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The issues

53.8

GT CO2e

Global GHG emissions reached 53.8 Gt CO2e in 2022.

+ 15 %

global GHG

Building materials, plastics, and packaging, metals and mining account for 15-20% of global GHG emissions.

3.5

billion tonnes

Global waste to landfills is set to increase unabated to more than 3.4 billion tonnes per year by 2050.

How we help

Our expertise guides you in navigating the transition to sustainable materials, addressing regulatory impacts, market readiness, and the potential for green alternatives to replace traditional materials.

Identify

What external factors will impact the current "material mix" and how critical will they be?
Detailed assessment of external factors such as global and regional regulations and policies, consumer trends, industry shifts which have potential impact on "choice" of materials
Impact of external factors would be measured across major product categories, applications, geographies, timelines 
How will the "material mix" evolve from short-mid-long-term basis?
Baseline material transition on the basis of risk hazards; for high/moderate-risk materials identify alternative materials
Qualify materials that do not face existential threats
How is the relative benchmarking of "existing" vs "alternative" materials? 
Gap analysis would be done to determine which alternative materials qualify as "technically fit" for further evaluation
Shortlisting of materials for next-phase based on views from industry participants, experts, frameworks, and FSX domain expertise 

Evaluate

Which are the broader alternative material pathways that should be considered and why?
Recycled materials 
Bio-based materials 
CO2 + H2 derived materials 
Low carbon footprint materials 
Which materials are most promising alternative materials and why? Apply KPIs through risk mitigation framework?
Upstream supply security (feedstock)
Conversion technology maturity
Technology scalability 
CO2 footprint
Price sensitivity 
Startups involvement 
Fragmented or consolidated supply network 
Which are the success stories or demand-pull risk for alternative materials from core or adjacent industries? 
Assessment of companies who have adopted alternative materials; adoption-experience 
Determine the demand-pull from adjacent industries which can cause sourcing issues 

Act

Which technologies (recycling/processing/conversion) are attractive for securing alternative materials? 
Critical assessment of CAPEX and OPEX cost
Technology acquisition pathway (via partners, direct investment)
How do you prepare a sourcing strategy for alternative materials? 
Best-fit supplier partners (detailed due-diligence)
Key countries for sourcing, price benchmarking
Is there a need for adopting "new business models" for securing access to feedstock or alternative materials? 
Build strategic alliance or invest into startups or diversify business into new spaces like waste management, recycling, access to forestry feedstock, etc. 
How attractive is the business case for alternative materials?
Competitive benchmarking
Total (TAM) vs achievable market 
Attractive markets (applications/countries)
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