Engie CEO on Earnings Plan, Growth, Nord Stream 2

The video discusses a company's strategic goals to lead the 0 carbon transition for industries and local authorities. It introduces a service model involving long-term contracts for CO2 reduction and investment in smart equipment. The company is shifting from traditional utility activities to integrated solutions, focusing on acquiring service companies rather than utilities. An example project in Hawaii is highlighted, and the Nord Stream pipeline's regulatory challenges are mentioned.

What is the company's main goal in the zero carbon transition strategy?

• To become a leader in the zero carbon transition for industries and local authorities

• To reduce their own carbon emissions by 50%

• To focus solely on local authorities

• To invest in renewable energy sources exclusively

What challenge do local authorities face in achieving zero carbon goals?

• No available technology for zero carbon transition

• Excessive investment capabilities

• Pressure to achieve goals cost-effectively and finance the transition

• Lack of interest in zero carbon initiatives

Why is the company adopting a conservative approach towards acquisitions?

• They are reducing their investment in the utility sector

• They are planning to exit the European market

• They are shifting to integrated solutions and acquiring service companies

• They are focusing on traditional utility activities

How does the company plan to enhance its presence in key markets?

• By acquiring traditional utility companies

• By acquiring service companies and densifying their platform

• By reducing their market presence

• By focusing on a single market

What is the company's strategy for large clients?

• Offering dedicated CO2 reduction solutions for the top 500 global companies

• Providing generic solutions for all clients

• Investing in traditional utility activities

• Focusing on small and medium enterprises

What is the company's involvement in the Nord Stream 2 pipeline project?

• They are opposing the project

• They are financing and investing in the project

• They are not involved in the project

• They are leading the construction of the pipeline

What is the company's investment plan in Hawaii?

• To develop a new tourist attraction

• To build a new university campus

• To construct a new power plant

• To manage a zero carbon transition roadmap with a $1.2 billion investment