Decarbonization

Decarbonization is a strategic lever to lower costs, unlock growth, and reduce exposure to mounting regulatory and climate risks.

Panoramic shot of dam on water against sky
Decarbonization is not just a response to pressure—it’s a strategic opportunity. Companies that invest in low-carbon technologies can unlock cost savings, accelerate green growth, and gain a lasting competitive edge. The path to net zero isn’t just about reducing emissions—it’s about creating value.

BCG’s Approach to Decarbonization

Leading companies are proving that net zero decarbonization is a business opportunity that can bring sustainable competitive advantage. They aren’t just creating more value; they’re changing the game in their industries by showing the way to a profitable, decarbonized future.

At BCG, we take a highly sector- and company-specific approach to decarbonization, since each organization’s operating environment, assets, and regulatory constraints are unique. Our work often begins by shaping a tailored decarbonization strategy that aligns environmental ambition with clear business objectives. We help companies deploy decarbonization methods to reduce the carbon intensity of their operations and activities across the full value chain, and we help identify new business opportunities that can deliver sizable revenue streams.

We focus on a variety of high-impact decarbonization solutions, all of which represent both decarbonization levers and growth opportunities. They include:

Bioenergy
By utilizing organic materials and waste, bioenergy provides sustainable solutions to decarbonize operations. Bioenergy and biofuels can be integrated into existing infrastructure, enabling a smooth energy transition along the entire value chain—including feedstock growth and collection, biofuels and biogas refining, and marketing.
Carbon Capture, Utilization and Storage (CCUS) and Carbon Removals
Carbon capture and removal technologies are essential to reaching the "net" in net zero—especially for hard-to-abate emissions. Scaling these decarbonization solutions to the levels needed by 2050 won’t break the bank but will require multiple stakeholders to work together across the value chain to drive technology, market development, and capital project execution. We help clients unlock commercial value through pragmatic strategies, high-impact partnerships, and large-scale delivery support.
Energy Storage
Batteries and other forms of energy storage are crucial to the small- and large-scale deployment of renewable energy and decarbonization efforts worldwide. Energy storage offers substantial business opportunities for a wide range of market players—not just auto and utilities—and delivers a clear first-mover advantage.
Green Building Materials and Construction
Massive opportunities exist to reduce the carbon footprint in the way we build our buildings and infrastructure. However, prioritizing low-carbon materials—such as cement, concrete, steel, and ceramics—and decarbonizing the supply chain and the way we build requires strong cross-industry collaboration and forward-thinking investments.
Green Building Technology and Renewable Heat
The built environment is responsible for approximately a third of global carbon emissions each year—and the majority of these emissions are released during the operation and maintenance phase of a building. Decarbonization solutions for buildings already exist, making net zero buildings an achievable goal; however, stakeholders must accelerate adoption and deployment.
Green Industrial Heat
Industrial heat accounts for a significant share of global emissions—yet remains one of the hardest sectors to decarbonize. With rising carbon costs, regulatory pressure, and maturing technologies, companies now have a window to transition profitably. We help clients identify and implement the right green heat solutions—such as electrification, biomethane, and hybrid systems—unlocking cost savings, reducing emissions, and securing long-term competitiveness.
Hydrogen and E-fuels
By 2050, an estimated 380 million tons per year of decarbonized hydrogen and other low-carbon fuels will be required to limit global warming. To meet future demand, companies must overcome hurdles related to cost management, infrastructure, supply chains, and feedstocks.
Low-Carbon Energy Sourcing
Reducing Scope 2 emissions—typically from electricity use—is one of the most cost-effective steps toward net zero. Procuring renewable electricity not only supports decarbonization goals, but also provides long-term cost certainty, helping protect against fossil fuel price spikes and carbon cost volatility. We help clients design renewable strategies that create business value through stable pricing, improved ESG performance, and a future-ready energy mix.
Nuclear
As the energy transition accelerates, nuclear is re-emerging as a reliable, low-carbon power source with growing commercial interest—from large-scale reactors to new modular technologies. Yet success hinges on managing complexity, cost, and stakeholder expectations. We support clients across the full nuclear value chain with strategic insights and world-class large capital project capabilities—helping de-risk investments, accelerate delivery, and capture long-term value in a fast-evolving energy landscape.
Renewables and Low-carbon Solutions
The global energy landscape is undergoing a profound transformation. Developing and operating renewable energies at scale is key to realizing the decarbonization of societies. We support the shaping of renewable business opportunities with deep commercial, technical, and regulatory expertise to help companies identify the right strategies, investments, and operating models for low-carbon and renewable energy.

We also help clients deploy forward-thinking decarbonization methods in sustainable operations—which reduce emissions across the product life cycle, increase sustainability in procurement and supply chain, enhance operational efficiency, and help transition to the circular economy—as well as nature-based solutions.

Our Clients’ Success in Decarbonization

A leading steel manufacturer, and one of the fastest-growing companies in the world, committed to deep decarbonization by reducing its CO2 emissions by more than 40% by 2030. BCG helped the company eliminate 9 million tons of CO2 from a single steel plant, and this successful decarbonization strategy is now being replicated across the entire organization.

Our Partnership Supporting Decarbonization

In this film, BCG and the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping explore how the maritime sector must merge sustainability with competitiveness. Collaboration and partnerships are key.

Our Insights on Decarbonization Solutions

Meet Our Decarbonization Consulting Leadership Team

BCG’s decarbonization consulting team has deep expertise in accelerating the path to net zero decarbonization, deep decarbonization, industrial decarbonization, hydrogen, carbon capture, and biofuels. Here are some of our experts in decarbonization.

Managing Director & Senior Partner

Patrick Herhold

Managing Director & Senior Partner
Munich

Managing Director & Senior Partner

Esben Hegnsholt

Managing Director & Partner
Copenhagen

Managing Director & Partner

Marta Guzzafame

Managing Director & Partner
Madrid

Managing Director & Partner

Alex Dewar

Managing Director & Partner
Washington, DC

Managing Director & Partner

Ilshat Haris

Managing Director & Partner
Houston

Managing Director & Senior Partner

Frank Klose

Managing Director & Senior Partner
Düsseldorf

Explore Related Services