Introduction

The Net-Zero Industry Tracker offers a data-driven framework to assess and comprehend the progress of decarbonization across emissions-intensive industry sectors.

Its key objectives include supporting the global endeavour of industry net-zero transformation by providing stakeholders with a detailed framework and methodology to comprehend the driving forces behind industry emissions and the facilitators of net-zero transformation. Additionally, it provides both quantitative and qualitative scorecards to continually monitor industry advancements towards the net-zero goal. Moreover, it identifies priority areas for industries to focus on, promoting actions that accelerate their progress in the journey towards sustainability.

The underlying framework combines two complementary lenses to track industries’ progress on the ground – performance and readiness. This year, to increase the overall volume of emissions being tracked, three transport sectors have been included. Consequently, the 2023 iteration of the framework for production and energy sectors remains the same, whereby the field of analysis covers scope 1 and 2 emissions. However, an adapted version has been developed to account for variance in reporting requirements for the newly incorporated transport sectors, which will account for greenhouse gas (GHG) emissions in the fuel supply and operational value chains (well-to-wake emissions) against 2050 targets.

Box 2: Definitions

Image: World Economic Forum

Figure 1: Net-Zero Industry Tracker framework - performance

Image: World Economic Forum

Figure 2: Net-Zero Industry Tracker framework - readiness

Image: World Economic Forum

Table 2: Scoring matrix for transformation enablers

Image: World Economic Forum