Russia´s invasion of Ukraine has dramatically changed Europe´s geopolitical situation. In addition to the war´s tragic human cost, by redefining the world´s geopolitical balance and the position of Russia on the international economic scene, the conflict poses a serious challenge to Europe´s energy transition plan for climate neutrality.
We must reconsider traditional energy supply chains involving Russia and accelerate the shift to renewable energy. However, disruptive changes in renewable energy technology and power storage also challenge the view that gas is still required for a low-carbon energy transition. At the same time, a sharp increase in fossil fuel prices means energy costs will rise and impact the general economic outlook.
Professor Jean-Michel Gauthier from HEC Paris and Professor Mike Rosenberg from IESE Business School will share their thoughts and exchange views with the audience on these issues, in a webinar moderated by Mrs Layal Nabhan, Head of Sustainability Financial Institutions Group - Société Générale C.I.B.
This session is part of a new webinar series from the Business Schools 4 Climate Leadership (BS4CL), a unique collaboration between eight leading European business schools to equip present and future leaders in tackling climate change.
Prof. Mike Rosenberg, Professor of the Practice of Management of Strategic Management, IESE
Prof. Jean-Michel Gauthier, Professor of Finance and Executive Director of the Société Générale Energy & Finance Chair at HEC Paris