Modern slavery act statement
Good Energy was founded in 1999 with the ambition to tackle climate change by generating and investing in renewable energy.
We source all our electricity from certified renewable sources including solar, wind, hydro generation and biofuels. And we invest in certified carbon reduction schemes so that we’re able to provide carbon neutral gas. We also support households, businesses and communities to generate their own clean power. In everything we do, we’re guided by our purpose: powering the choice of a cleaner, greener future together.
As a founding member of the Social Stock Exchange, we’re committed to running our business in a way that makes a positive social and environmental impact – something which runs beyond the power we supply.
We’re proud to have been an accredited Living Wage employer since 2015. 50% of our board are women, with our CEO Juliet Davenport one of the very few female CEOs in the energy industry. We pay our generators a fair price for their energy, and when we build our own wind and solar farms, we set up dedicated benefits funds that provide annual support to local community projects. Our ethical business practices have seen us named Environmental Business of the Year for 2017, and a Best Buy for energy by the Ethical Consumer.
This statement is made on behalf of Good Energy Group plc in accordance with section 54 of the Modern Slavery Act 2015 (the Act) and constitutes our slavery and human trafficking statement for the financial year ending 31 December 2018. It illustrates how we apply our principles and values and represents our public commitment to challenge and confront the use of forced, compulsory, trafficked or child labour within our supply chains.
At Good Energy, our customers are part of a community of homes and businesses that either:
- buy 100% renewable electricity and/or carbon neutral gas
- generate their own renewable power
- invest in our renewable future as shareholders and/or bondholders
Good Energy is listed on AIM and NEX and has four principal businesses:
- supplying 100% renewable electricity and our green gas to our domestic and business customers;
- administering participation in the Feed-in Tariff scheme for homes and businesses across the UK;
- generating renewable electricity through the solar and wind farms we own; and
- wholesale trading of electricity and gas.
Our suppliers and partners
Our suppliers include large renewable electricity generators and our country-wide network of over 1,400 independent renewable generators and biomethane producers. We also work with various electricity distribution network operators, gas shippers and independent gas transporters.
The partners that support us to deliver our services include suppliers of information technology, digital and telephony systems and metering solutions. We engage specialist contractors and other consultants to help us manage the wind and solar farms that form our portfolio of owned renewable generation assets.
We have also set up strategic links with a number of parties who share our aspiration to create a cleaner, greener future.
The principles that guide us
At Good Energy, we consider the inherent risk of encountering modern slavery within our business, supply chains and strategic affiliations to be very low. Nonetheless, it’s an issue that we take seriously. It goes without saying that we have adopted a zero-tolerance approach towards the use of forced, compulsory, trafficked or child labour within our organisation.
Good Energy operates according to its Guiding Principles and policy framework which describe the standards we expect to meet. These include ensuring that we:
- have robust, fair and balanced recruitment and employment practices in place that help us create an inclusive, diverse workplace;
- identify the individuals and teams most likely to encounter issues related to modern slavery within our supply chains and develop specific training to support them in spotting and addressing issues;
- actively assess risks related to modern slavery as part of the approval process for all new or renewed relationships with delivery partners, suppliers and strategic affiliates;
- keep focusing on incrementally improving our processes and procedures for procuring goods and services, including carrying out appropriate due diligence on suppliers and supply chains to assess modern slavery risks and, wherever possible, eliminate them;
- set clear expectations that our delivery partners, suppliers and strategic affiliates meet the same high standards we set for ourselves, including through express contractual terms (and audit rights) wherever feasible; and
- periodically assess the risk of modern slavery arising within our business and established supply chains to identify areas that would benefit from further investigation.
We review and update our Guiding Principles and policy framework regularly and provide refresher training for all our people at least once a year, or whenever is required for specific updates. We also have a variety of ways to assess whether our Guiding Principles and policy framework are being followed, including internal audit and compliance assurance reviews.
Any risks and exceptions are reported to the Risk & Audit Committee. To date we haven’t had to report on any risks or exceptions related to modern slavery, although we have previously ended relationships with suppliers where we discovered that they were not meeting the standards required by other aspects of our Guiding Principles.