Global professional services firm Deloitte announced today the launch of GreenSpace Tech, a new offering aimed at helping clients to identify, advance and deploy climate tech solutions to pursue their sustainability and decarbonization goals.

According to Deloitte, the new initiative will connect businesses with an ecosystem of climate technologies and innovators, helping them to navigate the rapidly changing climate tech landscape, select the right technologies for their needs, and quickly track, develop and deploy solutions.

GreenSpace Tech global leader and Deloitte Australia Partner Andrea Culligan said:

“GreenSpace Tech has a clear role—allowing organizations to pinpoint the top climate technologies globally and work with innovators and organizations alike to deploy them at scale—thereby enabling businesses to fast track their decarbonization agenda, by selecting and investing in the right technologies to drive and scale impact.”

The new offering comes as technology is anticipated to be a key enabler of the net zero transition, yet many solutions remain in early phases of development, and innovators often find themselves challenged to scale their technologies within larger enterprises. Under the new initiative, Deloitte will act as an orchestrator to connect start-ups, research institutes, incubators, accelerators and universities to industry, helping clients to invest in future solutions and to deploy existing ones.

Jennifer Steinmann, Deloitte Global Sustainability & Climate practice leader, said:

“Collaboration is crucial to successfully unlocking the potential of a decarbonized society. GreenSpace Tech allows clients across sectors to swiftly tap into the existing sustainability ecosystem to find leading technology partners and supports organizations in scaling these solutions to help achieve their sustainability goals.”

The initiative follows the launch last year by Deloitte of its Global Sustainability & Climate practice, with plans to invest $1 billion to enhance the firm’s capabilities, assets and services to support clients and address sustainability-related needs. The practice supports the firm’s clients in redefining their strategies, embedding sustainability into their operations, meeting tax, disclosure and regulatory requirements, and accelerating their organizational and value chain transformation.

Deloitte Global CEO Joe Ucuzoglu said:

“There is a tremendous opportunity for the business community to lead as we chart a responsible path to a decarbonized economy. Deloitte is committed to being at the forefront of emerging climate technology to help advance this societal imperative and accelerate organizations’ progress toward decarbonization.”