How we work with sustainability
Clean and sustainable energy
Scatec Solar develops, builds, operates and owns solar power plants that generate clean and reliable electricity. Electricity is vital for the economic growth of nations. We strive to increase access to clean, affordable and renewable electricity generation in emerging markets.
Sustainability is an integral part of our organisation and embedded in all business units including project development, solutions/execution, asset management and operations. The sustainability team in each country consists of both corporate support teams and specialists, as well as field workers who report to the global headquarter and ultimately to the Executive Vice President of Sustainability, who forms part of the Management team reporting directly to the Board of Directors. The sustainability team develops key performance indicators reviewed by the management on an annual basis. When relevant, both the Management and the Board of Directors review specific sustainability topics including health, safety, security and environment (HSSE), corruption, procurement, environmental and social impacts and stakeholder engagement, usually on a monthly basis.
Scatec Solar has developed a policy for each material sustainability topic related outlining the key principles and management approach governing the way we operate and address issues. The policy statements and management approach for material topics can be found in the beginning of each chapter of this report. Further information on our corporate governance can be found in the annual report and on our corporate website.
Scatec Solar is committed to operate in line with the Equator Principles and the IFC Environmental & Social Performance Standards to ensure consistent practices across all projects. We work with trusted partners such as the IFC, Norfund, KLP and several larger development banks that all have high standards for the projects and their associated impacts.
IFC Performance Standards
IFC’s Environmental and Social Performance Standards define IFC clients’ responsibilities for managing their environmental and social risk.
The Equator Principles
A risk management framework adopted by financial institutions for determining, assessing and managing environmental and social risk in development projects
The backbone of sustainability reporting is a materiality assessment. This is a process of engaging with stakeholders to understand what type of topics and issues that concerns them.
During 2018 we reviewed our sustainability priorities by reaching out to a range of internal and external stakeholders to get input and feedback on what sustainability issues and topics are most important to them.
Internal: Survey to rank sustainability topics to the Company’s Board of Directors, Management and a broad range of employees from various business units.
External: Interviews with a range of key external stakeholders including project partners, shareholders, lenders and experts in the sustainability field.
Key highlights 2018
Jobs created in projects under construction
Greenhouse gas emissions avoided (tons of CO2)
Numbers of nationalities within our workforce
UN Sustainable Development Goals
The United Nations Sustainable Development Goals (SDGs) are a collection of 17 global goals that together represent a universal call to action to end poverty, protect the planet and ensure that all people enjoy peace and prosperity.
Scatec Solar has a fortunate starting point for contributing to several of the SGDs such as Goal 7 Affordable and Clean Energy.
Review and prioritisation of SDGs
In 2018, we decided to take a step back to review where Scatec Solar can contribute the most to the UN Sustainable Development Goals. Several important factors were considered:
- Our core business objectives and processes: Align the selection of SDGs with our core business, risks and opportunities and our sustainability priorities derived from our materiality assessment and stakeholder feedback.
- Strongest contribution and keeping it simple: Although we believe that Scatec Solar contributes to many of the SDGs, we focus on fewer goals for greater impact. We aimed to identify areas where we can maximise our impacts, but also areas where we see significant risk.
- Feedback from key stakeholders: We collected feedback from employees through an online survey about the SDGs and through active participation in several forums where we discussed our work and improvement areas relating to the SDGs, e.g. a panel discussion led by Grete Faremo, Executive Director of UNOPS (United Nations Office for Project Services) on how the private sector can contribute to the SDGs and best practice examples, and an event led by Sustainability Hub with a range of sustainability professionals providing feedback on the SDGs and how businesses should incorporate them.
In 2019, we will work to set more specific targets for our contribution to each SDG and consider whether we should include additional SDGs.
Three primary Sustainability Development Goals:
SDG 7: As a company we contribute directly to SDG 7 “Affordable and clean energy”. Access to energy is fundamental for economic development and people’s standard of living, which implies that contribution to SDG 7 has a positive impact on several other SDGs.
SDG 8: Providing safe and healthy working conditions for our employees and sub- contractors and protecting labour rights are identified as the most material topics for our business.
SDG 17: Our partnership-based approach is essential to our role as an integrated solar power producer. We aim to select strong and trusted partners with high standards for all projects.
One secondary Sustainability Development Goal:
SDG 4: Education is selected as the core focus for our local development programs. By specialising and gaining valuable experience that can be applied across projects we escalate the effects of our programs. We commit to having at least one long-term education related program in all our solar projects.
As part of meeting our Social and Environmental standards, we have implemented a mechanism for individuals, communities and companies who have concerns, complaints or claims regarding our projects. This is a way to present issues to the administration of the project along with a system to solve these.
We take all grievances seriously. We will confirm receipt of your message immediately and the response time will be a maximum of 30 working days.
Please see below for the public grievance mechanism form.