Perspectives podcast: Navigating the energy transition

In an increasingly complex regulatory landscape, Australian businesses are finding new ways to turn sustainability reporting requirements into strategic advantages. As organisations adapt to stricter emissions reporting standards and energy management practices, there are now opportunities to create value while reducing costs.

"We're seeing a shift from thinking about energy as a commodity to an asset, just as important as the people that work in the building," explains Simon Greenfield, Regional Lead for Sustainable Solutions at JLL Asia Pacific, during a recent JLL Perspectives Podcast episode.

For companies beginning their sustainability journey, quality data collection forms the foundation for effective energy management. Claudina Taylor, JLL's Asia Pacific Enablement Lead for Sustainable Operations, notes that while financial institutions have mature data systems in place, many organisations are just starting to implement rigorous data capture processes.

"It starts with data quality and feeds through to your energy strategy," Taylor explains. "We're supporting clients from manual data capture to automation, helping them understand how buildings perform and identify opportunities for optimisation."

The energy market transformation is creating unique opportunities for forward-thinking organisations. Tosh Szatow, Growth and Innovation Manager at Flow Power, highlights that businesses can actually profit from smart energy usage patterns.

"When the grid is full of renewables, price is very low. When it's coal and gas, prices are very high," Szatow explains. "By matching your demand to renewables in real time, you can drive significant value."

While smart building technology offers tremendous potential, implementation challenges remain. Temperature comfort bands, lease restrictions, and stakeholder coordination can complicate optimisation efforts. However, strategic approaches like portfolio baselining and energy efficiency planning can help organisations identify opportunities and secure approval for sustainability investments.

As Szatow concludes, "It's definitely time for the 'create value' mindset to take charge. There's a lot more to gain from being open and creative during this phase of transition."

Ready to explore how your organisation can navigate the energy transition?

Watch the full JLL Perspectives Podcast episode for deeper insights from our sustainability experts: https://co.jll/4fpm56j