Takeaways for businesses:
Authenticity and the courage to be bold
Sustainability vision and goals need to be authentic and seamlessly integrated into an organisation’s business strategy, practices and culture.
Strategic trade-offs may be required
Leaders need to make important decisions that may require trade-offs. These trade-offs depend on your sustainability vision, mission and goals balanced with commercial perspectives.
Getting the timing right
The technologies required to enable energy transition may be reaching inflection point soon and different technologies are becoming available. A comprehensive strategic framework such as a capabilities-driven strategy is critical to remain competitive.
A cross-functional team for integrated sustainability implementation
Implementing sustainability in any organisation requires an effective cross-functional team as sustainability initiatives cut across multiple activities.
Just transition pathways
Energy transition requires a balance between environmental impact, commercial feasibility and the impact to all stakeholders. It should embed social inclusion, contribution to sustainable employment, and development of resilient communities.
Holistic approach to the entire ecosystem
Achieving net zero requires a substantial commitment to transform various industrial models, via a comprehensive approach across the entire business ecosystem. A people-centered change management approach is essential during this intricate transition.
Making the maths work
To fund the shift to cleaner energy, organisations must find the right mix of debt and equity financing. Currently, companies have varying investor value propositions, each with its own mix of growth, risk, and return. Businesses need to assess how to balance shareholder returns against energy transition investments.
Summary of the National Energy Transition Roadmap (NETR)
Contact us
