Global Business Network (GBN), a member of the Monitor Group, in cooperation with the U.S. Environmental Protection Agency (EPA), gathered senior executives from twenty major U.S. companies to consider the potential energy impacts that U.S. businesses may face over the next decade. Based on four plausible scenarios of the world in 2020, the report Energy Strategy for the Road Ahead identifies a set of strategies that will help businesses act now to prepare for future energy-related risks.
Scenarios are a proven, strategic planning tool that help make planning for the future more tangible and immediate and also help test how decisions made today could affect a company in the future.
Considering changes in global economic patterns and shifts in U.S. policy and regulation towards climate change as key factors that would affect the shape of the future ahead, the following four scenarios were created by the corporate executives who participated in the GBN workshops:
Businesses leaders involved in the workshops were asked to explore the impacts of these four “road” scenarios on energy strategy and management in their companies. They identified five robust steps that companies should take to prepare for the future:
Examples of Executive Leadership:
“As business leaders, it is essential that we plan for the future. Energy Strategy for the Road Ahead provides guidance to help companies prepare for future energy-related risks. Acting now just makes good business sense.”
— Willie Deese, President, Merck Manufacturing Division, Merck & Co., Inc.
“Our participation in Energy Strategy for the Road Ahead has been an invaluable input for developing an innovative energy strategy and management system for our energy- and capital-intensive Natural Polymers Group. We fully appreciate the efforts of EPA’s ENERGY STAR Program and Global Business Network for bringing this project together. We see using this experience as a springboard for such approaches elsewhere within the company and believe it offers similar potential value for other like-minded companies.”
—Dex Brown, Group Vice President of National Starch and Chemical
The ENERGY STAR program provides resources and examples to help companies and organizations master the fundamentals of energy management and plan for the future, including: