Turning Challenge into Opportunity 2025

Contributors Lead authors Noam Boussidan Programme Head, First Movers Coalition, World Economic Forum Dilip Krishna US Consulting Managing Director, Deloitte Ben Hewson US Manager, Deloitte Williams Ahl US Consultant, Deloitte Acknowledgements The authors extend their gratitude to all contributors from the World Economic Forum and Deloitte Consulting listed below, whose expertise and dedication have been invaluable in facilitating this insightful exploration. The findings of this report are grounded in the views of individuals expressed during interviews and the review process. Consequently, neither the organizations represented and acknowledged in this report, nor the World Economic Forum or Deloitte Consulting, should be taken as agreeing with every finding or recommendation. Expert advice is purely consultative in nature and does not imply any association with the takeaways or conclusions presented within this paper. World Economic Forum Jelena Aleksić Lead, Industry Decarbonization Metals (Steel and Aluminium) Mette Asmussen Lead, Maritime Sector Initiatives Daniel Boero Vargas Lead, Industrial Decarbonization Innovation, Supply and Concrete Giorgio Parolini Lead, Aviation Decarbonization Nasim Pour Lead, Climate Finance Thibault Villien de Gabiole Lead, Industrial Decarbonization (Trucking) Deloitte Milind Mahendra Malegaonkar USI Senior Consultant Rishabh Sharma USI ConsultantContributing organizations Aluminium sector –Companhia Brasileira de Alumínio –Norsk Hydro Aviation sector –Aeroporti di Roma –Airports Council International World –Be8 –Denver International Airport –Eni –Galp –GS Caltex –Ineratec –Infinium –Lanzajet –Repsol –Royal Vopak Turning Challenge into Opportunity: Supplier Voices from Heavy-Emitting Sectors 71