MIT Climate and Sustainability Consortium Aims to Accelerate Large-Scale Implementation of Climate Solutions

Strategic Insights -

The World Business Council for Sustainable Development has launched the MIT Climate and Sustainability Consortium, an alliance of leaders from diverse industries, aiming to accelerate the implementation of climate solutions. The consortium brings together influential companies with MIT to build a strategy for environmental innovation, fostering collaboration across sectors to meet the urgency of climate change. The goal is to drive down costs, lower barriers to adoption of best-available technology, and speed the retirement of carbon-intensive equipment.

Key Takeaways:

  • The MIT Climate and Sustainability Consortium is an alliance of leaders from various industries, including aviation, agriculture, consumer services, electronics, chemical production, textiles, infrastructure, and software.
  • The consortium aims to accelerate the implementation of large-scale, real-world solutions to address the threat of climate change, with a focus on driving down costs and lowering barriers to adoption of best-available technology.
  • Inaugural member companies include Accenture, Apple, Boeing, Cargill, Dow, IBM, Inditex, LafargeHolcim, MathWorks, Nexplore (Hochtief), Rand-Whitney Containerboard, PepsiCo, and Verizon, all committed to working together to tackle the climate challenge.
  • The MIT Climate and Sustainability Consortium is led by Jeffrey Grossman, director, and Elsa Olivetti, associate director, with a steering committee comprising faculty from MIT's schools and the MIT Stephen A. Schwarzman College of Computing.
  • The consortium will work closely with every corner of MIT, engaging students, faculty, and researchers in the effort to address the climate emergency.

Statistics:

  • The consortium brings together companies from 9 different industries.
  • The inaugural member companies have a combined global presence and expertise in sustainability, technology, and innovation.
  • The MIT Climate and Sustainability Consortium has the potential to impact over 40 industries worldwide.
  • The consortium aims to drive savings of billions of dollars in costs through the adoption of best-available technology.

Sources:

  • World Business Council for Sustainable Development
  • MIT Climate and Sustainability Consortium