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Goldman Sachs7 min

ESG Roadmap: The Utilities Sector

Sandra Lawson, Liz

Interview

Goldman Sachs Research's ESG Roadmap Project analyzes critical environmental, social, and governance challenges facing the utility sector over the next 18 to 24 months. The report highlights specific friction points including grid modernization costs, escalating cybersecurity risks from smart grid proliferation, and the precarious investment climate surrounding nuclear power's role in decarbonization. Additionally, it identifies significant data gaps in lobbying, tax transparency, and cybersecurity postures that investors must address to navigate the tension between green energy demands and ratepayer affordability.