At Xynteo, we left 2023 with a sense of optimism in the potential for the coming year, but also with reminders of the challenges that lie ahead.
A controversial COP that wasn't as bold as required, supply chains realigning after the pandemic and in response to global conflicts, and an inflationary environment that continues to strain consumer and business finances. There is a lot that businesses and their leaders need to tackle in 2024.
The good news is that a renewed recognition of the importance of collaboration has taken hold across the planet, as businesses find new ways and new partners to co-create paths to growth. To truly achieve a brighter future, we need leaders, organisations, and partners that can confidently set and deliver the path to good growth, for both people and planet.
The path ahead promises twists, but sustains an upward trajectory. 2023's resilience has set the stage for 2024's revival.
In this report we dive into our view of five key sectors that are leading the transformation of our world and economies, how 2023 impacted them, and what we see as the major trends for 2024.
- Energy
- Finance
- FMCG
- Heavy Industry
- Transport
Each demonstrates the challenges they face, the positive impact taking place, and a view of the critical trends that will unfold over the next year.
Download our report below.
As we move further into 2024, energy demand will continue to grow, especially in Asia. And as such we need to focus on supporting renewable energy supply across the continent.
Shuayb Ismail
Associate Partner, Xynteo
Large private equity deals were in a holding pattern for much of 2023, as soaring interest rates render debt acquisition extremely difficult. This saw many funds pivot towards real estate, infrastructure, and credit, as avenues to accelerate ambitious transition projects.
Emily Barrett
Associate Partner, Xynteo
In 2024, there is immense potential to accelerate sustainable solutions which can deliver commercial advantage if brands step up collaboration when tackling entrenched challenges.
Ellie Besley-Gould
Associate Partner, Xynteo
New entrants, however, made commendable progress this year. Success is based on a customer-back approach whereby they leverage offtake agreements with green premiums to raise capital for development—and move from talk to implementation and impact.
Ole Bjelland
Principal
Transport decarbonisation projects are ramping up to become large-scale, with many low- and middle-income countries investing, for example, in electric buses.
Lara Tyrrell
Associate Partner
Xynteo partners with the world’s largest organisations to unlock people and planet-positive growth.
From embracing the opportunity of net zero and transitioning to a circular economy, to creating socially inclusive solutions and reshaping an equitable stakeholder ecosystem; we bring a new approach to how businesses think, lead, partner, and act.