We’re committed to having honest conversations with our stakeholders: employees, customers, suppliers, industry peers and particularly communities where we develop and operate our projects. We are committed to developing and operating our assets in sustainable ways.By Sandi Briner, VP, Corporate CommunicationsĪt EDF Renewables, open, transparent communication is how we do business. Good relations with the community and especially those third-parties who are affected directly by the business are particularly important. We focus on building confidence in our surroundings through predictability and credibility, as well as on open and accessible communication. To achieve this we have to ensure that we are a good investment and a trusted, ethical and well-governed company, highly rated by all its stakeholders.”Īnd Anne C. Bolle, Head of Climate Policies, Public Affairs and Climate Policies, Statkraft, added: “Statkraft will create long-term value for shareholders, employees and other stakeholders through good and transparent governance. Mandy Rambharos, Senior Manager: Climate Change and Sustainable Development, Eskom Holdings, said: “Eskomis committed to being a high-performance organisation. The publication explains what these principles mean for electric utilities, why are they important and what lessons can be learned from the companies’ experiences and the business cases presented. The five guiding principles that will provide meaningful engagement with our stakeholders are inclusiveness, materiality, responsiveness, measurement and transparency. It is not an end in itself, but rather a way of promoting and supporting sustainable development and corporate social responsibility strategies to reconcile, as far as possible, a utility’s activities with those of other collective or individual interests. Stakeholder engagement refers to activities undertaken to enhance two-way communication between an organization and its stakeholders. And that is why we have produced our guide: to help make a smooth transition to a sustainable future.” But we can only get there if all stakeholders work together: business, government and civil society. Our member companies are stepping up to the challenge and scaling up their innovations to create this new reality. Peter Bakker, President, WBCSD said: “We envision a future of energy efficient and environmentally friendly investments in the power sector to respond to our customer needs for cleaner and smarter electricity demand. Increasing energy needs are accompanied by a mounting desire from consumers and other stakeholders to have a voice in determining how, when and where investments are made. At the same time, they will have to fight climate change and address several technical, societal and other environmental questions that will surface as the industry strives to satisfy the needs of its customers. They will be forced to respond to an unprecedented global growth in power demand. In the decades ahead, electricity companies will face a dual challenge. Empowering stakeholders recognizes that engagement activities produce mutual benefits for electricity utilities and stakeholders. Geneva, 5 December 2012- The report was prepared by the WBCSD electric utilities project, along with 10 of its world-leading member companies to share lessons learned from their experiences in different countries and circumstances.
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