Climate change, decarbonization and renewables

Managing climate risks and opportunities, implementing long-term sustainability strategy, attracting investors, and improving performance

Due to the ever-growing attention on the impacts of climate change and energy consumption, it is crucial to understand the broad environmental impacts of your business and have a plan for meeting global decarbonization targets and stakeholder expectations. 

Insights on climate change, decarbonization and renewable energy

Meeting targets and stakeholder expectations will require economic transformation as we transition to a low carbon economy, led by fundamental business model change and a rethinking of what business as usual looks like. Our climate change series comprise the following four key topics:

  • Pathways to net zero: Integrating a decarbonization strategy throughout your business will call for carbon baselining, asset vulnerability analysis, target-setting, and a roadmap on potential levers to operationalize your strategy, such as renewable power sourcing and effective energy management.
  • Climate risk and resilience: The impacts of climate change are being felt today and there are a number of risks that affect nearly every industry. It’s time to build a strategy to not only mitigate climate risk but also adapt to the change. The first phase involves assessing the resilience of assets and overall business strategy; the second is to transform in preparation for climate risk and reporting.
  • Energy transformation: The future of energy depends on how traditional energy companies pivot and transform to be the energy companies of the future. As this transformation occurs, a new operating and business model will emerge by leveraging historical strengths and expanding into new capabilities to compete in a low-carbon economy. The people factor will also need to be considered as energy equity and affordability become a component of social equity.
  • Low carbon opportunities: The transition to a low carbon economy comes with capital investments and opportunities. Capital is being mobilized towards sustainable investment projects where there is a lower cost of capital in addition to tax incentives. Business models are changing to unlock value from low carbon opportunities.

Contact us

Katherine Blue

Katherine Blue

ESG Advisory Leader, KPMG US

+1 404-222-7606
Declan McManus

Declan McManus

ESG Climate Advisory Leader, KPMG US

+1 512-501-5326
Tim Andreasen

Tim Andreasen

Renewables Leader, KPMG US

+1 402-742-3243
Tegan Keele

Tegan Keele

Climate Data & Technology Leader, KPMG US