There is also poor take-up of multiple new business models, although not in every case as the example of Orsted in Denmark illustrates. For example, while 64 percent say they plan to implement energy-storage solutions in the future, only 19 percent are already doing so. However, while there is clearly interest in transitioning to new-energy models, those that have done so are still in the minority. Our New Business Models offer helps clients launch what we term ‘regenerative ventures’ by co-creating the next generation of change-making organizations through new sustainable ventures. At Capgemini Invent, we call the shift in mindset from simply making a profit to meeting the needs of people and planet a transition to becoming a ‘Next Economy’ organization. What’s more, they report seeing an increase in revenues, profits and upsell opportunities as a result. Several organizations in this sector are ahead of the game, having already implemented new-energy business models. But at the same time, they are the number-one purveyor of energy, of gas and oil, in a society that still is totally dependent on that.” Becoming a Next Economy organization During the Glasgow COP26 climate conference in November 2021, Larry Fink, the CEO of Blackrock, a multinational investment management corporation, said, “The key for our hydrocarbon companies, they need to rapidly move towards a more decarbonized business model. Interestingly, the ability to garner investment is also propelling this move as more investors look to put their capital into projects and companies with a strong sustainability record. ![]() Indeed, in a recent report from the Capgemini Research Institute, 68 percent of the energy & utility organizations surveyed said that mitigating the impact of climate change was driving their shift towards new business models. So, it comes as no surprise that moves are under way in the energy & utilities sector to transition to new business models that reduce reliance on fossil fuel with a pivot to clean energy and decarbonization. Energy-related greenhouse gas (GHG) emissions contribute over 73 percent of all emissions globally, with various sectors contributing to this directly or indirectly.
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