Denis Collins: Firms can mitigate their exposure to energy risks

"At a macro-level, it is of course, not just the prioritisation of national governments that is to blame for climate change, but our long-standing global addiction to cheap energy, particularly when delivered by fossil fuels."

Businesses can reduce their energy demands by auditing their energy use and eliminating waste, according to CEO of ActionZero Denis Collins. File Picture

Unless you spent the better part of the last decade living under a rock, you will be familiar with the ominous "winter is coming" quote made famous by HBO’s Game of Thrones. Who would have thought, three years after the show finished, that this quote would have eminent, real-world application?

Earlier this year, fossil fuel prices soared, with staggering profits being generated by major oil companies.