Accelerating the journey to net zero

Exhibit 3 Companies can build the business case for net-zero offerings by factoring a green premium into costs curves.

Illustrative marginal abatement revenue and cost curve for net-zero offerings

300

Not profitable

Without green premium

200

Abatement cost, € per ton of CO2 equivalent

100

0

–100

–200

Profitable

0

20

40

60

80

100

Abatement, % of total carbon abatement

Abatement, % of total

22

78

Profitable

Not profitable

300

Not profitable

With green premium

200

Abatement cost, € per ton of CO2 equivalent

100

0

–100

–200

Profitable

0

20

40

60

80

100

Abatement, % of total carbon abatement

Abatement, % of total

85

15

Profitable

Not profitable

McKinsey & Company

well as ensuring carbon transparency across the value chain. For example, to decarbonize electricity at its plants and realize its goal

long-term partnerships with suppliers to derisk procurement and substitute high-emissions inputs with low-emissions inputs is key, as

Accelerating the journey to net zero

73

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