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Prepare for the Worst: Why Businesses are Improving Energy Resilience

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Energy resilience has become a top level business risk, but there are steps you can take to de-risk energy supply interruption.

Although energy resilience is seen as a top-four risk by businesses, nearly 75% of organisations are under-prepared for the growing threat of power supply interruption.

That's according to the latest research by Centrica Business Solutions. Our survey of 1,500 businesses across different sectors examined their readiness for energy-related failure. We asked respondents about their ability to withstand and recover from deliberate attacks, accidents or natural incidents that threaten energy reliability and business continuity.

Our latest research findings capture the energy resilience progress of businesses – two years on from our original 2017 energy resilience research report. The new survey shows a rising awareness of the need to increase energy resilience. 34% now identify energy security as a risk – up from 28% in 2017. This is deemed the fourth biggest threat for the business leaders we surveyed – only narrowly overtaken by financial risk (35%); market  risks (36%) and cyber-crime (42%). The recent research also shows that while more businesses are making progress on the road to energy resilience, it's the most advanced, sustainable businesses that are best prepared.  These organisations are also more ready to grow and innovate by having in place strategies for secure energy that enable them to maximise the competitive advantage of big data and to digitalise and automate their businesses.

Our new report, Future-Proofing Your Company's Energy Needs, highlights rising awareness of resilience as an issue for organisations across the globe, and practical steps you can take to mitigate risk.

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Over the past 6 years, Rachel has been working specifically within the digital marketing space and has worked with some of the country’s top brands. During this time, Rachel was a key attribute to the success of our sister product, Recruitment Buzz, which has firmly established itself as one of the leading publications within the Recruitment sector. Drawing on her knowledge and experience, Rachel has developed a genuine understanding of how content can engage and compel an audience.

Having a passion for travel and culture, Rachel left her hometown of Cardiff to pursue studies and travel and after several years away, Rachel returned to Cardiff and firmly established herself within the development of Business News Wales. Rachel is now responsible for every aspect of web management, marketing and overall production of the Business News Wales brand.

Having learnt some invaluable skills within the marketing industry, Rachel is often called upon for her skills and knowledge of WordPress, HTML, email marketing software, Photoshop design and social media tools.

 

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