Source: Accenture Analysis

Hydrocarbonextraction

Power

6.7

15.4

2050 business-as-usual Improvement

Light vehicles 5.8

Aviation 1.8

Heavy roadtransport 4.6

Industry 12.6

Buildings 3.8

Shipping 1.7

93%

86%

71%

63%

78%

80%

72%

73%

0.5

2.2

2050 stretch

1.7

0.7

1.0

2.6

1.1

0.5

The Decarbonization Specialist

The Energy Major The Low-Carbon Solutions Leader

Hydrocarbon production

Clean fuels production

Renewables / clean power

Clean fuels technologies

Emissions solutions

Demand solutions

Today

Core focus Additional focus None

Looking to the low-carbon future, we believe there are three— and only three—archetypal roles that oil and gas companies can play during the Decarbonization Transition and beyond.

Shifts to reduce emissions from 2050 business-as-usual to 2050 stretch

Destination decarbonization

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Decarbonizing Energy: From A to Zero

The race to decarbonize the oil and gas industry, and embrace a positive energy future, is on.

Accenture has created a “stretch case” scenario demonstrating what we believe is possible, realistic and within reach. Only by architecting actions in the eight most energy-dependent sectors can oil and gas companies hope to mitigate emissions.

Are you ready to make the move to a positive energy future?

The archetypes: Three future power plays

Energy-related CO2 emissions = ~40 GT/year

65 percent of these emissions, about 26 GT/year, is related to oil and gas.

20 percent of the industry’s CO2 emissions are from extraction, processing,transportation and refining activities.

80 percent are released at the point of consumption.

65%

20%

80%

We call it positive energy.

www.accenture.com/DecarbonizingEnergy

The 2015 Paris Agreement. Calls from environmental activists, consumers, regulators and investors to eliminate emissions. Dwindling demand growth. Overabundant oil and gas supplies. Lackluster shareholder returns.

Together, these factors have created an existential crisis for the oil and gas industry. Survival means curbing the emissions trajectory to net-zero by 2050. To thrive in the new low-energy landscape, requires radical changes.

Starting now.

Catalysts for change