The Future Of Net-zero Energy

By Author: Esgaone
Total Articles: 29
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As one of the leading Net-Zero consultant, the global energy transition has become increasingly apparent. While countries and companies work to secure their energy supplies, the effect on the climate is increasing, and new technologies are being developed. Energy-related companies know the crucial part they must play in the world's energy transformation and see the pursuit of net zero as essential to their expansion. HSBC and Kantar asked 300 energy companies in over 15 nations how they are approaching the transition and where they are on their net zero journeys to understand how businesses in the energy sector are responding to pressures that appear to be at odds with one another.
We believe as a Net-Zero consultancy, which will focus on decarbonizing "hard-to-abate" and carbon-intensive industries, has just been launched. The program incorporates information from industry experts, HSBC thought leaders, and examples of low-carbon projects in addition to the scientific roadmaps created by the International Energy Agency, the Energy Transitions Commission, and others. The survey serves as its official launch.
In our ...
... role as Net-Zero, a regulatory and disclosure requirement for both corporations and financial institutions, transition plans are evolving into the new standard in a growing number of markets. Transition plans show regulators, financiers, investors, and customers how an organization expects to achieve net zero, frequently by 2050, across its operations and value chains. They also demonstrate action and practical steps against ambition.
Being a Net-Zero consultant, energy firms see the transition as a business opportunity and think the push toward net zero is gaining momentum. The change is one of the top three business priorities for nearly all respondents (94%) who see net zero as a significant contributor to business growth. Given market demands and commercial results, net zero is the leading business priority for more than half of listed companies. A nod to the talent they need to recruit and keep to enable execution, energy companies' claim that employees are a more significant driver of net zero plans than customers or external stakeholders.
We believe as a Net-Zero consultancy, many companies see macro events as the driving factor behind the transition and net zero as a business necessity. A variety of externalities, in addition to economic opportunity, are hastening the transition despite worries that nations' recent energy crisis and subsequent efforts to increase their energy independence would slow the transition to renewables, more than half of the businesses polled claim that energy security concerns are hastening the process. There is a chance for this group of companies to invest in low-carbon projects that will be a significant source of future growth by taking advantage of the currently elevated commodity prices and security concerns.