# Decarbonization Doesn’t Mean Less Profit: Part 2

By Ron Stefanski · Published 2023-07-26 · Updated 2026-05-19 · Energy on MarketScale
Canonical: https://www.marketscale.com/industries/energy/decarbonization-doesnt-mean-less-profit-part-2
Creator hub: DisruptED

> Companies are discovering that sustainable energy transitions can drive significant revenue growth alongside environmental responsibility

## Key points

- Decarbonization initiatives can generate significant revenue growth, not just cost savings.
- Sustainable energy transitions create new business opportunities and competitive differentiation.
- Companies that align environmental responsibility with financial strategy tend to outperform peers.

Block Field

As the world grapples with the urgent need for decarbonization, the stakes are high, with the [Intergovernmental Panel on Climate Change (IPCC)](https://becauseipcc.thesuccession.ca/about/?gclid=Cj0KCQjwiIOmBhDjARIsAP6YhSWGvv4wwf5SZc-Uv1U60kCX-DOpGMYZR0uqlN3iZtl1PqZztzNJtQMaAgj5EALw_wcB) warning that we have less than a decade to prevent irreversible damage to our planet. Amid this crisis, a remarkable trend is emerging: businesses are proving that it’s possible to prioritize decarbonization and still turn a profit. One such company, [**Engie North America Inc.**](https://www.engie-na.com/), has seen a [$30 billion increase](https://www.engie.com/sites/default/files/assets/documents/2022-03/Integrated_Report_2022.pdf) in revenue since deciding to transition from fossil fuels to renewable energy five years ago.

> Businesses are proving that it’s possible to prioritize decarbonization and still turn a profit.

But how can businesses successfully navigate this transition and what does it mean for the future of the energy sector? These are the questions being explored in Part 2 of this episode of [DisruptED](https://marketscale.com/shows/disrupted/), hosted by [Ron Stefanski](https://www.linkedin.com/in/ronjstefanski/). Joining him is [**Kristen Fornes**](https://www.linkedin.com/in/kristen-fornes-27663718/), VP Business Development at **Engie North America Inc.**, who shares her insights on running a profitable sustainable business.

In this episode, they discuss:

- The economic incentives that can drive sustainable practices.
- The role of the public and nonprofit sectors in facilitating the transition to renewable energy.
- The challenges and opportunities in hiring talent for a rapidly evolving industry.

Listen to Part 1 [here](https://marketscale.com/industries/education-technology/decarbonization-doesnt-mean-less-profit-part-1/).

### About the Guest

**Kristen Fornes**, originally from Dayton, Ohio, moved to Chicago in 2008 to pursue a finance degree at DePaul University. She began her career in energy sales and quickly moved up the ranks at Engie, a company that has undergone a remarkable transformation in the last five years. Engie has transitioned from being a fossil fuel giant to a leading player in renewable energy, demonstrating that it’s possible to run a profitable, sustainable business while contributing to the fight against climate change.

Tags: Climate Change, engie north america, ESG, Kristen Fornes, Profitability., Ron Stefanski

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