Industry Leaders Fireside chat: Investment strategies in Asia Pacific in the Climate Change Era
Companies in the energy, refining, and chemicals sectors are reassessing their business models due to the global push for energy and materials transition. One impact on their operating plans is the need for significant capital investments aimed at reducing greenhouse gas (GHG) and carbon emissions. Operating companies are challenged with sourcing and balancing the capital requirements necessary to meet the demands of today's growing fuels and chemicals markets, most of which still rely on hydrocarbon sources. Simultaneously, these companies are exploring large-scale pathways in clean energy sources and non-hydrocarbon feedstocks, amidst an uncertain business environment regarding both demand growth and profitability. The energy transition represents a clear opportunity for the chemical industry that provides the essential materials needed to meet sustainability and climate change goals. Numerous questions remain unanswered, hindering companies' ability to move forward with certainty. Nevertheless, many are forging ahead with strategies and initial investment plans based on current knowledge.
Moderator: Mark Eramo,Global Head of Fuels, Chemicals & Resource Solutions, S&P Global Commodity Insights
Panelists: