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Corporate Sustainability initiatives are no longer nice to have, they are a necessity.

Accelerate to net zero with AspenTech hydrogen solutions, supporting digitalization to accelerate innovation, execution and scaling of green hydrogen projects across the value chain, from renewables to hydrogen production, to storage and hydrogen delivery to end use.

The hydrogen economy has been gaining momentum in North America for the past two years, and this has only accelerated as the U.S. Department of Energy begins to implement the incentives provided in the recent IRA legislation.

Paige Marie Morse, Sustainability Advisor for AspenTech, reflects on the bill's impact one year later

Going forward, digitalization will play key roles in the continued development and scaling of the next generation of sustainability technologies.

Earlier this year, AspenTech announced that its process simulation and optimization expertise was being integrated with BPCL’s real-time crude assaying platform.

Across the globe, leading organizations are embracing and implementing advanced digital technologies and the industrial metaverse. This industrial digital transformation journey will change the nature of asset intensive industries, particularly the energy and chemicals businesses. In that context, digital twins — virtualized copies of physical assets and their operating behaviors — will play key roles.

Chemical manufacturers are facing a dual challenge with global demand increasing. On one hand, chemical production has to increase to address the growing demands of a growing global population. On the other hand, the industry is facing a climate and an environmental crisis.

Industry leaders have committed to achieving net zero carbon emissions. For many this will require a shift in operations—moving away from yearly emissions reporting to becoming more transparent in their efforts. Many are turning to advancements in technology for real-time visualization of emission data across the entire organization.

The race to a zero-carbon future is on. Global oil and gas, petrochemical and chemical companies have announced ambitious carbon mitigation, plastics re-use and water conservation targets. Carbon capture and storage (CCS) and carbon capture and utilization (CCU) are key technologies to help companies reach their sustainability goals.