Accelerate Canada’s energy future and make your energy transition add up to more.
Businesses are navigating an energy trilemma. They’re facing the triple challenge of simultaneously ensuring a reliable energy supply, reducing emissions and trimming costs. As the energy transition takes root, volatility is challenging the ability of both governments and businesses to navigate these imperatives.
At PwC Canada, our multidisciplinary services address these complex energy challenges head-on. The right mitigation and adaptation strategies help you manage sustainability risks and focus your enterprise strategy on capturing opportunities, transforming your operations and managing the shift toward decarbonized, decentralized and digitized energy systems.
The result? A future-ready business model that balances resiliency, sustainability and costs. One that not only adapts to the current energy landscape but also thrives in it. Embrace this transformation imperative with us and create new commercial value while staying competitive in a rapidly evolving market.
The industrial manufacturing sector contends with stringent emission regulations. Many of these businesses will face upheaval as the economy transforms, reinventing supply chains in sectors like automotive and changing processes in heavy industries such as steel and aluminum. But the energy transition creates significant opportunities for these businesses to better manage their energy demand, costs and emissions while seizing on the opportunities of the future economy. Learn more
Chris Casey
Industrial Manufacturing and Automotive Sector Lead, PwC Canada
Your energy transition journey requires multidisciplinary expertise. By combining human ingenuity and deep industry insights with advanced technology solutions, we help you make your energy transition add up to more. Our integrated approach spans consulting, assurance, deals and tax—all backed by our Alliance relationships—providing a single source of energy transition solutions that help you manage your sustainability-related risks and opportunities. Our operational experience and in-depth understanding of your unique business model helps us pinpoint opportunities for reinvention and building supply chain resiliency in the face of new sustainability requirements and trade pressures.
The global energy transition is reshaping every corner of the economy. Working toward a net-zero future requires overcoming fragmented energy systems, policy uncertainty, investment challenges and an infrastructure network that's not keeping up with the pace of change. The direction toward lower-carbon energy systems is clear. But the journey is challenging. No single nation or organization can navigate this transition alone. Whether you generate energy or rely on it, understanding the emerging risks and opportunities associated with this transition is critical to your success.
Now’s the time to chart a pathway to long-term sustainable growth. Together, through our multidisciplinary teams and specialists across sectors and geographies, we can make your energy transition count.
Digitally transforming your operations is crucial to succeeding in the energy transition and keeping pace as artificial intelligence reshapes the economy. It’s also key to managing future energy systems smartly, facilitating services and achieving full integration throughout a rapidly changing energy ecosystem. For many companies, this goes beyond making incremental changes. From shaping new service offerings, transforming energy demand and developing new energy-related solutions—it’s about creating new revenue streams, becoming more sustainable and building resilience differently through business model reinvention. We’ll help you get the right strategy, structure, culture and tech to meet your energy future head-on.
Funding your energy transition can be complex, especially as the cost and availability of capital shifts over time. We’ll help you pinpoint sources of internal funding and external capital tailored to your needs, including sustainability-linked loans and bonds, equity investments and tax incentives. We’ll support you by:
providing guidance on investment procedures, governance and fundraising to facilitate the financing of energy transition projects
shifting your sustainability approach from value protection to value creation by creating efficiencies and aligning organization-wide capital allocation decisions
upskilling investment teams to enhance their understanding of energy transition strategies and commitments
working through the complexities of sustainability in financial services and increase the impact of your sustainability strategy on your debt and equity raises, developing the disclosures that investors and other stakeholders demand
defining a coherent vision and ambition for energy transition projects to help attract investors and secure necessary funding
aligning financial resources with sustainability goals
Labour is a risk to the energy transition. Companies that effectively address this risk can build the workforce they need to succeed and create an equitable transition for affected workers. How can you secure the talent needed for your organization to outpace the competition through the energy transition and fill current gaps? One approach is to outsource certain capabilities through managed services to meet the immediate demand for skills. You can also attract new talent by demonstrating leadership in the energy transition. Showcasing your commitment to decarbonizing and contributing to the broader economy helps communicate that you’re not just surviving but thriving through the transition. This clear mission and vision for the future can attract prospective employees who are eager to be part of a transformative journey. Furthermore, by making upskilling part of your strategy, you can boost the capabilities of your existing workforce and help employees develop the necessary skills to support the energy transition.
Anticipating and planning for the possibility of disruption must be a central element of your energy transition journey. In a world characterized by geopolitical volatility, increased cyber risks and progressively frequent extreme weather events, organizations need to be prepared for all eventualities. This goes beyond hardening assets and infrastructure. It’s crucial to be ready with a strategic, adaptive and timely response to major threats, including natural disasters and cyber attacks. We’ll help you build resilience into your energy transition approach, enhancing your team’s capacity to respond to an incident and continue functioning through disruption—and then act on lessons learned after the crisis has passed.
The energy transition requires ambitious sustainability targets and a transparent story of progress. Our team helps you pinpoint energy-related risks throughout your supply chain, define clear decarbonization goals and develop a credible plan to realize your ambitions—accelerating your strategy-led, sustainability-centred transformation. We combine our sustainability expertise with powerful technology from our ecosystem of Alliances to power your energy transition, from strategy through to implementation and operationalization. Using smarter technologies and proven methodologies, we’ll help you capture metrics that matter and generate credible data to enhance your strategic alignment. This builds trust in your external reporting and lets you use sustainability information internally to realize your energy transition objectives.
Partner, Utilities Energy Transition and Transformation Strategy, PwC Canada
Tel: +1 647-973-6656