Enerlogics’ contributed this article to International Business Times: “The Landscape Is Changing: Enerlogics Networks President Scott Ameduri Shares Insights On Net Zero And Energy’s Future”.
Ameduri states that financial institutions withdrawing from the NZBA are bound to change how sustainability initiatives are structured and implemented. Some financial institutions are re-evaluating their participation in broad net zero commitments, preferring to set their own sustainability targets instead of adhering to industry-wide frameworks. “If we move away from ESG initiatives while other countries are pushing forward, can American firms remain competitive internationally?” he asks. “Other regions are setting stricter standards for low-carbon manufacturing. American companies might face financial penalties in global markets if banks don’t incentivize cleaner practices.” Ameduri advises companies to employ a forward-thinking approach to sustainability amid this landscape. He believes that businesses shouldn’t rely on a single energy source and build diverse portfolios that combine on-site generation, storage, and grid-based solutions. Investing in microgrids and energy storage can make them resilient against market volatility and grid instability.”
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