GEF: Sustainable Business Models

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Fortnightly Magazine - June 2022
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The Global Electrification Forum panel session “Accelerating Adoption of Sustainable Business Models” brought together experts in the field of technology disruption. They are World Energy Council Secretary General and CEO Angela Wilkinson, ReThinkX CoFounder James Arbib, Volans Founding Partner and Chief Pollinator John Elkington, and Da'Vision and Strategies President David Owens, who moderated the session.
 

Moderator and President, Da'Vision and Strategies, David Owens: This panel will discuss sustainability business models and their applicability to the energy sector. There are models that focus on circularity and on regenerative issues.

Sustainability business models emerged as alternatives, to bridge the gap between the traditional objectives of business. Those traditional directives have focused on profitability, and we want to broaden the discussion to deal with sustainability goals. The goals are environmental, social, and governance.

Many believe we're in a significant transformative period to a greener society driven by changes in public policy, technology, and the need to meet and exceed changing customer expectations. In the public policy area, there's a growing emphasis on the need to stimulate investment and use renewables, energy storage, hydrogen technologies, and microgrids in addition to a revolution in the transportation sector, which relies increasingly on electric vehicles.

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