Capgemini Research Institute

Powering sustainability

Why energy and utilities companies need to view sustainability as an opportunity

The race to a sustainable future is not one we can afford to lose

Nearly three-quarters of global greenhouse emissions are caused by energy uses, adding a lot of responsibility to the energy and utilities industry towards reducing emissions. Given the state of the environment, this situation is not tenable, and the sector must urgently implement affordable, reliable sources of clean energy while decarbonizing its value chain. The challenge is huge but the advantages of meeting it are many – not least of which is saving our planet.

In the latest report from the Capgemini Research Institute – Powering sustainability: Why energy and utilities companies need to view sustainability as an opportunity – we surveyed 600 executives and interviewed 10 industry experts to understand their approach towards sustainability, its benefits, challenges, and leading practices. We wanted to understand how organizations that are driving the sustainability agenda are reaping the rewards, where they are falling behind, and what they can do to pick up the pace.

We found that many organizations are already realizing benefits from sustainability, and increasingly viewing it as an opportunity. In fact, 64% have increased their revenues thanks to sustainable operations. That said, a worryingly large contingent is falling behind – for instance, a mere 6% of these organizations are on track to meet Paris Agreement goals.

Organizations need to start preparing for a sustainable tomorrow – today. They need to reimagine their business models, cultivate a new business mindset, scale their social and economic sustainability efforts and implement scaled technology solutions and initiatives all from a sustainability perspective that is bolstered by a circular economy approach and low-emissions solutions for customers.

For more information on sustainability in energy & utilities, download the report.

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Meet our experts

Philippe Vié

Philippe Vié is the Global Energy, Utilities and Chemicals Sector Leader at Capgemini, and has been in the industry for over 25 years leading transformation projects globally.

Florent Andrillon

Florent is leading Energy Utilities & Chemicals market unit for Capgemini Invent France.

James Robey

James is the Global Head of Corporate Sustainability at Capgemini. He manages sustainability risks and drives our program to reduce environmental impacts in our most material areas.

Kiri Trier

Kiri being the sustainability lead for DACH investigates the right sustainability strategy for Capgemini’s clients and encourages all clients to drive sustainability from an end-to-end perspective with the right methods and measurements.