Irish companies are stepping up their sustainability efforts, with cost savings driving the adoption of energy-efficient technologies and practices, according to new research from energy transition company Pinergy.

The study, conducted with iReach Insights, found that 68% of firms cite financial efficiencies as the main driver behind sustainability initiatives, while 26% aim to reduce exposure to energy price volatility, and 33% are motivated by regulatory compliance.

Adoption of green technologies is gaining momentum. Some 43% of businesses have already installed solar panels, with another 24% planning installations this year. Electric mobility is also on the rise, with 63% of fleets incorporating hybrid or electric vehicles and 38% of non-EV fleets planning to transition in 2026. Additionally, 21% of companies not currently using renewable electricity intend to switch this year.

Despite these gains, Pinergy highlights opportunities to strengthen sustainability execution. Only 46% of businesses actively monitor energy consumption, while 28% lack a dedicated sustainability leader or department. Pinergy recommends closing this “energy monitoring gap” and assigning clear ownership to fully unlock efficiency and cost benefits.

“Businesses are treating sustainability as a strategic imperative driven by the bottom line,” said Daire Keating, chief commercial officer at Pinergy. “The desire for cost savings and energy independence is a powerful catalyst for change. You cannot manage what you do not measure, and without clear ownership, initiatives can lose momentum.”

The research underscores that sustainability investments are no longer optional—they are integral to achieving financial resilience, reducing carbon footprints, and enhancing competitiveness. Forward-looking companies are leveraging solar power, EV fleets, and renewable energy to strengthen operations and secure measurable returns.

Explore how to maximise energy savings and sustainability outcomes by reading the full story.

Photo credits to Pinergy’s LinkedIn