Powering Through: How Companies Can Mitigate the Risks of Rising Energy Costs

Until last year, most companies regarded energy bills as simply a cost of doing business—and often a relatively low cost at that. While efforts to reduce energy use or move to renewable sources may have been part of a long-term sustainability drive, few companies thought that there was any urgent need to transition quickly. All that changed, however, when Russia turned off Europe’s gas supply in response to sanctions imposed following the country’s invasion of Ukraine.