Capturing Opportunities in the Energy Transition Via the Supply Network
This program takes place on the Fisher College of Business Campus July 17-18, 2024. The registration deadline is July 3, 2024. Register by June 19 and use code EARLYBIRD24ESG to save $100.
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Today's organizations face pressure on many fronts, one of which is playing a role in climate change and the threat of its irreversible effects on the planet.
Adopting renewable energy solutions, optimizing energy use and reducing carbon emissions are a few examples of how businesses can take positive steps in the energy transition. The energy transition refers to the global energy sector’s shift from fossil-based energy production and consumption to renewable energy sources.
This program starts with an examination of the historic transition occurring in energy costs. The cost of renewable power (wind, solar and hydro) has decreased significantly over the past decade, and, in a majority of cases, is cheaper than traditional power sources. However, there are many uncertainties associated with new power sources. This program will provide an introduction to how supply network management can aid companies in taking advantage of opportunities to reduce operational costs. Spurred by many government regulations and social pressure, many companies are reacting to increased attention on ESG (environmental, social, governance). With increased attention from regulators, investors and the public alike, organizations need to look at sustainability issues not as checkbox items but focus on fostering a change in thinking and finding opportunities to foster change in a way that increases the ability to profit.
Capturing Opportunities in the Energy Transition Via the Supply Network focuses on one area of sustainability, the environment. In this program, participants build an understanding – a common language - and a commitment to sustainability by examining ways organizations can financially benefit by transforming their supply networks in line with their sustainability goals. Through case study, small group discussion, examination of new ways of thinking, and insight from community of practice members, participants will begin to build “sustainability competencies” including knowledge, skills, attitudes and values that inspire real-world action.