ESG is gaining importance. Energy companies invest in green technologies

Over 70 percent representatives of the energy sector observe a rapid increase in investment in a green transformation – according to KPMG data. It has been added that ESG ceases to be treated as a cost or regulatory obligation and becomes a critical tool for building immunity, obtaining financing and risk management.

“According to KPMG data, 72 percent of companies from energy, chemical and mining sectors declare that ESG factors are today permanently included in the model creation model. Over 70 percent of representatives of the energy sector observes a sharp increase in investment in green transformation, and 64 percent of investors involves capital in projects that increase energy efficiency” – wrote in the report.

As reported, investments in pure energy and green technologies in 2024 reached a record $ 2.1 tribute, which means an increase of 11 percent. year on year.

It has been added that 64 percent Investors financed projects related to energy efficiency, 56 percent – with renewable energy sources and low -emission energy, and 54 percent – with energy warehouses and network infrastructure. The increasing impact of European support mechanisms is also visible – from the innovative fund, through EU ETS, to Invest, whose ability to take risks has been increased in recent months.

“The planned dearbonization bank of industry is also to play an important role in the coming years, whose budget was initially estimated at EUR 100 billion,” it was written. (PAP Biznes)

MBI/ GOR/