Decarbonisation

Decarbonising supply chains is an absolute necessity, with many industries relying on a strong supply chain such as oil and gas, aviation, shipping, food, agriculture and mining being among the top polluters. Sustainability is not optional anymore, and decarbonisation is on the agenda for all leading CEOs. However, in a challenging and demanding environment, no single solution is the answer; companies rather need to apply a portfolio of solutions to address net-zero emission challenges in a sufficient and economically sustainable way.

We help discover and adopt solutions that can move companies along on their decarbonisation journey and facilitate a cleaner and greener business environment.

Emission Tracking, Predictive Maintenance & AI

Assets (such as vessels in shipping) are often numerous and sometimes not owned or in the direct control of the party who wishes to track their emissions. In general, the value chain is highly fragmented, and hardware is often hard to install because of fleet sizes and the lack of clarity in financial responsibilities for such innovations. Enterprises often face regulatory and environmental pressure. Technology is available, frequently in startup settings, but lacks implementation on global enterprise scales. We aim to close these gaps in the quest of decarbonising supply chains.

Carbon Trading & Offsetting

Offsetting lacks a unified framework and often moves sustainability problems rather than solving them. Companies are also facing legislative pressure with IMO 2030 and 2050 targets that require quick and thorough action, as well as demand pressure from charterers looking to reduce scope 3 emissions. However, CSS technologies are being heavily funded by leading corporations globally at both source and at port facilities, creating a vast space for growth. It is estimated 1 unit of $ outside the shipping sector has 5x the impact it has on shipping. We continuously work with startup and enterprise partners to tap into these opportunities.

Fuel Additives and Lubricants

Fuel additives and lubricants are an often overlooked avenue for solutions that can reduce carbon intensity today. While a lot of attention is directed at alternative fuels that hold the most promising long-term benefits, many companies fail to act on short-term fuel decarbonisation initiatives.

Moreover, many fuel additives claim benefits, but few actually deliver, especially for certain kinds of engines that large ocean-going cargo vessels use. In addition, everything needs to be certified, which in itself is challenging, and ship captains are unwilling to risk putting uncertified chemicals on their vessels. We actively work to overcome these barriers.

Alternative Fuel

Alternative fuels are one of the main focus areas when it comes to decarbonisation as it holds great promise for highly impactful reduction of emissions. However, they require vast amounts of infrastructure to implement in addition to the right demand across a complex and fragmented value chain. Though there are multiple competing options such as hydrogen, liquified neutral gas, biofuels or electricity, no clear, single solution seems apparent, making it risky for enterprises to commit. Further exploration into the practicality and application of one or several of these alternatives is a key priority in decarbonising supply chains.

Business model innovations

Many CO²-reducing initiatives and investments are at risk of being under-prioritised in an effort to reduce costs following the impact of Covid-19. This is a great threat to the urgently needed decarbonisation of the maritime sector.

The solution to this threat is to find ways to monetise CO² reductions towards businesses and consumers alike. This presents opportunities such as utilising CO² data for new business, green freight premium models, freight orchestrations or partnering with industries that greatly benefit from CO² reductions.

Scope challenges

First, we scope the program cycle by identifying specific challenges faced by the corporate partners and distil them into 3 areas to be solved in the cycle through startup engagement pilots.

Identify solutions

We then scout and review hundreds of startups to shortlist the 5-10 most relevant and promising solutions that could meet the needs of partners’ priority challenges.

Select options

Third, corporate partners and shortlisted startups meet in group and 1:1 pitch sessions to evaluate the potential for collaboration. The 3-5 best matches will advance to address the challenges.

Design engagement

Lastly, we develop an engagement plan to ensure tangible cycle results. Corporate and startup partners agree on the intent to begin testing 1-3 engagements, concluding with a launch day.