Net Zero Industry Tracker 2024

Images: Getty Images Disclaimer This document is published by the World Economic Forum as a contribution to a project, insight area or interaction. The findings, interpretations and conclusions expressed herein are a result of a collaborative process facilitated and endorsed by the World Economic Forum but whose results do not necessarily represent the views of the World Economic Forum, nor the entirety of its Members, Partners or other stakeholders. © 2024 World Economic Forum. All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means, including photocopying and recording, or by any information storage and retrieval system.Contents Foreword 3 Executive summary 4 1 Context 6 2 Framework 9 3 Cross-sector findings 13 3.1 Performance 14 3.2 Readiness 19 3.3 Key priorities 39 4 Aviation industry net-zero tracker 40 5 Shipping industry net-zero tracker 51 6 Trucking industry net-zero tracker 62 7 Steel industry net-zero tracker 73 8 Cement industry net-zero tracker 84 9 Aluminium industry net-zero tracker 95 10 Primary chemicals industry net-zero tracker 106 11 Oil and gas industry net-zero tracker 118 Conclusion 130 Appendices 131 A1 Abbreviations and acronyms 131 A2 Readiness criteria 133 A3 Data sources 134 Contributors 135 Endnotes 137 Net-Zero Industry Tracker: 2024 Edition 2