In the article titled “The Role of Leaders in Energy Transition and Sustainability,” published by CEO Insights India, Ashwin Raikar, Managing Director of Nauvata Energy Transition (NET) Enterprise Pvt. Ltd., emphasizes the pivotal role leaders play in steering organizations toward sustainable practices.
Raikar asserts that energy transition and sustainability are now imperatives rather than choices. Leaders must bridge the gap between sustainability visions and their practical implementation, ensuring that organizational commitments to green practices are both genuine and actionable.
He highlights the common dilemma leaders face: balancing ethical decisions with business profitability. While sustainable practices may seem less cost-effective in the short term, Raikar advocates for a long-term perspective that values environmental responsibility alongside economic gains.
Raikar also points out the challenge of stakeholder alignment, noting that societal readiness to invest in green products is still evolving. He emphasizes the need for collective adoption of green values across businesses, stakeholders, and consumers to ensure the longevity of sustainable initiatives.
To drive this change, Raikar outlines key strategies for leaders:
- Shaping Vision: Integrate sustainability into the company’s mission and lead by example in reducing personal carbon footprints.
- Driving Strategy: Develop and maintain a credible Net Zero strategy with clear milestones and regular updates to stakeholders.
- Policy Advocacy: Engage in policy discussions to support frameworks that facilitate energy transition and sustainability.
🔗 Read the full article on CEO Insights India