In a year of upheaval caused by geopolitical tensions, the ongoing pandemic and an uncertain economic climate, energy CEOs face challenges and opportunities amidst the sector’s ongoing transformation.

As part of our 2022 CEO Outlook, we surveyed 138 energy CEOs in the oil & gas, power & utilities and renewable energy spaces, gathering their insights and perspectives into the business and economic landscapes over the next 3 years.

This report offers a lens into what today’s energy CEOs are doing to plan for economic disruption as the sector continues transitioning to a low carbon economy.

Download PDF

Building and sustaining resilience: The 2022 Energy CEO Outlook

Energy leaders focused on the recession and political and technological risks.



Download PDF (3.3 MB) ⤓



KPMG!
87 %

Believe there will be a recession in the next 12 months

KPMG!
75 %

Think a recession would upend anticipated growth over the next 3 years

KPMG!
59 %

Say an anticipated recession will be mild and short

KPMG!
87 %

Say they plan to put more capital into purchasing new technology

KPMG!
71 %

Think those who worked in offices pre-pandemic will be back in the office regularly in 3 years’ time

KPMG!
66 %

Have committed to allocating more than 6 percent of revenue to make their organization more sustainable

About KPMG’s CEO Outlook

The 8th edition of KPMG CEO Outlook, conducted with 1,325 CEOs between 12 July and 24 August 2022, provides unique insight into the mindset, strategies and planning tactics of CEOs not only comparable to pre-pandemic to today, but also from KPMG’s CEO Pulse Survey conducted with 500 CEOs between 12 January and 9 February 2022, before the Russian government's invasion of Ukraine.

All respondents have annual revenues over US$500M and a third of the companies surveyed have more than US$10B in annual revenue. The survey included leaders from 11 markets (Australia, Canada, China, France, Germany, India, Italy, Japan, Spain, UK and US) and 11 key industry sectors (asset management, automotive, banking, consumer and retail, energy, infrastructure, insurance, life sciences, manufacturing, technology, and telecommunications).

NOTE: some figures may not add up to 100 percent due to rounding.

More in Energy, Utilities & Telecoms

Stay connected

You’ve successfully logged in.

Please close this pop-up in order to get back to the page.

Please provide the following information to register.

The email format is incorrect. This field is required Incorrect email format. Please enter corporate email address.
Email
This field is required
First name
This field is required
Last name
This field is required
This field is required
Job title
This field is required
Company Name

Please tick the box if you consent to KPMGI sending you insights, event invitations and other benefits via email.

By checking this box you consent to KPMGI sharing your personal data with its member firms for marketing purposes, including direct outreach regarding KPMG services.

 

Note: You will receive an email after registration to verify and activate your account. Also you will have options to self-serve to set your preferences for content personalization, subscription to newsletter, opt-in and opt-out from email communication and delete your account any time after registration.