• Home
  • News
  • In-depth
  • Opinion
  • Energy
    • Wind
    • Marine
    • Solar
    • Biomass
    • Nuclear
    • CCS
    • Infrastructure
  • Policy
    • Politics
    • Legislation
    • Taxation
  • Management
    • Marketing
    • Risk
    • Skills
    • Incentives
    • Carbon Accounting
  • Technology
    • Waste
    • Recycling
    • R&D
    • Efficiency
    • IT
  • Investment
    • Carbon Trading
    • Offsets
    • Venture Capital
  • Net Zero Now
  • Events & Awards
  • SDG Hub
  • Industry Voice
  • Newsletters
  • Sign in
  •  
      • Newsletters
      • Account details
      • Contact support
      • Sign out
     
    • You are currently accessing BusinessGreen via your Enterprise account.

      If you already have an account please use the link below to sign in.

      If you have any problems with your access or would like to request an individual access account please contact our customer service team.

      Phone: +44 (0) 1858 438800

      Email: [email protected]

      • Sign in
  • Follow us
    • Twitter
    • LinkedIn
    • Newsletters
    • Facebook
    • YouTube
    • Instagram
  • Free Trial
  • Subscribe
  • Events & Awards
    • Upcoming events
      event logo
      NZF Pathway - Finance

      This exclusive half day online event will investigate how all businesses can support and accelerate the transition to low and net zero carbon buildings, while maximising the financial and productivity opportunities that will result.

      • Date: 16 Mar 2021
      • Online Event
      event logo
      Net Zero Festival 2021

      Net Zero Festival is the world's first business festival dedicated to exploring, advancing, and celebrating the global transition to a net zero emission economy. Join us at BusinessGreen's Net Zero Festival – for leaders who won't wait until 2050 to build a better business, and a better world.

      • Date: 27 Sep 2021
      • Worldwide
      View all events
  • SDG Hub
Business Green
Business Green
  • Home
  • News
  • In-depth
  • Opinion
  • Energy
  • Policy
  • Management
  • Technology
  • Investment
  • Net Zero Now
 
    • Newsletters
    • Account details
    • Contact support
    • Sign out
 
  • You are currently accessing BusinessGreen via your Enterprise account.

    If you already have an account please use the link below to sign in.

    If you have any problems with your access or would like to request an individual access account please contact our customer service team.

    Phone: +44 (0) 1858 438800

    Email: [email protected]

    • Sign in
  • Hot topics
  • Green recovery
  • Net Zero Now
  • Net Zero Leadership
  • Net Zero Finance
 

Sponsor content:

This content has been brought to you in association with our sponsors

  • Energy

Going the distance to benefit from a long-term, sustainable business strategy

  • Maxine Cook, Centrica
  • Tweet  
  • Facebook  
  • LinkedIn  
  • Send to  
0 Comments

The journey to energy sustainability is a marathon - not a sprint. Those organisations that are in it for the distance and take a strategic, long-term approach to positive energy management are winning, writes Centrica's Insights Manager Maxine Cook

Having led our extensive two-year Energy Advantage research on sustainable energy leadership, I've gained some deep insights into the characteristics of these organisations and the rewards they accrue.

This international study shows that those organisations which are furthest on the journey to energy sustainability have more growth potential, greater financial success and energy resilience, lower energy and operational costs and a better reputation. They are among a select few (18 per cent of organisations) who view energy as an opportunity rather than a cost.

Future-proofing energy

These sustainable energy leaders recognise that it's essential to future-proof their energy needs. They realise that energy resilience is not simply about keeping the lights on and managing business continuity in the short term; it's about protecting against increasing energy uncertainty in the long-run.

Acceleration of digitisation and automation means that power is mission critical for more and more organisations, but with opportunity comes the growing risk of power supply disruption. This isn't deterring sustainable businesses from taking the lead on digital innovation. They actively manage risk by planning ahead to secure the necessary power infrastructure and capacity and are much better prepared for the worst than their competitors.

By creating detailed energy resilience plans and setting targets, these businesses are reducing and stabilising volatile energy costs, while also mitigating risk. You can learn more in our new report: Future-proofing your company's energy needs.

Meeting stakeholder demands

Improving business sustainability is driven by a need to manage costs and risk, but stakeholder demand is also a powerful motivator. Organisations face growing pressure from customers, employees and investors to demonstrate environmental responsibility. Those who take a holistic, long-term view to energy management also tend to be more customer-centric and understand the necessity to satisfy stakeholder expectations by embedding sustainability throughout their operations.

Exploiting distributed energy technologies

Digitisation and automation are also revolutionising the decentralising energy sector and sustainable energy businesses are better at exploiting these technological opportunities.

They are:

  • Almost twice as likely to invest in key energy technologies
  • More than twice as likely to implement low hanging fruit such as energy efficiency measures
  • Almost twice as likely to use smart distributed energy solutions, such as battery storage and wireless sensors, and to deploy on site generation
  • More receptive to exploiting future technologies, such as vehicle-to-grid, artificial intelligence and machine learning

Expert support

Sustainable businesses recognise that they must collaborate with energy experts to implement revolutionary new ways of managing and consuming energy.

Centrica Business Solutions provides the energy expertise and innovative distributed energy solutions to help organisations take a more strategic, long-term and integrated approach to energy. In this way, we ensure that they thrive as sustainable businesses - gaining added value from energy to power performance and resilience.

Find out more about how Centrica Business Solutions can support your long term sustainable business strategy and download our new energy resilience report at: www.centricabusinesssolutions.com/resilience.

Maxine Cook is insights manager at Centrica Business Solutions

  • Tweet  
  • Facebook  
  • LinkedIn  
  • Send to  
  • Topics
  • Energy
  • In-depth
  • renewables
  • smart grid
  • Centrica
  • Sustainability executives
blog comments powered by Disqus
Back to Top
  • Contact Us
  • Marketing solutions
  • About Incisive Media
  • Terms and conditions
  • Policies
  • Careers
  • Twitter
  • LinkedIn
  • Newsletters
  • Facebook
  • YouTube
  • Instagram

Incisive Footer Logo

© Incisive Business Media (IP) Limited, Published by Incisive Business Media Limited, New London House, 172 Drury Lane, London WC2B 5QR, registered in England and Wales with company registration numbers 09177174 & 09178013

Digital publisher of the year
Digital publisher of the year 2010, 2013, 2016 & 2017
Loading