Making Social Value Count
for Utilities and Energy

Utilities and energy companies can incorporate Social Value by investing in renewable energy projects, supporting energy efficiency programs for low-income households, and engaging in local community development initiatives.

By using the Social Value TOM System™, these companies can strategically align their operations with social and environmental goals, ensuring that their initiatives are effectively measured and managed.

Incorporating Social Value helps energy companies exceed regulatory requirements and build stronger relationships with communities.

Initiatives such as reducing emissions beyond compliance levels, engaging in transparent communication, and actively participating in community improvement projects can enhance public trust and secure social license to operate.

Utilities and energy companies can create substantial Social Value by implementing measures such as investing in sustainable water management technologies, promoting biodiversity in utility-controlled lands, and offering subsidies for renewable energy solutions to low-income households.

These efforts not only contribute to environmental stewardship but also support economic and social wellbeing in the communities they serve.

The Workspace provides utilities and energy companies with a centralised platform to manage and report on their Social Value initiatives.

It allows for the integration of data across various projects, facilitating seamless updates, comprehensive impact assessments and collaboration among teams. The workspace supports utilities in aligning their Social Value efforts with industry standards and stakeholder expectations, thereby enhancing transparency and accountability.