Market Insight: Net Zero And Energy Transition Priorities Of Industrial Firms In 2023

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Executive Summary

This report provides strategy executives, operations managers, chief sustainability officers, digital technology providers and consultants with an understanding of the net zero, ESG and energy transition initiatives that are important to industrial firms in 2023. During September and October 2022, Verdantix conducted interviews on operational excellence topics with 301 directors and managers in operations, engineering, maintenance and process safety roles. The net zero, ESG and energy transition priorities questions formed part of a broader survey, which included questions on technology, budgets and investment (see Verdantix Global Corporate Survey 2022: Operational Excellence Budgets, Priorities & Tech Preferences). Green electricity procurement, replacing aging equipment, and emissions and energy consumption reduction were the top three priorities noted for firms in 2023.
Multiple Net Zero And Energy Transition Initiatives Are A Priority For Firms
Net Zero And Energy Transition Priorities Show Some Variation By Region And Industry
Figure 1. ESG And Sustainability Priorities (All Regions)
Figure 2. ESG And Sustainability Priorities By Industry
Figure 3. ESG And Sustainability Priorities By Region
Figure 4. ESG And Sustainability Priorities By Firm Size

About the Author

Malavika Tohani

Malavika Tohani

Research Director

Malavika is a Research Director at Verdantix, guiding research that explores how digital technologies and services are reshaping industrial operations to become safer, more ef…

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