Hexagon Unveils Decarbonation Confidence Index Research Report for Asia-Pacific

Hexagon, a global leader in digital reality solutions, has released its Decarbonisation Confidence Index Research report for the Asia-Pacific region.

Vital and heavy industries including oil and gas, chemicals, power, construction and infrastructure, face enormous pressure to demonstrate meaningful decarbonising action.

The report, issued by Hexagon’s Asset Lifecycle Intelligence division, covers the constraints and opportunities for organisations to fulfil their ESG/sustainability commitments.

The Decarbonisation Confidence Index Research report is a confidence index as a leading indicator to action rather than a sustainability report calling for net zero. It is a reality check on the thought leaders trailblazing on the question of “How” when it comes to decarbonisation efforts.

Hexagon conducted qualitative and quantitative research as part of its findings, engaging with 112 senior leaders across six markets – Australia and New Zealand, Indonesia, Japan, Malaysia, Singapore, and South Korea – in the Asia-Pacific region.

The report focuses on six priority areas of investigation, which collectively represent the scope of sentiment namely: Regulation & Legislation, Partnership, Technologies, Talent, Capital and Operational Excellence.

The research reveals that APAC industry leaders proactively spearhead innovation through investment in technologies, asset development, and distribution infrastructure at an accelerated speed.

However, adopting new or emerging technologies, access to capital investments, compliance with future regulatory policy and talent is challenging velocities toward net zero. At the same time, there was a variation of sentiment across markets, the three areas where confidence was consistently lacking related to market regulation, new technologies, and access to talent.

“Sustainability is a priority for Hexagon and an integral part of our strategy and how we conduct business globally,” said Fabio Yada, Senior Vice President, Asia-Pacific at Hexagon’s Asset Lifecycle Intelligence division. “We recognize decarbonisation is a complex process with many factors involved. It takes time and won’t happen overnight; however, there is clear momentum behind the sustainability transformation, and this report highlights the desire by Asia-Pacific companies to accelerate their decarbonisation efforts.”

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