This is a very common myth but, in the words of Mark Carney, former governor of the Bank of England, “Companies that don’t adapt will go bankrupt without question.”
Without even considering the environmental impacts of continuing dependence on fossil fuels, recent energy price rises demonstrate substantive financial and political implications for organisations, underlining the urgency of reducing reliance on fossil fuels for business sustainability.
Any efficiencies in energy use will reduce emissions AND costs resulting in financial net gain, i.e. the best way of reducing emissions is not to generate them in the first place.
Going to Net-Zero can be done in a smart way to be more resilient in the long-term, more cost-effective and more resource efficient. That means being more sustainable and resilient.