Six Businesses Launch Corporate Coalition for Innovation & Technology toward Net Zero

Corporate Coalition for Innovation & Technology toward Net Zero (CCITNZ) to partner with governments, international organizations and others in industry to help countries meet decarbonization and climate change goals.

A coalition of six global companies announced the public launch of the Corporate Coalition for Innovation & Technology toward Net Zero (CCITNZ), a cross-sector business alliance dedicated to helping countries meet decarbonization and climate change goals through innovation and technology. CCITNZ has been working behind the scenes since its creation in late 2021.

CCITNZ intends to serve as an accelerator for industries across sectors and geographies to innovate and develop breakthrough technologies to help achieve these goals. Founding members include Bechtel, GE, GM, Honeywell, Invenergy and Johnson Controls.

The objectives of CCITNZ include:

• Innovation and Technology: Promote concrete, practical and cost-effective technology solutions to tackle emissions and decarbonization challenges;
• Partnership: Promote strong partnerships with stakeholders in the private, public and social sectors across international venues and forums to enable solutions beyond what any one stakeholder can realize;
• Energy Security: Partner with governments and other stakeholders to advance energy security, decarbonization and sustainable development needs;
• Policy: Support sound public policies that are consistent with improving environmental effectiveness and foster innovation; and
• Resource: Provide expertise and thought leadership to governments and other stakeholders on technology and innovation as they seek to achieve their decarbonization and climate change goals.

“CCITNZ provides a forum and network to help to develop solutions that help governments and other customers to reduce emissions and achieve their climate goals,” said Stu Jones, Bechtel’s president of regions and corporate relations. “We have a successful test case here in Egypt. The collective commitment we bring can be a resource, especially to emerging economies.”

“We are at an inflection point when it comes to our planet’s health. Buildings account for 40% of the world’s greenhouse gas emissions, so it is clear that we have to act now.” – Katie McGinty, Johnson Controls’ vice president and chief sustainability and external relations officer.

“The ‘Implementation COP’ is the perfect venue to launch CCITNZ as Egypt is showcasing how countries are putting promises into action and delivering on the commitments made at COP26,” said Roger Martella, GE’s chief sustainability officer. “CCITNZ will play a pivotal role in advancing the technology and innovation needed to reach net zero.”

“GM is proud to join CCITNZ as we work to drive from commitment to action,” said Kristen Siemen, GM’s chief sustainability officer. “We look forward to strengthening our relationships with this coalition of diverse stakeholders as we help build the infrastructure the world needs to meet our collective climate goals.”

“We are proud to be a part of the CCITNZ coalition and help industries and nations around the world achieve their near- and long-term decarbonization goals,” said Ben Driggs, Honeywell’s president of global high growth regions. “This initiative reflects the aim of COP27 to drive meaningful action against sustainability pledges being made around the world and highlights the clear benefit of cross-industry partnership in support of these goals.”

“We are living in an exceptional time defined by unprecedented levels of focus on and investment in the global transition to clean energy,” said Jim Murphy, Invenergy’s president and corporate business leader. “Our collective impact and efforts are the key to reaching global net zero goals, and Invenergy is proud to join our CCITNZ partners and share its expertise as a leading clean and renewable energy developer with global leaders who share our common vision for a sustainable world.”

“We are at an inflection point when it comes to our planet’s health. Buildings account for 40% of the world’s greenhouse gas emissions, so it is clear that we have to act now. The good news is technology exists now to check climate change while growing economies and bringing prosperity, health and well-being for all,” said Katie McGinty, Johnson Controls’ vice president and chief sustainability and external relations officer. “At Johnson Controls we are committed to working across industries and governments to deliver progress on climate change in a way that lifts everyone up and works for people all around the world. We are pleased to amplify our effort as a member of the CCITNZ coalition and support its mission to advance the innovation and partnerships needed to reach net zero.”