SUSTAINABILITY
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enewable energy is a key plank of decarbonisation , and the move to the net zero goals laid out by world leaders during the Cop26 conference .
With supply chains accounting for up to 80 % of an organisation ’ s carbon footprint , the shift away from fossil fuels towards renewable energies , such as solar , wind and green hydrogen , will be pivotal .
Such a global undertaking was always going to encounter significant challenges , and it seems one of these is the supply chain itself of the renewable energy projects needed to drive our net zero ambitions .
A recent WTW report shows how the adoption of more renewable energies is being hampered by supply chain problems .
Willis Towers Watson ( WTW ) is a global advisory company that provides datadriven solutions around risk and capital that are designed to make organisations more resilient .
Its 2023 Renewable Energy Supply Chain Risk Report says that the rising price of raw materials , combined with supply chain shortages , bottlenecks and delays , are putting the future of many renewable energy plans at risk .
WTW surveyed 100 risk and supply chain leaders in companies providing technology , infrastructure and power generation in areas including hydro , solar , wind , biofuels , geothermal , battery storage and heat pumps .
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