This article is talking about how businesses could prepare to embrace sustainability and make it a success for them.
The main point covers by the article are:
- Focus on making industries greener
- Investment in Renewable Energy
- Call to innovate
The article concludes with a mention of the Sustainable Business Seminar that Renewables in Africa organising, happening on Wednesday 23 February 2022, from 9am to 1pm. Click HERE.
Former US president Barack Obama’s September 2015 speech to the United Nations General Assembly (UNGA) was the capstone of his Administration’s efforts to shape the U.N.’s 2030 Agenda or Sustainable Development Goals (SDGs). “Businesses that leads in adoption of renewable energy will be the businesses that leads the world,” the former president said.
Looking at the top energy trends in 2021, one stands out: renewable energy. According to research by McKinsey & Company, industrial energy consumption will double by 2050. Businesses need to analyse how to make energy production smarter and more sustainable because the current system likely can’t handle such demand.
While reading widely and exploring future business opportunities, I found that renewables offer huge potential for businesses. Here’s my advice on how other business leaders can prepare for the sustainable energy world of 2050. But the BIG question is, how can businesses prepare for the sustainable energy world?
Focus On making industries greener
Companies should aim at being environmentally conscious with an aim of reducing their carbon footprint. As a brand, strategies to accelerate positive change in the industry and build a sustainable tomorrow today. This can be done by using eco-friendly materials in their products, these are materials that are also safer to recycle
Invest In Renewable Energy
This can be done by powering their facilities with 100% renewable energy. Using more renewable energy can lower the demand for oil, natural gas and coal by increasing competition and diversifying energy supplies. McKinsey predicts that within the next decade, renewables will be cheaper than today’s fossil fuel plants, and by 2035, renewables will account for 50% of all power generation. Right now, the fastest-growing energy sources are solar and wind.
A Call To Businesses
The global energy industry is facing a rapid transformation. During the BloombergNEF Future of Energy Global Summit in New York in 2016, former U.S. Secretary of State John Kerry said, “No matter which country you’re in, the cost of clean energy now is cheaper than the cost of climate change later.”
Those words clearly resonate now more than ever before. This is a clear call to all industries, young entrepreneurs, business leaders and startup founders to think about how we can make our future on this planet more sustainable. Now is the time for new futuristic business ideas that can support making businesses sustainable, making cities more green and connected while growing renewable energy sources.
Renewables in Africa (RiA) team is organising a virtual Sustainable Business Seminar, which is scheduled for Wednesday February 23, 9AM London, Accra (GMT), 10AM Lagos (UTC +1), 11AM Kigali (CAT), 12PM Nairobi (EAT). The interactive Business Seminar will provide the attendees with the opportunity to gain insights about how to increase their competitiveness through sustainability and also specifically to improve margins by tackling power supply issues they’re facing.
Save your seat by registering today. Register here.