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Net Zero by Narsi is a series of brief posts by Narasimhan Santhanam (Narsi), on decarbonization and climate solutions.
See all Net Zero by Narsi posts from here.Connect with our director

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Of late, I have been reading a real lot on what the CEOs of the world are upto in the context of decarbonization. This is important for CliDemy – the Climate Academy, for which leaders, especially corporate leaders, comprise a critical segment.

Of special interest to me was to know how they “looked” at climate action – as a defensive strategy (I call it Renew), as a proactive effort (Redesign) or with a profoundly transformative vision (Reset).

I had reviewed interviews, videos and more from about 100 CEOs so far, leaders of some of the largest companies in the world, across sectors ranging from oil&gas, mining/metals, chemicals, automotive, agri&food…

Not surprisingly, ???? ?? ??? 100 ????’ ???????? ???? ? ????? ??????????? – I know, it is tough, and I had not expected much anyway! Going back to fundamentals and asking questions like “Should we be in this business at all?” is tough, very tough…

About 15 ???? ?????? ?? ?? ??????? ????? ???????? – examples of redesign include significantly altering operational processes or even bold changes to supply chain, steel companies trying change processes in order to use green hydrogen in place of natural gas and/or coke… These CEOs are fairly bold, yes, though some of them may be having boldness thrust upon them.

The largest number – ????? 70% – ?? ??? ???? ??? ????? ??? ???? ???? to “show” that they are doing something on decarbonization – purchasing renewable power, carbon credits & offsets, implementing energy efficiency in at least some portions of value chains, using ESG approaches and solutions to increase transparency…

This still leaves almost 20% of CEOs, who seem to be doing nothing, or worse, as in the case of some Big 10 oil companies, ?????? ?????????? ?? ???????? ???? some of their earlier decarbonization efforts.

All the above made me realize the following three aspects about the CEO perspectives on decarbonization:

1. A good many of them ????????? ??? ???? – their companies strengths & assets built over decades, how their products had been benefitted their end users…for successful companies, a glorious past is just too appetizing to give up…

2. Many of them ????? ??? ? ??????? ????? – this was especially prominent among oil & gas companies, whose CEOs ask a rather blunt question – can you live without oil or natural gas today?

3. The few of them bold enough to consider dramatically different solutions or alternatives are ?????????? ?? ??? ????? ??????? ??? ??? ?????? – for instance, there is the instance of a large airline CEO keen to shift massively towards sustainable aviation fuels but the supply chain for SAF is non-existent today. Activate to view larger image,

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About Narasimhan Santhanam (Narsi)

Narsi, a Director at EAI, Co-founded one of India's first climate tech consulting firm in 2008.

Since then, he has assisted over 250 Indian and International firms, across many climate tech domain Solar, Bio-energy, Green hydrogen, E-Mobility, Green Chemicals.

Narsi works closely with senior and top management corporates and helps then devise strategy and go-to-market plans to benefit from the fast growing Indian Climate tech market.

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