PwC Sustainability Service's George Favaloro explains how companies can create a robust energy strategy. George and his co-authors, sustainability thought leader Andrew Winston and Tim Healy, CEO of energy solutions provider EnerNOC, lay out a five-step framework companies should use to address the rising strategic importance of energy. The article includes insights gleaned from our joint research on the energy practices of 145 companies, and case studies from energy management leaders.
PwC's strategy brief, Driving energy transformation: The 15 practices of corporate leaders, describes the full unified framework of emerging energy management practices that underlies the HBR article.
Corporations are directly procuring renewables to manage costs, reduce risks, improve resilience, and strengthen their reputation with customers, employees and investors. This companion video to the Harvard Business Review article explains the rapid growth of renewables.