Who would Move the Cheese for Pivotal Reset on Sustainability ESG amid Energy Transition?

Inspired by the vision of Lighthouse to shed light with "Let there be light amidst darkest perfect storm", yet burdened with a deep passion and conviction to help accelerate Enterprise’s Innovation & Digital Transformation priorities, especially to better serve in the Sustainability ESG agenda (Environmental Social & Governance), I am privileged to be able to dig, drill and double-click on sectors that matters with latest network dialogue on what, where and how to start driving Impacts amid Energy Transition in Great Reset, for Great Re-invention.

One conclusive key hypothesis is this. The Greater carbon footprint contributors have both the power to save, and also (the reverse) to continually driving negative impacts on Climate Change with dirty energy. There was a time and season of yesterday, where energy and power matters. Doesn't matter if it is dirty or clean. BUT, we are now living in transition to a different era where awareness and conscientiousness have taken over, for a better greener world for tomorrow.

The Energy & Utilities, Chemicals, Mining and Transportation players carry both the torch to pivot, lead and shed lights for greater carbon neutrality (if not decarbonization), OR otherwise to continually commercialize and monetize with existing business models, operating models with assets in old school mindsets and ways-of-working hoping for growth from yesterday, yet unprepared to be penalized by consumer’s choices shortly. And out-casted quickly.

It is no doubt a strategic business dilemma for business leaders in these sectors to make hard decisions to pivot quickly, as the very focus of business performance and profitability is in conflict-of-interests with the green sustainability agenda for many obvious reasons. Such as, Oil & Gas fossil fuel production and profitability is in direct co-relations and is a leading indicator to negative carbon footprints. So as utilities players still monetizing investments on coal power generation plants especially in emerging markets where the demand is still underserved with power supply. Essentially, we are talking about dirty energy at source in the energy supply value-chain.

Unfortunately, the weakest links today in the Circular Economy context - is the Silos across multiple sectors in the energy network value-chain for an integrated clean energy supply. Therefore, the urgent call for convergence and digital transformations for new value creation on green energy, after a 120+ years of power generation and distribution legend left behind by Thomas Edison (Founder of General Electric) in awesome friendships with Henry Ford, and essentially partnership with JP Morgan giving light (literally) to New York City and completely uplifted the global productivity thereafter in the name of industrialization, prosperity, and human civilization. Gone were the days of "Let there be light and light be" to the energy world. Running growth engine on fossil fuel, is indeed an amazing prosperity story of yesterday.

TODAY - in transition to tomorrow, i am deeply inspired by Accenture's CEO Julie Sweet of her new vision of “Let there be change” for and from Accenture. Accenture has also been labelled as the New GE from Wall Street sometime July this year, 2020. Julie is certainly one of the highly-esteemed Change Leaders of today besides Thomas Edison, Henry Ford, JP Morgan and Tesla Nikola of yesterday's. The saving grace and answers for Green Energy Transition in perspective of Sustainability ESG, could obviously be coming from the Private Equity firms, the Venture Capitalists or Board of Directors of the Global Energy Leaders, or in collaborations to power-up the next generations of growth engine from the Private Funds market. The opportunity to drive, own, harness and harvest the growth need of future AI and 4th Industrial Evolution in a robotic world for an integrated sustainable green energy digital network, is tremendous. This could even be the opportunity to bridge the Innovation, Digital Transformation and Re-invention gaps for tomorrow, with Sustainability intent as first step and as Accelerator amid Energy Transition. The market now presents a timely window-of- opportunity for Change Leaders and Disruptors to define, derive, orchestrate and facilitate the turning point to tipping-point, at the same time making a meaningful impact to the World's Sustainability agenda, fulfilling Paris Agreement & global commitment towards a carbon neutral world by 2050. This is absolutely a very purposeful goal for Leaders of tomorrow, in transition now.

Certainly, accelerating digital transformation for less waste, safety and higher productivity in Operational Excellence sense for cleaner output in the Energy sector, is a big part of the carbon neutrality equation at core for any current traditional Energy & Utilities players. But, this is only a natural progression and gradual process, than a deliberate ESG positive focused initiative in collaborations with the Ecosystem players, for a greater and more purposeful impact.

This is a 100 year century opportunity for Private Equity firms, Venture Capitalists and large Energy corporation Boards of directors to step-in and step-up, to recalibrate corporate strategy for growth yet meeting the ESG climate change needs and business fundamentals. The strategy and governance models of yesterday to urgently address today’s evolving needs is no longer valid. It is dated. Green agenda coupled with low business performance as drivers to pivot is strong. The pressure to change is high.

Who should and would move the Cheese for Sustainability ESG for Pivotal Reset amid Energy Transition and Pandemic crisis?

What are your thoughts on what, how and where you and your firm can play an impactful role in partnership to move the cheese for real pivotal reset and reinvention?

P/S: Those who see synergy and common purpose from my point-of-view here, please do reach-out to connect and collaborate. I'll be delightful to hear your thoughts and perspectives, with potential partnership to drive this further beyond just a thought leadership article.