below50 brings together companies and organizations who commit to growing the global market for the world’s most sustainable fuels – that is fuels producing at least 50% less CO2 emissions than conventional fossil fuels.
Low carbon fuels have massive impact potential for emissions reductions and fuel efficiency. For instance, biofuels alone can reduce emissions 500MT by 2030. The time for creating a global market for these fuels has never been better.
below50 aims to create demand for these fuels and scale up their deployment by increasing the number of companies choosing sustainable alternative fuels, creating cross-sectoral opportunities along supply chains and addressing legislative and financial barriers to bring these fuels into the mainstream.
It’s time to capitalize on this moment. The new global market for sustainable fuels is expected to reach $185 billion by 2021 – and you can be sure that the below50 companies are going to be instrumental for that growth.
What are the benefits?
What is expected of companies that make this commitment?
There is an approval process for joining below50. Any company who produces, uses and/or invests in fuels that are at least 50% less carbon intensive than conventional fossil fuels can sign up. In order to be approved, companies must demonstrate an existing commitment to sustainable fuels with evidence of steps taken to meet the commitment.
Whether you operate on the demand side, the supply side or are a technology enabler, you have a different role to play in growing the market, and therefore a different sectoral commitment to below50.
Companies must publicly commit to the campaign, show evidence that supports their claim, and disclose their progress towards achieving this goal on a yearly basis.
Carbon Recycling International
Joule Red Rock Biofuels
Leveraged Green Energy
Companies are setting increasingly ambitious supply chain environmental goals including Science-based targets, zero-deforestation commitments, and context-based water targets. This session will discuss how companies are leveraging supplier data to set and track progress against their ambitious goals and engaging suppliers to improve performance to meet these targets. Speakers include: Bruno Sarda, President, CDP North America; Carlos Sanchez, Corporate Manager Environment, Philip Morris International; Johanna Levy, Director Global Environmental Excellence, Firmenich
An increasing number of companies are ready to take on a sustainability leadership role and start engaging their suppliers. Join us to hear from The LEGO Group and Accenture about how they are pushing action and transparency in their supply chains. Speakers include: Ben Ngobi, Global Procurement Sustainability Lead, Accenture; Andrew McMullen, Environmental Supply Chain Senior Manager, LEGO Group