Major companies worldwide have pledged to reach net-zero emissions, but pledges are one thing, and action is another. Momentum can, of course, be difficult to sustain. Carbon reduction may be imperative for the good of the planet, but it requires businesses to think and operate in new ways, to collaborate with more outside entities, to trust data-gathering processes that are new and developing — and to put R&D and innovation leaders at the center of the process.
Science Group convened a forum of R&D leaders and CTOs — including executives from Amcor, Bayer, Mars, PepsiCo, Procter & Gamble, Solvay, and Stepan — to identify ways in which companies can translate net-zero ambitions into material progress. In particular, we wanted to help define the pivotal role that innovation teams can play in the journey. Here, we highlight insights that emerged from this forum about practices that help build a pathway for both industry and the planet to thrive.
A Mandate for Action
This story is from the Winter 2024 edition of MIT Sloan Management Review.
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This story is from the Winter 2024 edition of MIT Sloan Management Review.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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