Accenture Collaborates With Climeworks To Help Filter Carbon Dioxide and Fight Climate Change

Originally published at newsroom.accenture.com. Accenture ranked No. 2 on The DiversityInc Top 50 Companies for Diversity list in 2021.

 

Accenture has developed a digital plant solution for Climeworks that supports the company in removing carbon dioxide (CO2) from the air more efficiently. The digital plant solution is part of a multi-service collaboration between Accenture and Climeworks and spans strategy, design, digital engineering, technology and cloud.

Climeworks, a global leader in direct air capture, offers carbon dioxide removal as a service to companies and individuals. Its newest plant in Iceland, called “Orca,” will capture 4,000 tons of carbon dioxide per year, making it the world’s largest climate-positive facility to date. The CO2 is put into underground storage provided by Carbfix, where it will turn into stone in less than two years.

Accenture and Climeworks began working together after leaders of the two companies met on a panel discussion at the World Economic Forum in 2018. By then, Climeworks was well on its way to scaling its technology. Accenture offered to collaborate with the company on the next stages of its growth. A team of Accenture volunteers was formed to help Climeworks, later becoming part of the Accenture Development Partnerships program, which supports organizations working for good to positively impact the world.

“Our vision is to inspire one billion people to remove carbon dioxide from the air,” said Daniel Egger, chief commercial officer, Climeworks. “To bring it to life, we keep strengthening our offering for consumers and corporate clients – and Accenture has been playing a key role.”

Stéphane Piqué, who leads Accenture’s work for Climeworks and Accenture Industry X in Switzerland, said, “We began collaborating with Climeworks because we believe in their mission. It quickly became clear that Accenture could provide value in key areas of this exceptional company. The work we’ve done is a testament to making sustainability our greatest responsibility, and helping clients infuse it across their businesses. We’re looking forward to continuing to contribute to Climeworks’ success – for the next generation and ourselves.”

Accenture is supporting Climeworks’ fight against climate change across the following areas:

  • Strategy and Go-to-Market – Accenture industry and sustainability experts supported research in key business areas such as: What are the use cases for CO2 capture? In which industries and markets can it be sold? Is the Climeworks offering compelling to customers and corporate clients?
  • Ecosystem – Accenture introduced Climeworks to a broad set of clients and alliance partners interested in CO2 removal technology. This was instrumental in, for example, starting Climeworks’ relationship with Microsoft, which is now both an investor and client.
  • Design – designaffairs, part of Accenture, designed Climeworks’ new plant in Iceland to represent the symbiosis of nature and technology that Climeworks’ direct air capture stands for. The plant was named a 2021 winner of the prestigious “Green Good Design Award.”
  • Digital Engineering – The digital plant solution, engineered by Accenture’s Industry X group, allows Climeworks to monitor and detect anomalies in the CO2 removal process in real-time. These insights enable Climeworks to adjust the plant to factors like weather conditions and optimize its energy consumption. For example, the solution reduces the efforts needed to collect and evaluate operational information by approximately 50%. It also shortens the time from data-recording to reporting of key performance indicators by about a factor of 100.
  • Technology and Cloud – While the digital plant solution is already running on the Microsoft Azure cloud platform, Avanade, a joint venture between Accenture and Microsoft, is supporting Climeworks in moving its IT systems to the cloud, including its journey-to-cloud strategy and migration roadmap.

Latest News

multi race business woman

New Report Shows Significant Increase in Female and Black Representation in the Executive Boardroom

Diversity and inclusion appear to be successfully increasing among America’s largest and most successful companies. The finding comes from a new report conducted by executive recruiting firm Crist Kolder Associates as part of its review of DEI representation in executive offices. Ariel Zilber of the New York Post reported that…

Taco Bell

Taco Bell Creates Business School To Help Underrepresented Groups Become Franchise Owners

Taco Bell and the popular fast-food chain’s owner Yum! Brands have entered the DEI arena with a new business school designed to help people of all backgrounds — and people of color in particular — advance into restaurant ownership. Jonathan Maze of Restaurant Business reported that “a select group of…

LGBTQ dog tags

US Government Will Now Allow Veterans To Identify As Trans on Veteran Affairs Medical Records

In another giant leap forward for LGBTQ+ rights and equality in the military, the federal government has announced that military veterans can now officially identify as trans in their official medical records. Brody Levesque of the Los Angeles Blade reported that Veterans Affairs Secretary Denis McDonough has confirmed that veterans…

Comcast NBCUniversal’s NBCU Academy Partners With 13 New Academic Institutions

Originally published at corporate.comcast.com. Comcast NBCUniversal ranked No. 6 on The DiversityInc Top 50 Companies for Diversity list in 2021.   NBCU Academy, NBCU News Group’s multi-platform journalism training and development program, significantly expanded its reach to 30 institutions by adding 13 new partners, NBCU News Group Chairman Cesar Conde announced. The new…