Pathway Two
Net Zero Business Models presents seven case studies of Pathway Two companies achieving net zero by developing new low and no carbon products and services or by developing completely new net zero business models.
Walmart, the world’s largest retailer, is committed to achieving net zero emissions across its global operations by 2040 by transforming its product portfolio without changing its fundamental business model as a retailer.
Nestlé, the world’s largest food and beverage company, is committed to achieving net zero emissions across its global operations by 2050 by transforming its entire product portfolio to advance regenerative food systems at scale without changing its fundamental business model as a food and beverage company.
Rolls-Royce Holdings, a multinational aerospace and defense company based in the United Kingdom, plans to achieve net zero by 2050 by transforming its product portfolio to low and no carbon products without changing its fundamental business model as a manufacturer of engines and energy systems.
Ǿrsted, a global leader in renewable energy based in Denmark, made a complete end-to-end business model transformation from fossil fuel energy to clean and zero emission electrical power and is on track to achieve net zero emissions by 2040 across its Scope 1, 2, and 3 emissions.
Shell, one of the world’s largest oil, gas, and power producers based in Holland, aspires to become a net zero emissions energy business by 2050 by transforming from a high carbon intensity oil and gas exploration, production, and refining and marketing business into a provider of net zero emissions energy products and services, including developing a global hydrogen economy.
Vattenfall, one of Western Europe’s largest producers and retailers of electricity and heat based in Sweden, has been transforming its business model from being a fossil fuel based, carbon intensive utility to becoming a net zero integrated energy company and is on track to achieve net zero emissions across its Scope 1, 2, and 3 emissions by 2040.
GM, the second largest automaker in the United States has committed to achieve carbon neutrality by 2040 and is simultaneously engaged in a double transformation of its business model. The first is a transformation from a manufacturer of internal combustion engine vehicles to a producer of zero emissions electric vehicles. The second is a transformation from being a vehicle manufacturer to becoming a fully digitized technology and software business that is fully integrated with its autonomous and electric vehicle business.