CARBON-NEUTRAL INDUSTRY

Companies play a key role in the implementation of climate targets. The decisions made by pioneering companies make a transition towards a carbon-neutral society possible; a transformation that will affect all of society.

LATEST

There’s nothing neutral about this.

news

Friends and money: what we need for the circular transition

WCEF2022 logo, Kristin Hughes, Vivianne Heijnen, Jyrki Katainen, Jeanne d'Arc Mujawamariya, Hiroshi Ono, Valerie Hickey and two giraffes
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Landmark circular economy event encourages implementing solutions for climate and biodiversity

WCEF2022 logo, globe and the text Global Studios.
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Call for applications: WCEF2022 Global Studios

blogs

Sustainable recovery measures must be timed correctly

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Developing Helsinki region into a centre of clean solutions benefits all of Finland

articles

Could Finnish companies have the largest carbon handprint in the world?

Picks

Video: Carbon handprint

archived

I went to Finland and all I got was… hope for solving the climate crisis

articles

Rising Asian countries intend to lead global circular economy

articles

10 key takeaways from WCEF2017

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The Nordic region proves the circular economy works

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Large companies can lead the transition to a circular economy

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Ibrahim Thiaw: “Developing countries are circular economy experts”

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Achim Steiner: “We live in a moment of great opportunity”

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The Arctic circular economy experts

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Helsinki Metropolitan one year on the road to being best test bed in the world for smart and clean solutions

events

Climate impacts of investments and climate-related financial risks

Helsinki, Tuesday, Jan 16
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Scaling up existing low-carbon solutions

Friday, Mar 03
events

Debat og lancering af Nordiske løsninger på globale udfordringer i København

Tuesday, Feb 21
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Nordiska klimatlösningar som kan inspirera världen

Thursday, Jan 26
events

Opið málþing – Norrænar loflagslausnir: Green to Scale

Thursday, Jan 19
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Nordic Climate Solutions: Green to Scale in Reykjavik

Wednesday, Jan 18
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Lansering av rapporten Nordic Green to Scale i Norge

Wednesday, Dec 14
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Nordic Green to Scale i Stockholm

Monday, Dec 12
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Nordic Green to Scale at Nordregio 2016

Wednesday, Nov 23
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Climate Impact Assessment of Companies Listed on Nasdaq Helsinki 2016

Thursday, Dec 15
events

Citizens’ Role in Mitigating Climate Change and Reducing Green House Gases

Tuesday, Nov 15
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Slush introducing smart & clean future

Thursday, Dec 01
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Nordic Green to Scale in Marrakech

Wednesday, Nov 16
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Dialogue for Climate Action

Tuesday – Wednesday, May 24 – May 25
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Millennium Talks: Smart & Clean

Monday, May 23
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Sino-Finland Low Carbon Solution Workshop

Saturday, Jan 23

WHAT IS IT ABOUT?

Solving the challenges brought about by climate change can lead to profitable business and huge opportunities for Finland. Carbon neutrality provides companies with a strategic competitive edge (link in Finnish only). The first companies to understand this will be the future winners. Their innovations, products and solutions will make a carbon-neutral society possible. They can also enhance their own competitiveness in the process.

What did we do?

Future winners are resource-wise

Without the participation of large companies, the transition to a carbon-neutral society will not take place fast enough. Other companies will follow suit in making the change, including smaller companies that are often the ones to create new jobs and improve the regional economy. The need for change applies to all industrial activities, material and energy flows, and production. By developing the necessary products and services for the transition to a carbon-neutral society, companies can also generate significant exports.

Many companies have already started making the change. In Finland, for example, the companies that are members of the Climate Leadership Council see low-carbon products and solutions as a part of their competitive edge. Investors have also started to realise the need to examine the carbon and climate risks of their investments in addition to their technical and economic risks.

Large companies pave the way to carbon neutrality

In 2014, Sitra launched its Carbon-neutral industry focus area. A group of major leading companies committed themselves to acting as an example in making decisions that contribute to Finland’s efforts to become carbon neutral.

We finalised the Energy and Climate Road map 2050 (in Finnish only) for companies and provided information for the planning of the National Energy and Climate Strategy 2030 (in Finnish only).

A comprehensive transition towards carbon neutrality does not mean just keeping an eye on the CO2 emissions. It affects the entire operation of the company: its strategy, management and above all the development of new clean business (in Finnish only). The change takes place slowly and requires long-term investments. Therefore, we have to make decisions now that will still be sustainable in 2050.

What did we achieve?

In co-operation with companies, we developed practical tools for becoming carbon neutral (in Finnish only). We produced information, methods and models that will help companies and other decision-makers in the transition towards carbon neutrality. We also helped develop Sitra’s own operations to become carbon neutral.

We compiled the climate.now training package together with universities to ensure that Finnish students in all fields of expertise receive up-to-date information on climate change and its effects on their own field.

In Central Finland, we investigated how a regional biogas ecosystem can promote the carbon-neutral circular economy in the countryside. We also explored new business models for two-way production in district heating.

We founded the Helsinki Metropolitan Smart & Clean Foundation in co-operation with cities and companies in June 2016. The foundation is building an international-scale reference area for the development of new low-carbon solutions for the circular economy, the testing of innovations and the showcasing of cleantech expertise. Together with the foundation, we support the target set by the Government in its cleantech strategy – to make Finland a superpower in the cleantech business by 2020.

Who participated?

The focus area worked in co-operation with many companies, cities, organisations, associations, universities, universities of applied sciences and ministries.

PROJECTS

Here are our projects and results.

projects

Toolkit with building blocks for carbon neutrality for companies

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Carbon-neutral Sitra

PROJECTS

Climate.Now

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Carbon risk and climate risk

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Smart & Clean Helsinki Metropolitan area

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Two-way district heating

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Biogas ecosystem in Central Finland

CONTACT US

people
Tuula Sjöstedt
Specialist, Sitra International Programmes
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Jukka Aaltonen
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Pia Mero
Specialist, Strategic Management Support and Legal Affairs
people
Janne Peljo

What's this about?