The Gas Natural Fenosa Foundation presents the book ‘La creación de valor compartido en el sector energético. 25 casos prácticos’ (Creating Shared Value in the Energy Sector: 25 Case Studies)

The book draws on the experiences of energy companies in contributing to local economic development, improving the environment with a positive social impact and advancing access to energy in developing countries.

The publication provides suggestions and action guidelines for companies and institutions that want to pursue a strategy of Creating Shared Value to generate value for shareholders and society simultaneously.

Gas Natural Fenosa Foundation Director General Martí Solà and President of the Club de Roma office in Barcelona Jaume Lanaspa presented the book La creación de valor compartido en el sector energético. 25 casos prácticos (Creating Shared Value in the Energy Sector: 25 Case Studies) today, with a debate which also saw the participation of Estudio Ramon Folch y Asociados Project Head and book author Josep M. Palau and the Corporate Social Responsibility and Reputation Director at CaixaBank Àngel Pes.

The book, formulated as a technical guide, describes examples and case studies in the energy sector related to applying the Creating Shared Value (CSV) strategy; the strategy is a method of action based on companies' commitment to simultaneously creating value for shareholders and for the society in which they operate. Based on the analysis of all these experiences, the guide offers companies and institutions that wish to enter this area a set of guidelines for implementing the Creating Shared Value strategy in the energy sector, as well as methodologies and tools for its application.

The publication includes 25 case studies from different companies in different parts of the world, presented as data sheets. These case studies are grouped into three categories: the first contains initiatives in which the company's activity directly contributes to local economic development; the second contains experiences of improving the environment which have also had a positive social impact; and the last group describes projects that improve energy access in developing countries.

Real experiences

The first category includes the GAS NATURAL FENOSA hydroelectric power station in Bujagali (Uganda) as an example of practical applicability in creating shared value. In this project, after specific actions were defined and implemented, the company managed to increase buying from local suppliers from 21% to 43%, support five local companies and increase the number of local workers from 22.5% to 43%.

This section also analyses the construction of a BG Group offshore platform in Trinidad and Tobago, the Vestas wind turbine manufacturing complex in China, as well as examples where energy infrastructure implementation projects have incorporated local development strategies geared towards using qualified local suppliers or workers.

The second category includes analyses of experiences improving the environment which have also had a positive social impact, such as the urban transformation of the banks of the Besòs river in the municipalities of Sant Adrià de Besòs (Barcelona), carried out by Endesa, GAS NATURAL FENOSA and Districlima, along with other companies. This project included the replacement of obsolete power generation groups, the construction of a large photovoltaic pergola with a generation capacity equivalent to the annual consumption of 1,000 homes, the remodelling and expansion of the incinerator, and the opening of an energy recovery plant.

Other examples of improving the environment with a positive social impact include the international connection of the electrical grid in the Strait of Gibraltar by Red Eléctrica de España and Office National de l’Electricité (ONE), and the restoration of a lignite strip mine in A Coruña by GAS NATURAL FENOSA.

The third category contains projects for improving energy access in developing countries. It includes examples of collaboration promoted by international agencies as well as energy access programmes developed by companies. Notable cases include those in which an energy company offers unique mechanisms to facilitate energy access, such as those featuring Coelce, a subsidiary of the Enel group, in Ceara (Brazil). In the Waste for Energy programme, families receive credit in the form of discount vouchers for electricity in exchange for depositing garbage in specific collection areas.

Gas Natural Fenosa Foundation

The Gas Natural Fenosa Foundation, founded in 1992, targets its activity at the promotion of information, training and increased social awareness on improving energy efficiency and technological innovation in the field of energy while respecting and protecting the environment, and promotes cultural activities through the Gas Museum aimed at preserving and spreading knowledge about the historical and cultural heritage of the sector. It also has a programme to support exports for small and medium-sized enterprises. Its international operations take place in Algeria, Argentina, Brazil, Colombia, Costa Rica, Mexico, Morocco, Italy and Moldova.

Palau Macaya (Barcelona )(Spain), 7 Jul 2015

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