Nordic Talks: Scaling circularity in the automotive industry
The automotive industry, which currently contributes for 10% of the world’s carbon dioxide emissions, must embrace life cycle decarbonization to meet the goal embodied in the Paris Agreement’s net-zero target.
Electrification is not the sole answer to the decarbonization challenge, achieving the full potential of automotive decarbonization requires an equal focus on materials production.
Circular Economy measures, including vehicle sharing, smart charging, refurbishing, repurposing, and recycling, are effective measures to lower lifecycle environmental footprints and costs. However, creating business value from circularity is challenging for most solutions today, as they require further industry alignment and joint development of standards. Therefore, cross-value chain partnerships and collaboration are crucial.
This Talk aims to address the pressing need for sustainability within the automotive industry, share insights/experience and discuss strategies and innovations that are vital for reducing carbon emissions and fostering sustainable practices throughout the automotive supply chain.
Examples of questions to be addressed in the Talk:
- Which processes should we priorities as we transform in the direction of sustainability?
- How can we implement sustainable solutions such as a circular economy and battery recycling?
- How can we create transparency along the supply chain?
Why the Nordics:
Sustainability: The Nordic countries have a strong commitment to sustainability and environmental topics. They are known for implementing progressive policies and initiatives to address climate change, promote renewable energy sources, and achieve carbon neutrality.
Trustworthiness: The Nordic countries are widely recognized for their integrity, transparency, and adherence to ethical practices. This fosters trust among international partners and investors, making the region a reliable and credible destination for collaboration and business opportunities.
Design and Innovation: The Nordic region represents an identity rooted in a legacy of design and innovation with an emphasis on functionality and user-centricity. A combination of user focused design, technology, pioneering urban planning, and ambitious sustainable practices contributes to the hallmark of the Nordic brand within mobility.