Creating and sharing benefits - IWEA · Creating and sharing benefits Understanding the...

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Creating and sharing benefitsUnderstanding the socio-economic contribution of offshore wind

Mia Fahey McCarthy, Head of Sustainability, Ireland, SSE plc

SSE plc is one of the UK and Ireland’s leading energy companies, involved in the generation, transportation and supply of electricity

SSE plc

Our visionTo be a leading energy provider in a low-carbon world.

Our strategyTo create value for shareholders and society from developing, owning and operating energy and related infrastructure and services in a sustainable way.

Our purpose Provide energy needed today and strive for a better world of energy for tomorrow.

SSE’s 2030 Goals

Six years of quantifying socio-economic impacts

NIGGPORTGORDON

BLACKHILLOCK

Export cable

Scotland

What impact does it have?

Sharing value £6m Community Fund

Partnership and Local Funds

Social return of investment £1 = £3.21

Lessons Learnt

- Set right the wrong as soon as possible;

- Create a strategic response to prevent it happening again.

Key takeaways

• The power of partnership and collaboration;

• Flexibility with communities and other stakeholders;

• Think about what you want to understand and work out what you need to know;

• The importance of the long term;• Be open about the hard lessons.

The Future

Creating and sharing benefits - IWEA · Creating and sharing benefits Understanding the...

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