While political rhetoric around ESG varies, a structural economic shift toward electrification and clean energy is underway. Global capital is increasingly tied to net-zero commitments and carbon-reduction strategies, making sustainability a requirement for attractive financing and industrial survival. Europe and China are competing to set the standards for the new industrial economy. Through digital product passports and carbon accounting in procurement, the ability to trace and reduce emissions is becoming a primary driver of global trade competitiveness and energy security.
