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OPPORTUNITIES
Reinventing Energy
in a Crisis
Peter Parry, Chairman of Global Energy Just as oil and gas Markets reward bold action,
& Natural Resources practice, Bain & Co. companies were beginning so rather than retreat
“to make significant
s recently as the beginning commitments to a net- from sustainability goals,
of this year, oil and gas oil and gas companies
majors and other sector zero carbon future, the
leaders were prominently drag on demand due to should press forward
committing to ambitious the coronavirus pandemic
Atargets to decarbonize
their energy portfolios. Companies found threatens to distract
themselves under intense pressure to re- their attention and derail
duce the carbon intensity of their opera-
tions, supply chains and end products. progress
Leaders were beginning to recognize that
token investments would no longer cut it
and had begun to deploy more new capi- Bain Brief “Rethinking Energy and Natural
tal into clean energy businesses (see the Resources for a Net-Zero Carbon Future”).
Impiantistica Italiana - Luglio-Agosto 2020 31
