Global Corporate Survey 2025: Leaders’ Energy Transition Budgets, Priorities And Tech Preferences

Table of contents

Summary for decision-makers
Firms’ own energy transitions are still nascent
Connected energy transition strategies lag
An endemic cloud of uncertainty swirls around energy transition investments
Decarbonization is an energy goal, but primarily when costs and benefits are clear
The energy investment priority for firms is minimizing exposure to future risk
Firms’ five-year energy system investment plans: decarbonization, demand response and power access
Economic and risk drivers play the strongest role in energy transition business cases
The energy transition will pivot more and more from analogue to digital
Software beats out hardware in firms’ five-year energy transition spending
Methodology for global corporate survey on energy transition

Table of figures

Figure 1. Roughly half of firms say their core processes will be electrified by 2040
Figure 2. Many leaders question the foundations of their firm's stated energy transition strategy
Figure 3. Many energy leaders do not see a strong connection between energy strategy at firm level and at facility level
Figure 4. The largest obstacles for many firms to making capital energy transition investments are high costs and a challenging business case
Figure 5. Most firms do not think the energy transition is a straightforward business case
Figure 6. More energy leaders think efforts towards energy efficiency will have a high impact on decarbonization than other actions
Figure 7. The most common wish energy leaders have of their energy system in five years is zero carbon emissions
Figure 8. The top considerations for firms when making an energy transition business case are cost related
Figure 9. Energy leaders expect software-based energy technologies to jump the most in spend in the next five years
Figure 10. Respondents are located equally in three countries
Figure 11. Respondents come from a mix of industrial and commercial job functions
Figure 12. Respondents come from six industries across commercial and industrial market segments