Net Zero Industry Tracker 2024

The Net-Zero Industry Tracker offers stakeholders a framework and methodology to understand the key drivers of industrial emissions, and the key enablers of the transition to net-zero for eight emission-intensive sectors. The tracker provides both quantitative and qualitative scorecards for the sectors in scope to continuously track their progress towards the net-zero goal. Furthermore, the tracker identifies priority areas for the industries to encourage targeted actions to facilitate progress. Of the eight sectors in scope in the 2024 iteration of the tracker, ammonia has been expanded to primary chemicals (which also includes ethylene, propylene, benzene, toluene, mixed xylenes and methanol), which contribute to 2.5% of global GHG emissions, increasing the overall volume of emissions being tracked. For the production and energy sectors, the field of analyses covers Scope 1 and 2 emissions, while for transport sectors, the GHG emissions in the fuel supply and operational value chains (well-to-wake emissions) have been covered. While the overarching framework of the tracker remains the same as last year, the quantitative methodology has been updated this year. In addition, numerous cross-cutting themes have been outlined into the five readiness dimensions, distilling some of the key technologies and efforts needed across sectors that deserve elevated attention. Performance framework – the four drivers of industry net GHG emissions FIGURE 2 Production What is produced: Industry production volume and mix Transport What is being transported:/uni00A0 Industry transport activity and mixProduction How is it produced: Production process emission and energy intensity Transport How it is transported:/uni00A0 Emission and energy intensity, transport work by process Production What it contributes to: Value chain emissions and offsets Transport What it contributes to:/uni00A0 Value chain emissions and offsetsProduction What energy is used: Types of energy sources consumed Transport What fuel is used:/uni00A0 Types of fuel sources consumed1 42 3Net GHG emissionsIndustry output Value chain emissions and offsets Energy mixOperational process intensity 10 Net-Zero Industry Tracker: 2024 Edition