Decarbonizing Transport & Logistics
Discover how DFDS and Meyer Turku's CEOs turn climate challenges into green business opportunities while tackling decarbonization of transport in the Nordics.
Nordic Net Zero: The Green Business Opportunity
Future Economic Growth Demands that Leaders Embark on the Journey to Nordic Net Zero
The business case is clear: with the potential to create over 350,000 jobs, Nordic net zero is the largest opportunity individual businesses and the economy have seen for decades. It will require the Nordics to decarbonize smartly and invest approximately €860 billion, but immediate action puts the economic benefits within reach.
To succeed, governments and companies must collaborate closely to find sustainable solutions, and secure the necessary incentives and policies.
Reaching Nordic net zero will unlock a much greater CO2 abatement and enable the Nordics to boost their exports and position themselves as global leaders in sustainability.
Smart Decarbonization Makes Nordic Net Zero Achievable and Unlocks Growth
The BCG report offers an affordable and achievable pathway to reach Nordic net zero that jointly optimizes for local abatement and global export potential where Nordic companies have a competitive advantage–we call it ‘smart decarbonization’.
Smart Decarbonization enables countries and companies to pursue and prioritize the right opportunities against the time and investment required to implement them; their local abatement potential; and the potential to expand Nordic competitive advantages to drive emissions reductions, and therefore exports, abroad.
Industry Insights
Decarbonizing the Energy Sector
Discover how Statkraft's CEO, Christian Rynning-Tønnesen, tackles green transition solutions and turns climate challenges into opportunities in the Nordics.
Decarbonizing Buildings and Infrastructure
ROCKWOOL's CEO, Jens Birgersson, on decarbonizing buildings and infrastructure in the Nordics and turning climate challenges into opportunities.
An Action Plan for Key Stakeholders to Mine for Green Gold
12 recommendations have been outlined that all stakeholders in the Nordics should consider to get on the path to Nordic net zero and maximize the value-creation opportunities of the transition.
A Look into the Local Country Pathways to Net Zero
Denmark's Path to Net Zero
What is the payoff for Denmark to move towards a net zero economy? More than 90.000 new jobs, a 2.6% uplift in GDP, and an even stronger international position than today. BCG’s roadmap to net zero shows that there is a feasible and affordable path to achieve its climate targets.
Finland's Path to Net Zero
The business case for blasting ahead with the green transition in Finland is strong: 82.000 new jobs, a 5% uplift in GDP, and an even stronger position in the international climate debate. BCG’s roadmap to net zero shows that there is a feasible and affordable path to achieve its climate targets.
Norway's Path to Net Zero
Becoming a net zero economy in 2050 is a win-win situation for the climate and Norway, where the green transition is set to generate 82.000 new jobs and a 1.9% uplift in GDP. BCG’s roadmap to net zero shows that there is a feasible and affordable path to achieve its climate targets.
Sweden’s Path to Net Zero
In Sweden, the green transition is set to generate more than 100.000 new jobs, a 2 % uplift in GDP, and an even stronger international position than today. BCG’s roadmap to net zero shows that there is a feasible and affordable path to achieve its climate targets.
Authors
Facing a perfect storm, the offshore wind industry must pivot to efficient O&M. PEAK Wind and BCG reveal seven key indicators to future-proof the industry’s success through O&M.
COP28 called for tripling renewable energy capacity by 2030. While the Nordics are frontrunners in sustainable energy, much progress is needed in areas like hydropower, solar, and—especially—wind power.
New entrants in renewable energy will need to think holistically, take a long-term approach, and understand the financial impact of different scale levers in order to succeed.
Regions like Europe must import sizeable volumes of low-carbon hydrogen by 2030 to meet climate commitments. Increasingly, that looks like a long shot.
These novel approaches accelerate the timelines of large projects while reducing costs and risks.
How Canada can overcome its slower start and deliver low-carbon hydrogen to Northeast Asian consumers.
Comment le Canada peut saisir l'occasion de fournir de l'hydrogène à faible teneur en carbone aux consommateurs d'Asie du Nord-Est.
Decarbonizing shipping, logistics, and construction is a mighty challenge that will require bold leadership, sustained cooperation, and continuing regulatory support.
BCG’s latest survey of cargo owners provides insight on how shippers can navigate the dual challenges of taking on environmental responsibility and seizing the business opportunities presented by green shipping.
Regenerative agriculture is one of the most effective ways to lower Denmark’s CO2e footprint and improve the sustainability of its agriculture sector.
Biogas pathway fuels offer the maritime shipping industry the best near-term low-carbon option, and could play a major role in its long-term decarbonization.
Through five Moonshots, Finland can simultaneously drive growth and thereby well-being, reach its own ambitious climate targets, and become greater than its size in solving the climate crisis.
The world-famous power tool maker reorganized, refocused its product lines, and revved up its margins, achieving a remarkable turnaround with record results.
Following the 2008 financial crisis, Danske Bank launched a dramatic comeback with a campaign to boost margin, streamline operations, and win customers with digital services.
These value creation stars ranked in the top quartile of value creation after a turnaround. Although they took different paths, all followed three core principles.
In markets where electric vehicles dominate, up to one quarter of fuel retail outlets may become unprofitable by 2035. Here’s how fuel retailers can adapt.
As demand for electricity surges and electric grids become less stable, residential energy flexibilization provides a solution.
While a majority of electric vehicle owners can charge at home and work, a robust public charging infrastructure is key to widespread EV adoption.
A collaborative approach to scenario modeling across the ecosystem can improve investment decisions, lower costs, and smooth the journey to net zero.
Leaders must step back and rethink their approach to diversity and inclusion. Read how companies that leverage diversity enhance their competitiveness.
In their relentless focus on financial performance, many grocers have begun taking their customers for granted. As the market becomes more crowded—with growing competition from discount chains and other retailers—grocers must understand the unique needs of their customers and reorient their organization to meet those needs more effectively.
Big data can explain the who, what, when, where, why, and how of retailing. Which projects are a flash in the pan, and which will fuel growth? We see three opportunities for retailers to generate a significant increase in revenues and profits in the near term.
Discount grocers now offer more products with better quality—while maintaining their low prices. Established grocers will need to decide on the right strategic response.
Featured Content
Climate Change and Sustainability
The time for global climate action is now. BCG helps clients accelerate their climate and sustainability journey and seize new opportunities to build competitive advantage.
Report
Finland’s Moonshots for Green Growth
Through five Moonshots, Finland can simultaneously drive growth and thereby well-being, reach its own ambitious climate targets, and become greater than its size in solving the climate crisis.
BCG in the Nordics
Learn about BCG’s local business consulting services, read thought leadership articles across industries, and connect with our leadership team in the Nordics.
BCG-WEF Project: Mission Possible Partnership
Concrete, steel, aluminum, and chemicals—as well as the ships, planes, and trucks that move them—are building blocks of the global economy. But these sectors are also responsible for 30% of global greenhouse gas emissions. In order to drive change in these sectors, BCG has partnered with the World Economic Forum to deliver a series of decarbonization strategies for the Mission Possible Partnership.
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