CLIMATE HEADACHE
A climate headache is a challenge or dilemma defined by a conscious company, ready to be tackled by a brilliant
climate tech startup.
Do you have an idea, a product ready to be piloted, or a scalable startup?
At the 2030 Summit you get the opportunity to meet corporations seeking innovative technology solutions to their climate challenges. They aren’t looking for just any kind of climate tech – they’ve defined climate headaches that need remedies.
These corporations are available for 1:1 meetings at the 2030 Summit.
CLIMATE HEADACHES IN 2024
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Gjensidige
How can Gjensidige assist Norwegian homeowners with the green transformations of buildings and homes?
As Norway’s largest insurance company and insurer of one fourth of the Norwegian
housing stock, we have a key responsibility to promote energy efficiency and reduce
C02 emissions. Gjensidige wants to contribute towards the important goals under the Paris agreement – by cutting energy consumption in buildings until 2030 and aiming for zero-emission homes by 2050.
Today, 40% of energy usage in Norway comes from buildings. Additionally, over 65% of the housing stock has low energy labels (E, F, G). The EU has already introduced building energy performance directives that promote energy efficiency in housing, which will also apply to Norwegian homeowners. In line with this we expect that Norwegian homeowners will become more concerned about futureproofing their homes.
Why is this important for Gjensidige:
a) Loss prevention
We believe that energy labeling provides valuable insights into the condition of a house, and that energy efficient houses have lower probability of damage due to better maintenance, solid building material and insulation.
b) A greener house portfolio & impact
We assume that there will be a future reporting requirement related to C02 emissions from our house portfolio. Until then we want to be a proactive company that is forward-thinking and sets the standard for how large Norwegian companies can contribute to the green transition.
Gjensidige seeks to be a preventive problem solver for our customers and meet the
future customer need to make smart decisions related to energy installations in
buildings, and drive energy-efficient practices in homes. By tackling this challenge,
we can make a great impact by significantly reduce CO₂ emissions and enhance loss
prevention of Norwegian homes together.
Gjensidige
“How can Gjensidige best help farmers to take appropriate measures to cut climate emissions?”
As Norway’s largest insurance company and insurer of one-fourth of the Norwegian housing stock, we have a key responsibility to promote energy efficiency and reduce C02 emissions. Gjensidige wants to contribute toward the important goals of the Paris Agreement – by cutting energy consumption in buildings until 2030 and aiming for zero-emission homes by 2050.
Today, 40% of energy usage in Norway comes from buildings. Additionally, over 65% of the housing stock has low energy labels (E, F, G). The EU has already introduced building energy performance directives that promote energy efficiency in housing, which will also apply to Norwegian homeowners. In line with this, we expect that Norwegian homeowners will become more concerned about futureproofing their homes.
Why is this important for Gjensidige:
a) Loss prevention
We believe that energy labeling provides valuable insights into the condition of a house, and that energy-efficient houses have a lower probability of damage due to better maintenance, solid building material, and insulation.
b) A greener house portfolio & impact
We assume that there will be a future reporting requirement related to C02 emissions from our house portfolio. Until then we want to be a proactive company that is forward-thinking and sets the standard for how large Norwegian companies can contribute to the green transition.
Gjensidige seeks to be a preventive problem solver for our customers and meet future customer needs to make smart decisions related to energy installations in buildings and drive energy-efficient practices in homes. By tackling this challenge, we can make a great impact by significantly reducing CO₂ emissions and enhancing loss prevention of Norwegian homes together.
Oslo Kommune
How can the Oslo municipality encourage the reduction of peak loads from electric heating in large buildings?
How can the City of Oslo encourage residents to pursue energy efficiency?
By 2030, Oslo aims to reduce greenhouse gas emissions by 95 percent. To achieve this, energy use that depends on fossil fuels, such as trucks, construction machinery, and ships, will need to be electrified. This could potentially strain the power grid if a significant portion of this new electric consumption occurs simultaneously. The primary cause for high peak loads in Oslo currently is electric heating in buildings. If peak loads from such heating can be reduced, it would free up grid capacity for new electric consumption, like charging electric trucks, machinery, and ships.
Climate headache 1: "How can the Oslo municipality encourage the reduction of peak loads from electric heating in large buildings?"
In Oslo, buildings account for seventy-five percent of energy consumption. Over half of these buildings have an energy efficiency class of F or G (in a scale from A to G, where G is the worst).
This indicates a significant potential for improving energy efficiency. A large portion of these buildings are apartments and commercial buildings, rented out to businesses. Both types of buildings share a common issue: residents or businesses, do not usually have the ability to make significant modifications for energy efficiency, such as replacing windows or adding insulation.
Climate headache 2: “How can the City of Oslo encourage residents to pursue energy efficiency?”
What you need to know about us
There are three different procurement levels you should know about when presenting your ideas and solutions:
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100K NOK: The city can purchase a solution directly
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100K-1.3M NOK: The city is required to invite a minimum of 3 bidders to compete for the tender
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Over 1.3M NOK: The project must be announced on Doffin, the procurement database
Oslo municipality faces significant challenges in areas such as climate, health, digitalization, and mobility. The SmartOslo support scheme will help to solve these challenges in collaboration with businesses. Read more here for how to apply for support for test and development projects through SmartOslo. Link.
Veidekke
How can technology and innovation facilitate more accurate and easily accessible documentation from constructions?
How can technology facilitate documentation gathering from old buildings to promote reuse in new constructions?
Increased government restrictions and environmental focus have made reusing materials in construction vital. Veidekke Sirkulær found that documentation quality from old buildings greatly influences the reuse potential, with a lack of information leading to assumptions and risks during construction.
Important factors when assessing building materials include:
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The age of the building material.
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Documentation, such as certifications, approvals, or initial sale records.
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Information about how the material was treated during the deconstruction phase.
Even today's buildings lack vital information, and consolidating data from multiple IT tools into a single system is challenging.
We face two environmental challenges:
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How can technology and innovation facilitate more accurate and easy-accessible documentation from constructions?
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How can technology facilitate documentation gathering from old buildings to promote reuse in new constructions?
As a construction contractor, we understand the importance of accessible information for project predictability. We conduct reuse surveys to assess the state and usability of used building materials. When the construction phase is finished, we want to be able to hand over the information that is demanded and necessary in a user-friendly format, thereby facilitating the reuse of building elements in the best possible way.
The lack of information on the building materials affects different people during the different phases; personnel who conduct the reuse surveys, architects who try to implement reused materials into their sketches, the Client’s decision-making in what to reuse, the Contractor’s ability to reuse, and Contractor’s ability to make and systematize new documentation.
Posten Bring
How can Posten Bring best support small transportation suppliers with capturing climate data?
We have placed a strategic focus on reducing emissions from our supply chain. Sustainability reporting is following in the footsteps of financial reporting, and we want to take a broader role and contribute to improve efficient data capture and compile amongst small suppliers, foremost road transport operators.
The transportation sector is a key industry to decarbonise, however the nature of the industry challenges data accessibility and accuracy. A major challenge amongst small suppliers is lack of capacity and systems to efficiently capture- and share data. Today, we have approximately 16 000 suppliers whereas their characteristics varies largely. We need to efficiently capture accurate data on weight, distance, fuel consumption, and other vehicle characteristics from our >2000 transport suppliers. If the supplier can provide us with data at all, the format differs vastly from supplier to supplier. While only some can provide the raw data (weight, distance, fuel), others provide an estimated emission calculation - both often with little precision. This makes it challenging to compile data and consolidate an accurate climate account.
Due to a lack of user-friendly systems and solutions for our small suppliers, we spend a significant amount of time and resources on estimating their emissions. Insufficient data sharing is costly and challenges our ability to identify effective incentives to support the much-needed transformation of the sector. We have ambitious Science Based Targets and are committed to limiting global warming to 1.5 0 C in line with the Paris Agreement.
What you need to know about us:
Posten Bring is currently developing Science Based Targets (SBT) to become Net Zero by 2040. A core concern about how we can meet these ambitious targets and reduce emissions in our value chain is data availability and reliability. There are various opportunities available for piloting together with the Posten Bring group and our different business units. We have dedicated resources that will support and follow up pilots and potential procurements. Some of our business units are subject to the public procurement regulations, but these regulations offer considerable flexibility on smaller procurements.
Statkraft
“How can we efficiently facilitate varying quality of data input on GHG emissions from Statkraft’s supply chain?”
Statkraft is Europe's largest supplier of renewable energy. In all our operations we rely on our supply chain, both to carry out work on behalf of us or supply us with equipment and materials. Today, most of our market segments, both geographical and industry segments, can deliver high quality CO2-data (verified EPDs). However, we struggle in processing and harmonizing the massive amount of data provided in various formats in a way where it can be aggregated to Statkraft figures without having to make massive changes in our existing IT infrastructure or adding new, additional tools.
Both Statkraft sustainability procurement, corporate reporting and our local sustainability teams are affected by this challenge.
Fremtind
How can Fremtind get its homeowners to upgrade their homes with measures related to energy efficiency, climate adaptation, maintenance and damage prevention?
Climate change creates challenges for Fremtind. We are affected by increasingly frequent and more extensive extreme weather and natural events. The changes will increase the risk associated with stormwater, storm surges, floods and landslides.
According to a study from Menon Economics, Fremtind and Finans Norge, the estimated expected socio-economic cost (lost values, resource use and loss of welfare) of weather- and natural hazard-related events in Norway at NOK 5.5 billion per year. The expected cost is estimated to increase to NOK 19 billion per year in 2100, with the current level of efforts to reduce weather and natural hazards.
Climate change will cause loss of life and will result in people moving from home to home. These socio-economic costs will be particularly high if we do not adapt more, faster and better than we do today.
In Fremtind, water damages accounts for approximately half of all damages to private homes and accounts for more than half of all payments to home damages. Norwegian home owners are very interested in taking care of their home when it comes to how it looks. Home owners spend 100 billion NOK each year, but almost
everything goes to cosmetic upgrades such as new colours and new tiles. They want to have a nice home, but they also know that the value of their home will increase with cosmetic upgrades. Even though we know what measures home owners should implement in order to secure their home and adapt to a wilder climate, it is very difficult to get home owners to prioritize spending money on implementing different measures rather than cosmetic upgrades.
Energy efficiency in housing is a multidimensional approach that serves both the environment and the economy. It can help reduce electricity costs, increase comfort for residents, and plays a critical role in meeting climate targets. A fair transition ensures that all sections of society can enjoy the benefits of a low-carbon economy, without bearing a disproportionate share of the burden. It emphasizes the importance of inclusive policies that support sustainable development and social justice.
What you need to know about us:
Fremtind is one of the largest insurance companies in Norway and distribute insurance products and services through DNB and SpareBank 1. We are currently in a process of merging our company with Eika Forsikring. When the merger is finalized we will distribute our products and services to 65 banks in all parts of Norway, and will become market leader within insurance for personal customers in Norway.
Climate adaptation and prevention are high on the agenda throughout the company, it is part of our strategy and goals and is something that we are currently working on and will work more closely with in the coming months and years.
Nye Veier
How can Nye Veier develop more climate adapted roads and prevent, reduce and predict hazards?
We want to solve a climate headache related to climate adaptation for existing and future road infrastructure. The climate is changing, which affects the risks and frequencies of landslides, torrential rain, flooding and avalanches.
Current solutions are often costly i.e. building expensive tunnels, bigger or longer roads, using more materials and increased land use. Therefore, there is a need for more and better knowledge for decision-making: What are the right climate adaptation measures in the different locations? How can we utilize historical empirical data, produce local, real-time and contextual information, as well as analyze trends and scenarios of future climate change?
What you need to know about us:
Nye Veier AS plans, builds, and maintains the roads. We are expected to solve the issue of climate adaptation and provide safe, dependable, and sustainable road infrastructure.
Local communities, businesses and transport companies are affected both economically, emotionally and physically (injuries and death). We want to reduce the risk of accidents and impacts on our road infrastructure, make the roads more secure and increase the road-users actual and perceived safety, prevent unnecessary road closures, in a most cost-effective manner. Solutions may be found in all phases of planning, building and maintenance.
Equinor
How can Equinor utilize the abundance of inspections data generated to better and more accurately detect corrosion?
Corrosion poses a threat to structures, pipes, and vessels, and currently, new inspection methods generate extensive data for analysis. However, the current use of image analysis is hindered by a shortage of reliable learning algorithms capable of accurately detecting corrosion severity. This results in significant manual effort, leading to high costs, time inefficiencies, and reduced effectiveness. To address this challenge, there is a need for analytical models trained with machine learning to enable efficient and automated categorization of corrosion risk.
What you need to know about us:
Equinor is a broad energy company with a strong commitment to the Energy Transition. As an energy giant, we understand that we have the power to impact and drive the energy industry in a positive direction, and our ambition to be net zero by 2050 showcases this commitment. However, to reach our ambitions and drive them further, we need to innovate and implement new technologies at scale to ensure that the energy transition occurs.
We look towards the global innovation ecosystem to source innovative companies that can partner with us to advance the energy transition.
GC Rieber
TBA
CGG
TBA
Climate Headaches in 2023
