Mia Suazo Eriksson
Chief Marketing Officer and Executive Vice President, Nordic Entertainment Group
Global consultancy Oliver Wyman’s Francois Austin is transforming the way companies are viewing sustainability paving the way for them to make the bold shift toward ESG investing.
Austin, the global head of energy at Oliver Wyman, coleads the company’s Climate and Sustainability practice all over the world.
This entails working with clients on a range of climate related agendas, including decarbonization projects in the transportation, energy, and steel industries.
He tells Business Insider: “We are also working with banks to help them think through their lending portfolios in light of climate related risks, and working on projects to do with sustainable finance and ESG investing.”
Austin’s journey within the energy industry began in shipping and trading in Rotterdam.
“I then went into consulting and have worked exclusively in the energy sector ever since, working on operational risk issues in light of well-known industry disasters following major incidents in both major upstream and downstream activities,” he says.
Austin also worked on a number of energy mergers and on restructurings for the power industry.
“This led me to found my own energy consultancy Corven which then got acquired by Oliver Wyman, where I have been since," he adds. "In addition to my day role, I am on the board of the UK Energy Council and lead on the World Energy Council’s Energy Trilemma Index."
Looking ahead, Austin plans to deepen the company’s expertise across the firm and work with different stakeholders.
When asked about what his future holds in the industry, Austin says: “I plan to deepen our expertise in Climate and Sustainability across the firm and work with clients on impactful projects in various industries. Our team also plans to work on exciting collaborations, such as the creation of a climate-linked credit analytics model suite, providing credit risk assessments of companies under a range of climate scenarios.”