Environmental, Social and Governance (ESG) issues are shaping the way energy companies envision their future strategy. The global warming crisis and societal pressure is forcing organizations to completely re-imagine their revenue streams and business activities to remain relevant and survive.
A recent IDC FutureScape report predicts that "by 2024, 80% of electric, gas and water companies will have implemented sustainable business models by accelerating DX and rearchitecting the core business."
We believe three strategic themes: Re-invention, Resilience and Relevance have emerged that can help Energy companies achieve their ESG goals.
In this White Paper, we explore these themes further and highlight:
- Paths to solving sustainability challenges in the energy sector
- Strategies that can enable energy companies to achieve ESG goals
- Ways in which IFS Cloud solution aligns with these strategies