The energy industry continues to be an enabling and necessary resource as organizations across all industries begin preparing for a new reality and recovery from the impact of COVID 19.
Six months after the release of the KPMG 2020 CEO Outlook (COVID-19 edition), we have conducted a pulse survey to explore if and how the three-year outlook has changed.
Like other industries, the energy industry was forced to scramble to respond to the pandemic to ensure the safety of employees and operations and the safe and efficient delivery of energy that communities and organizations depend on. Now, even with the ongoing impact of the pandemic, the energy industry appears to be taking a leading role in the acceleration of the energy transition.
The 2021 pulse survey reveals that energy CEOs are embracing change, reprioritizing risks, and increasingly confident of the sector’s growth prospects.
The results reveal a strong sense of optimism about the future and growth prospects in Energy, but wisely notes the importance of the energy transition and enabling all activities with digital capabilities. While commitments to net-zero have accelerated, the industry recognizes the need to explore many technologies and innovations to deliver on the stated goals.
Global Head of Energy
KPMG in the U.S.