82% of CEOs in energy believe AI can lower emissions: KPMG

84% said they are optimistic about the energy sector's midterm growth.

Eighty-two percent of CEOs in the energy, natural resources and chemicals (ENRC) sector believe that artificial intelligence (AI) can support lower emissions and efficient energy. 

According to the KPMG 2025 Global Energy, Natural Resources and Chemicals CEO Outlook, 65% of CEOs now rank generative AI as a top investment, up by 12 points from 2024.

About 72% also said they plan to allocate 10-20% of their budgets to AI over the next year, with 66% expecting ROI within one to three years. 

The report also found that 84% are optimistic about mid-term growth, rising from 72% in 2024. 

However, they cite supply chain resilience, AI integration, and impacts of environmental risks as challenges that could influence short-term decisions.

The report surveyed 110 CEOs of energy companies in 11 different markets with revenues of at least $100m.