The challenge
Net zero demands more than one breakthrough. We've built four.
The International Maritime Organization (IMO) has set a target to cut shipping’s greenhouse gas (GHG) emissions by 20 to 30 percent by 2030. Governments worldwide are introducing carbon pricing and stricter emissions standards for power generation and heavy industry. The companies that act now will lead their sectors — those that wait will face rising costs. We have developed four key technology areas to help our customers stay ahead: retrofits that extend the lifetime and reduce emissions of existing assets, carbon capture that removes unavoidable emissions, engines designed for the fuels of tomorrow, and large-scale heat pumps that replace fossil-based heating.