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What is Sustainability Transformation

Sustainability is the Next Big Disruptor

Like globalization and digitalization, sustainability is a major disruptor for organizations, driven by today’s financial, environmental, and societal pressures. The Global Risks Report 2023 from the World Economic Forum reports that climate-related issues make up the four (and five of the top six) most severe risks over the next 10 years.

In response, more organizations than ever are including sustainability at the core of their strategy and purpose. We found that 66% of companies have made public carbon-reduction commitments. However, ambition is not matching action because only 20% are on track to achieve their goals.

We must work together to close the gap.

Fortunately, rapid technology innovation and new business models are making the economics of sustainability more viable than ever before. Renewables are more affordable. Data and technology have made managing resources more effective. Leading companies are proving that greener strategies and operations create a real competitive advantage.

Yet, plans for decarbonization are going unrealized every day.

Sustainability transformation requires a deep understanding of emerging technologies, strong engagement with stakeholders, and a series of investments tailored to each unique organization. Therefore, leading organizations need to think holistically and strive for both speed and scale.

It’s time to make longer, faster strides toward a more sustainable future.

What is Decarbonization?

Decarbonization refers to the reduction or elimination of carbon dioxide (CO₂) or greenhouse gas (GHG) emissions. Full decarbonization means Net Zero CO₂ emissions from energy generation and industrial processes with the ultimate goal of a CO₂-free global economy.


Decarbonization Drives Sustainability Transformation

More governments and organizations than ever are announcing Net Zero or carbon negative goals, but most don’t know where to start. Leaders are asking:

How do we track disparate data sources across resources and geographies to have an accurate picture of environmental footprint?

What clean technology and renewable energy opportunities are there. When and how do we procure them?

How do we implement the right programs and processes to minimize resource use as our business grows?

What is the impact of our value chain and how do we reduce Scope 3 emissions?

How do we manage unknowns to increase climate resilience and minimize risk exposure over the long term?

The Key Levers For Deep Decarbonization

A comprehensive decarbonization strategy addresses all resources—energy, water and waste—that have an economic and environmental impact. An effective decarbonization strategy is data-informed and holistic, transcending the organization and influencing operational efficacy, product design, logistic schemes, digital strategy, brand reputation, employee engagement, customer engagement and satisfaction, and risk mitigation. It must extend to the entire value chain.

Accurate Data and Analytics

Data is key to decarbonization, providing insight into current state of energy, water, waste and carbon to determine baselines and understand the path forward. It’s critical for building a business case, informing goals, implementing projects, evaluating decisions, and tracking and reporting that decarbonization strategies are on pace.

Innovative Governance Models

Cascading ambition from leadership, developing clear risk scenarios, and investing in innovation can improve preparedness and carve out a competitive advantage amidst the uncertainty of climate change.

Engaged Value Chains

Businesses must require that suppliers along the value chain are similarly invested in sustainability by co-investing with strategic suppliers, strengthening supplier relationships and amplifying their own sustainability efforts.

Creative Financing

Finance—and the role of the CFO—should be restructured to accelerate project deployment and realize the full value of sustainability. New capital allocation models, programmatic approaches to project finance, and third-party partnerships are critical levers to success.

ENGIE Impact’s Decarbonization Expertise

ENGIE Impact helps corporations, cities and governments bridge ambition and action, unlocking the data and analytical intelligence to accelerate economic and environmental benefits and overcome the complexity of sustainability transformation.

From modeling climate risk scenarios, to engaging the entire value chain in embracing sustainability, to redefining financing mechanisms to accelerate progress, we help clients identify the key levers to achieve their decarbonization goals and put them into action. Our global sustainability consultants advise clients and provide insights on the solutions that are driving deep decarbonization today: clean technology, e-mobility, renewable energy, and innovative business models.

Learn more about our holistic expertise→

$1T

risk to business created by climate change

25%

of managed assets have a sustainable investing mandate

67%

higher return on equity of businesses with sustainability goals
Approach

Approach

ENGIE Impact partners with the world’s most influential cities and businesses on accelerating their sustainability transformation to achieve long-term economic growth. The process starts with customized, tailored roadmaps to help organizations establish and achieve their sustainability goals. From strategy to implementation, clients receive actionable solutions to help improve the bottom line, drive growth, satisfy stakeholders and extend resources.

Learn More
Approach

Capabilities

  • Build a Strategy

    Build a Strategy

    Through assessment and analysis, tailored programs support setting achievable targets, enabled through long-term sustainability roadmaps.

  • Manage Your Resources

    Manage Your Resources

    Comprehensive resource management programs, design & engineering plans, and large scale project management helps achieve goals.

  • Track & Report

    Track & Report

    Momentum is achieved through proactive insights derived from client data and transparency through disclosure, compliance and certification programs.

The Latest

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Taking Climate Action: Behavior-Driven Change vs. Innovation-Driven Change

In order to address the climate crisis, we must understand the two types of change that can help move sustainability transformation forward and the importance of striking a balance between them both.

Renewables & Your Energy Management Strategy
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Renewables & Your Energy Management Strategy

Hundreds of billions of dollars are invested in renewable energy projects each year, and that number will continue to increase as costs decline, stakeholder pressure increases, and renewable requirements are expanded—making now the time to act.

The Multi-Site Company’s Sustainability Playbook
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The Multi-Site Company’s Sustainability Playbook

A 5-step framework for building a sustainability strategy—and seeing a high-value ROI—within five years.

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