A groundbreaking international survey of corporate executives spanning 18 countries reveals strong endorsement for swiftly moving toward economies powered primarily by renewable electricity.

Results indicate that geopolitical tensions are hastening corporate adoption of clean electrification strategies, although electricity networks, infrastructure and regulatory setups are struggling to match the pace.

With ongoing regional conflicts and G7 discussions focused on economic stability and supply risks, 91 percent of executives believe electrification enhances energy security while 79 percent report that recent instability has increased urgency for their own electrification plans.

Gathered in late April during periods of supply disruption, the responses show executives in every surveyed nation favor moving beyond fossil fuel dependence, with 90 percent anticipating full electrification of their operations by 2035.

The findings follow an International Energy Agency analysis noting how successive energy disruptions are redirecting investment decisions, alongside calls from upcoming COP31 hosts and the International Renewables Agency for accelerated global adoption of electric solutions in transport, manufacturing and construction.

Survey data further indicates 90 percent of leaders expect a renewables-based power system to drive economic expansion in their countries, and 88 percent believe electrifying operations will strengthen their competitive position.

Nevertheless, 72 percent express concern that government policies are not advancing quickly enough.

Powering Up: Business Perspectives on Electrification cautions that nations slow to embrace electrification may fall behind, as 62 percent of respondents would consider relocating operations without adequate policy support.

Conducted across major economies and emerging markets on behalf of E3G, We Mean Business Coalition and the Global Renewables Alliance, the poll highlights rising corporate demand for clean electrification to secure energy supplies, improve competitiveness and support growth alongside climate goals.

Leaders from medium and large organizations participated in Australia, Brazil, China, Colombia, France, Germany, India, Indonesia, Japan, Kenya, Nigeria, Philippines, Poland, South Africa, South Korea, Turkey, United Kingdom and United States.