26th UN Climate Change Conference of the Parties (COP26)
Transitioning Industrial Clusters toward Net Zero
The World Economic Forum, in collaboration with Accenture and EPRI, is proud to introduce a new initiative, “Transitioning Industrial Clusters toward Net Zero,” at COP26. We will be launching this initiative along with a group of global industrial clusters who have made commitments towards net zero and will be sharing learnings from their journey to date.
Kwinana Industries Council Presentation
Transitioning Industrial Clusters towards Net Zero
KIC presentation starts at 4.20 in the video below
WHAT ARE INDUSTRIAL CLUSTERS?
- Industrial clusters are comprised of co-located companies representing one or more industries (chemicals, refining etc.)
- Heavy and light industries are evenly split in their contribution to overall industrial emissions – c. 30% of global total
- Industrial clusters alone account for approximately 15-20% of global GHG emissions
Clusters represent a unique opportunity to scale low carbon solutions by aggregating energy demand and co-locating it next to energy supply. However, given the diverse set of needs for industrial companies, all stakeholders must work together to find optimal solutions that accelerate the journey towards net zero. The “Transitioning Industrial Clusters toward Net Zero” Initiative, led by the World Economic Forum in collaboration with Accenture and EPRI, seeks to create a global movement to accelerate the transformation of industrial clusters toward a net zero future, while delivering on a broader system-wide set of economic, environmental and social goals.
Clusters represent a unique opportunity to scale low carbon solutions by aggregating energy demand and co-locating it next to energy supply.
Signatory Clusters in numbers:
CO2 emissions across the 4 clusters
Jobs protected and created by 4 of the clusters
Estimated contribution to the local economy by 4 of the clusters
The World Economic Forum who will describe the ambition of the initiative
CEOs of the 4 signatory clusters, including the KIC Director Chris Oughton which will collectively achieve an emissions reduction of ~30MT when they achieve net zero – equivalent to the emissions of Denmark. Hear about their cluster ambitions and insights on key success factors and pain points
U.S. Public and private executives on the opportunities and challenges in transforming industrial clusters in the U.S.
The Purpose of the Carbon Reduction project for the Kwinana Industrial Area (CRKIA) is to move the KIA to a net zero carbon emissions profile through the collective Carbon Reduction initiatives implemented by the members of Kwinana Industries Council, or KIC.
View CRKIA in detail
Director of Kwinana Industries Council Western Australia
With a background in local government and private sector senior management roles, Chris took up the role of Director (CEO) of the Kwinana Industries Council (KIC) in 2007.
KIC is the peak industry association drawing its membership from within the State’s Premier Industrial Area, referred to as the Western Trade Coast (WTC). KIC serves its members by taking up issues that are in their collective interest.
Industry in the WTC is responsible for the direct and indirect employment of around 30,000 workers and contributes around $16Bn into the WA economy annually. The KIA is regarded as one of the world’s best practice examples of industrial symbiosis in action, with over 170 inter-company product and by-product exchanges.
Resolving industry infrastructure constraints, protecting the industrial buffer zone, decarbonisation of the industrial area, pursuit of the new container port in Kwinana, and pressing for the establishment of Kwinana’s ‘Lithium Valley’ on the world stage are some of areas of Chris’ of focus.
· PhD student (Murdoch University School of Environmental Engineering)
· Executive Master of Business Administration, UWA
· Bachelor of Commerce (Corporate Administration), Curtin University
· Company Director Diploma, AICD