Leadership Group for Industry Transition

What Leadership Group for Industry Transition does

Leadership Group for Industry Transition (LeadIT) is a multilateral policy initiative launched in 2019 by the governments of India and Sweden at the UN Climate Action Summit, focused on achieving net-zero emissions from heavy industries (steel, cement, transport) by 2050. LeadIT is not a commercial enterprise: it operates as a public-private collaboration platform, co-chaired by India and Sweden, with the World Economic Forum on its Management Board, and its Secretariat is hosted by the Stockholm Environment Institute (SEI) in Stockholm. It is funded through government contributions and grants from the Swedish Energy Agency and India's Department of Science and Technology, with no membership fees charged.

LeadIT's core products are three publicly available tracking tools — the Green Steel Tracker (monitoring low-carbon primary steelmaking projects globally, updated three times per year, developed with Lund University and Global Energy Monitor), the Green Cement Technology Tracker (tracking carbon capture and calcined clay technologies, updated twice per year, developed with GCCA and UN Climate Change High-Level Champions), and the Industry Transition Roadmap Tracker. Beyond these tools, LeadIT 2.0 (launched at COP28 in December 2023) operates through three strategic pillars: the Global Forum for Just & Equitable Transition, Technology Transfer & Co-Development, and Industry Transition Partnerships (including the India-Sweden ITP and the Brazil-UK Industry Hub).

LeadIT's "members" are not customers in the commercial sense — they are 19 country governments and 32 companies that have applied and been approved to join the initiative. Its go-to-market is anchored in high-level political dialogue, annual LeadIT Summits at COP, bilateral summits (India-Sweden, India-Nordic), policy roundtables, and knowledge sharing. The initiative generates awareness through LinkedIn, a quarterly newsletter, the website, and flagship events at COP. Customer outcomes are measured in policy commitments and project launches rather than revenue, with member companies including SSAB, LKAB, Vattenfall, Tata Steel, Holcim, Salzgitter, Volvo, Skanska, and JSW Steel, among others.

Name

Leadership Group for Industry Transition

Legal name

Leadership Group for Industry Transition

Website

https://industrytransition.org

Company type

Private

Founded year

2019

Operating status

Operating

Short description

LeadIT is a multilateral policy initiative co-chaired by India and Sweden, hosted by the Stockholm Environment Institute, that unites 19 country governments and 32 companies to decarbonize heavy industry (steel, cement, transport) by 2050 through public-private partnerships, trackers, and knowledge sharing.

Ownership category

akta.pro rank

Headquarters

HQ city

Stockholm

HQ country

Sweden

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Membership and grant funding: LeadIT operates as a high-level government-business initiative with no commercial revenue model. It is funded through government contributions (Sweden and India co-chair the initiative) and is managed by a Secretariat hosted at the Stockholm Environment Institute (SEI). No membership fees are charged. Activities including the India-Sweden Industry Transition Partnership receive grants from agencies such as the Swedish Energy Agency and India's Department of Science and Technology.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels10 records

Core offering

LeadIT convenes 19 country governments and 32 companies in a public-private platform for heavy industry decarbonization, organized around LeadIT 2.0's three pillars: Global Forum for Equitable Industry Transition, Technology Transfer & Co-Development, and Industry Transition Partnerships. Its primary deliverable is three publicly available trackers — Green Steel Tracker, Green Cement Technology Tracker, and Industry Transition Roadmap Tracker — plus the India-Sweden Industry Transition Partnership, sector working groups, training programs, and annual summits at COP.

Product overview

LeadIT (Leadership Group for Industry Transition) is a global policy initiative launched by Sweden and India in 2019, now operating as LeadIT 2.0 (launched December 2023). The organization unites governments and companies to achieve net-zero emissions from heavy industries by 2050. Its core offerings include the Green Steel Tracker and Green Cement Technology Tracker (developed with Lund University, Global Energy Monitor, and GCCA respectively), the Industry Transition Roadmap Tracker, and the India-Sweden/Brazil-UK Industry Transition Partnerships. LeadIT 2.0 operates through three strategic pillars: Global Forum for Equitable Industry Transition, Technology Transfer & Co-Development, and Industry Transition Partnerships. The initiative also provides analysis publications, annual summits at COP, and secretariat services hosted by SEI. Ecometrix, a member company, offers AI-powered environmental data tools for decarbonization support.

Differentiator

Problem solved

Functional benefit

Brands

• LeadIT: Leadership Group for Industry Transition - the primary operating name and abbreviation for the organization
• LeadIT 2.0
• Green Steel Tracker
• Green Cement Technology Tracker

Products and services

• Green Steel Tracker Publicly available dataset and map tracking climate-aligned investments in low-carbon primary steelmaking globally, covering projects achieving at least 85% emissions reduction (below 300 kg CO2 per tonne of steel). Developed in collaboration with Lund University and Global Energy Monitor and updated three times per year for governments, industry, researchers, and investors.
• Green Cement Technology Tracker Public tracker monitoring carbon capture technologies and calcined clay kiln units for cement decarbonization globally, updated periodically (most recently May 2026). Developed jointly by LeadIT and the Global Cement & Concrete Association (GCCA) with UN Climate Change High-Level Champions, for governments, cement industry stakeholders, researchers, and investors.
• Industry Transition Roadmap Tracker Public tracker providing transparency to the decarbonization plans of different countries and sectors, monitoring progress toward net-zero emissions across LeadIT member jurisdictions and heavy industry sectors.
• India-Sweden Industry Transition Partnership (ITP) North-South partnership under LeadIT's Pillar 3 that accelerates heavy industry transition in India and globally through four pillars: stronger cooperation between government and industry; building and testing pioneering clean technologies on the ground; sharing know-how through site visits and training; and mobilizing finance for green industrial projects. Working groups cover steel, cement, and transport decarbonization.
• LeadIT 2.0 Initiative The second phase of the Leadership Group for Industry Transition, organized around three strategic pillars: Global Forum for Equitable Industry Transition, Technology Transfer & Co-Development, and Industry Transition Partnerships. Open to governments and companies committed to Paris Agreement alignment.
• LeadIT Annual Summit Annual high-level summit held at each COP (UN Climate Change Conference), bringing together country members, company members, and stakeholders for dialogue, announcements, and progress review on heavy industry decarbonization.
• LeadIT Five-Year Report Comprehensive report launched at COP29 documenting LeadIT's progress, key achievements, and lessons learned over the 2019-2024 period for member governments, companies, and the public.
• LeadIT Analysis Publications Research and analysis publications covering industry transition topics including green steel momentum, decarbonization barriers, policy recommendations, and sector-specific insights, organized across categories: Countries & Regions, Finance & Trade, Industry & Sectors, Innovation & Technology, Policy & Politics, and Programmes & Initiatives.

Quantifiable outcome

• LeadIT 2.0 was launched at COP28 in Dubai in December 2023 with a new India-Sweden Industry Transition Partnership.
• +4 more outcomes

Named customers15 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature3 records

Partnerships

21 partnerships are on record, tiered flagship, core and minor.

• India-Sweden Industry Transition Partnership (ITP)flagshipStrategic or Co-development Partner · 1 December 2023Launched at COP28 in Dubai in December 2023 by Prime Ministers Narendra Modi and Ulf Kristersson, the India-Sweden Industry Transition Partnership (ITP) is a North-South partnership under LeadIT's Pillar 3. It aims to accelerate the transition of heavy industry in India and globally through four pillars: stronger cooperation between government and industry; building and testing pioneering clean technologies on the ground; sharing know-how through site visits and training; and mobilizing finance for green industrial projects. At its inaugural meeting in New Delhi in April 2024, working groups were established to deliver accelerated industry decarbonization. The ITP was expanded in April 2026 to include transport as a core focus area.
• WIPO GREENcoreStrategic or Co-development PartnerLeadIT collaborates with WIPO GREEN, an online platform for technology exchange that connects providers and seekers of green technologies, facilitating the transfer and co-development of clean industrial technologies.
• Brazil-UK Industry HubcoreStrategic or Co-development PartnerPart of LeadIT Pillar 3 (Industry Transition Partnerships), the Brazil-UK Industry Hub supports emerging economies in accelerating industry transition through coordinated technical and financial partnerships, similar to the India-Sweden ITP.
• HYBRIT (Hydrogen Breakthrough Ironmaking Technology)flagshipStrategic or Co-development PartnerHYBRIT is a joint venture between SSAB, LKAB, and Vattenfall (all LeadIT founding members) that has developed a new steelmaking process replacing coke and coal with fossil-free hydrogen and electricity. Following successful pilot trials, full-scale construction began in Luleå, Sweden in September 2025. Target: 2.5 million tonnes of fossil-free steel annually by 2029. The project has the potential to reduce Sweden's total CO2 emissions by at least 10%.
• Stockholm Environment Institute (SEI)coreStrategic or Co-development PartnerThe LeadIT Secretariat is hosted by the Stockholm Environment Institute (SEI), which manages the day-to-day operations of the Leadership Group, provides administrative infrastructure, and contributes research and analytical capacity.
• World Economic ForumcoreStrategic or Co-development PartnerThe World Economic Forum serves on the LeadIT Management Board alongside the governments of India and Sweden, providing strategic oversight of the initiative's direction and connecting LeadIT to global policy and industry networks.
• Global Energy MonitorcoreStrategic or Co-development PartnerLeadIT collaborates with Global Energy Monitor on the Green Steel Tracker, which monitors low-carbon steel investments globally. Global Energy Monitor contributes technical data and analytical expertise to the tracker.
• Lund UniversitycoreStrategic or Co-development PartnerLeadIT partners with Lund University on the Green Steel Tracker, contributing academic research and methodological rigor to the tracking of climate-aligned steel investments.
• Global Cement & Concrete Association (GCCA)flagshipStrategic or Co-development PartnerLeadIT and GCCA jointly developed the Green Cement Technology Tracker, launched in July 2023. The tracker monitors carbon capture technologies and calcined clay kiln units for cement decarbonization globally, in collaboration with UN Climate Change High-Level Champions.
• UN Climate Change High-Level ChampionscoreStrategic or Co-development PartnerLeadIT collaborates with UN Climate Change High-Level Champions on the Green Cement Technology Tracker, aligning the tracker with broader UN climate action frameworks and increasing visibility of cement decarbonization efforts.
• Swedish Environmental Protection AgencyminorStrategic or Co-development PartnerCollaborated with LeadIT in May 2026 on a knowledge-sharing workshop on carbon markets and carbon pricing, in partnership with the Indian Bureau of Energy Efficiency.
• Indian Bureau of Energy EfficiencyminorStrategic or Co-development PartnerPartnered with LeadIT and the Swedish Environmental Protection Agency on a knowledge-sharing workshop on carbon markets and carbon pricing in May 2026.
• Engage IndiaminorGTM or Marketing PartnerLeadIT partners with Engage India for annual sessions at Almedalen Week in Sweden, bringing together industry members, researchers, and civil society to explore industry transformation and AI topics.
• Governments of India and Sweden (co-chairs)flagshipStrategic or Co-development PartnerIndia and Sweden co-chair LeadIT and serve on its Management Board. India and Sweden jointly launched LeadIT at the UN Climate Action Summit in 2019, re-affirmed commitment in March 2021, and launched LeadIT 2.0 and the India-Sweden ITP at COP28 in December 2023. In May 2026, Prime Ministers Modi and Kristersson announced a new chapter of the partnership at the Gothenburg Summit.
• Tata Steel, Cemvision, JK Cement (Slag-to-cement symbiosis)coreStrategic or Co-development PartnerUnder the LeadIT Industry Transition Partnership, Tata Steel, Cemvision, and JK Cement are conducting a joint feasibility study to convert steelmaking slag into high-value feedstock for near-zero-carbon cement while recovering valuable metals. Funded by the Swedish Energy Agency and India's Department of Science and Technology.
• SaltX Technology and HolcimcoreStrategic or Co-development PartnerIn June 2025, Holcim entered into a strategic partnership and investment relationship with SaltX Technology to jointly develop and industrialize SaltX's electric plasma-based and calcination technologies for fully electrified cement production, significantly reducing fossil fuel use and CO2 emissions.
• Tata Motors and Volvo GroupcoreStrategic or Co-development PartnerUnder their LeadIT membership, Tata Motors Commercial Vehicles and Volvo Group signed an MoU in October 2025 to support a more sustainable heavy-duty transport ecosystem in India. LeadIT facilitates this first-of-its-kind cooperation to foster dialogue and collaboration on transitioning to low-carbon transport infrastructure using green hydrogen and fossil-free electricity.
• GRID-ArendalminorStrategic or Co-development PartnerLeadIT collaborates with GRID-Arendal, a Norwegian foundation that supports sustainable development and communicates environmental information, on analytical and knowledge products related to industry transition.
• India-Nordic Summit (Norway, Sweden, Denmark, Finland, Iceland)coreStrategic or Co-development PartnerLeadIT is featured at the India-Nordic Summit series. At the third summit held in Oslo in May 2026, Iceland's membership in LeadIT was announced. These summits strengthen cooperation between India and Nordic countries on green industrial transition.
• RISE (Research Institutes of Sweden)minorStrategic or Co-development PartnerEcometrix collaborates with RISE on the ACORN Project, using AI to develop sustainable concrete recipes optimized for different applications. Ecometrix is a LeadIT member and the ACORN project operates under the LeadIT Industry Transition Partnership with Prism Johnson RMC.
• Knowledge partnersminorStrategic or Co-development PartnerLeadIT works closely with a group of knowledge partners who contribute research, analysis, and technical expertise to strengthen the knowledge base behind LeadIT's activities and drive informed action on industry transition.

Scale indicators4 records

Recent moves6 records

Expansion highlights7 records

Direct peers

• Industrial Deep Decarbonization Initiative (IDDI / Clean Energy Ministerial): Clean Energy Ministerial initiative coordinating public procurement of low-carbon industrial materials (cement, steel, concrete) across countries; shares LeadIT's public-private convening model for heavy-industry decarbonization but is anchored in energy ministries rather than climate/envt bodies.
• Mission Possible Partnership: Multi-stakeholder coalition focused on decarbonizing heavy industry sectors (steel, cement, chemicals) — directly comparable to LeadIT in mission and member profile, and the most direct peer as it also convenes governments and companies around industrial transition roadmaps.
• First Movers Coalition (World Economic Forum): WEF initiative using corporate procurement to scale early-stage clean technologies in hard-to-abate sectors including steel and cement; closely comparable to LeadIT because WEF sits on LeadIT's Management Board and both target industrial decarbonization demand creation.
• Global Cement and Concrete Association (GCCA): Industry association that co-developed the LeadIT Green Cement Technology Tracker with LeadIT; comparable as a convening platform for cement decarbonization and uses similar roadmaps and roadmap-tracker tools to drive member action on net-zero.

Emerging players

• ResponsibleSteel: Multi-stakeholder standards and certification initiative for the steel industry; narrower in scope than LeadIT but overlaps with LeadIT members (SSAB, Tata Steel, Salzgitter) and addresses the same decarbonization and transparency agenda, particularly through steel-specific standards.
• SteelZero (Climate Group): Climate Group initiative driving demand for near-zero steel through corporate procurement commitments; narrower than LeadIT but a thematic peer in the green steel ecosystem and overlaps with LeadIT members such as SSAB and Salzgitter as both suppliers and buyers.

Broad incumbents

• Race to Zero (UNFCCC): UN-led global campaign mobilizing non-state actors (including heavy-industry companies) to achieve net-zero by 2050; overlaps heavily with LeadIT's membership recruitment and commitment-tracking, but operates at a much larger scale under UN auspices.
• Climate Action 100+: Investor-led initiative engaging the world's largest corporate emitters on climate disclosure and decarbonization; comparable to LeadIT in engaging heavy-industry companies (steel, cement) but focused on investor-driven engagement rather than government-industry dialogue.
• Science Based Targets initiative (SBTi): Global body enabling companies and financial institutions to set science-based emissions reduction targets; overlaps with LeadIT on heavy-industry target validation (e.g., Ambuja Cements, Tata Steel, JSW Steel) and competes for the same corporate climate commitments.
• Glasgow Financial Alliance for Net Zero (GFANZ): Financial-sector coalition mobilizing capital for net-zero transition across the real economy; comparable to LeadIT as a global convening platform and partially overlapping agenda (green finance mobilization for industrial decarbonization projects).

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Customer concentration

• Xx.com/leadit
• LinkedInlinkedin.com/company/leadit

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

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M&A

Investments1 record

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Frequently asked questions about Leadership Group for Industry Transition