The window to limit global warming to 1.5°C is closing rapidly. In this scenario, accelerating the decarbonization of industry – responsible for 30% of global greenhouse gas (GHG) emissions – is more urgent than ever. However, the current pace and scale of emissions reduction remain insufficient. While companies are adopting measures to cut emissions, barriers to buy-in, carbon calculation, mitigation across value chains and green business growth hinder their efforts.