energy, Resources and Manufacturing

Paul Gleeson

Managing Director,
Energy, Resources & Water – Australia & New Zealand
+61 412 868 505
Scott Smith

Scott Smith

Market Operations Director, Transportation – Australia
+61 472 540 858

Learn more from our projects and case studies

UQ Warwick Solar Farm

Aurecon provides engineering design and project management services to help the University of Queensland transition to 100 per cent renewable energy.
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