How the energy transition will give leaders opportunities to create value

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Social Capital Matters

Baldwin Boyle Group

13 episodes

3 days ago

An ongoing series of conversations with thinkers, leaders and change-agents who are exploring how organisations build social capital with their stakeholders in today’s complex, interconnected and volatile times. Baldwin Boyle Group is a strategic communications and public relations agency based in Asia that helps businesses connect with their stakeholders, earn trust and build positive outcomes.

Management

Business

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Management

Business

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How the energy transition will give leaders opportunities to create value | Sacha Winzenried (S2.E2)

Social Capital Matters

34 minutes 4 seconds

1 year ago

How the energy transition will give leaders opportunities to create value | Sacha Winzenried (S2.E2)

The global energy landscape is at a crossroads, a factor which is acutely felt in emerging markets such as Southeast Asia. As consumers continue to gravitate toward electric cars and renewable energy, businesses and countries are taking a cold, hard look at their fossil fuel infrastructure and long-term strategies for moving away from them. In Asia and the Pacific, which produces over 50% of Earth’s CO2 emissions, the big question surrounding this energy transition is, how? In our discussion with Sacha Winzenried, the Energy, Utilities & Resources Leader at PWC Indonesia, we learn just how complex this process will be and the difficulties in making it a just and orderly transition in an area dealing with broad inequality and still dependent on fossil fuels for electricity production. However, smart companies will recognize the opportunities for value creation and new business ideas – that is, if they are able to communicate their strategies effectively and bring their stakeholders along with them.

Sacha Winzenried is a specialist in energy, utilities and mining. He has spent 24 years in Indonesia finding solutions for complex problems around energy, climate change and economics.

(0:00) Begin

(1:30) Sacha introduction

(2:25) How have your views on fossil fuels and energy changed over the course of your career?

(5:52) What are the pain points and bottlenecks that the energy transition effort needs to address?

(11:43) Are forums like COP28 helping us move toward a just and fair transition instead of favoring only the developed nations?

(15:23) Where are the bright spots in the energy transition movement, where are the heroes?

(17:20) What do you think of the criticism aimed at fossil fuel companies saying they are not moving fast enough or doing enough because of their vested interests?

(19:43) Half the battle around operating sustainably is communicating effectively to stakeholders. What are the dangers of misunderstanding the landscape?

(23:49) Are you seeing a desire from emerging economies to get to Net Zero more quickly, or are they happy to take things slowly?

(26:07) What is the role for Australia in all of this, with its resource-based economy?

(29:35) The Takeaway – Is there any guidance you’d give to organisations who want to be a part of the decarbonisation journey?

(31:49) Host wrap-up