1、KPMG 2025 Global KPMG.Make the Difference.Energy,Natural Resources and Chemicals CEO Outlook Foreword Energy,natural resources and chemicals(ENRC)CEOs continue to face a turbulent world,characterized by fluctuating trading conditions,conflicts,supply chain interruptions,and regulatory uncertainty.Th

2、e disorderly energy transition sees rising output for both fossil fuels and renewables to satisfy an insatiable demand particularly for electricity to power cooling systems,electric vehicles and data centers.Mining companies are in a race to efficiently extract rare earth minerals that underpin rene

3、wable technologies whilst minimizing the environmental impact of their operations.And,with the chemicals sector in a long down-cycle,high inflation and interest rates,together with low growth are a threat to profitability in such capital expenditure-intensive industries.There are significant regiona

4、l variations,with momentum for renewables stalling in Europe,yet surging ahead in China.Renewable deployment in non-OECD countries has grown at twice the rate of OECD countries over the past decade,as both energy demand and investment shifts toward fast-growing markets.Energy efficiency is another m

5、ajor priority,driving innovations like EVs,heat pumps,LED lighting and smart grids,while battery electricity storage capacity is also increasing,but not at the required pace.As energy demand remains high,emissions are increasing,jeopardizing the success of the Paris agreement targets.Against this ba

6、ckdrop,the 2025 CEO Outlook survey presents a barometer of how CEOs across the global ENRC sector are tackling the major economic,technological,geopolitical regulatory,and talent challenges.Artificial intelligence(AI)is playing an ever-greater role in every aspect of the sector,from raising innovati