
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 the business and have a plan for meeting global decarbonization targets and stakeholder expectations. This will entail economic transformation, led by fundamental business model change and a rethinking of what business as usual looks like. Developing a decarbonization strategy will include goal setting, navigating renewable energy sources, effective energy management, power purchase agreements, and carbon offset approaches.