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Fair for the Future

 

Sustainability First’s new major Fair for the Future Project is helping energy (retail and network, gas and electricity) and water companies better address the politics of fairness and the environment. It aims to:

  • Identify a common framework of good practice/standards for doing this – that goes ‘above and beyond’ legal compliance and basic CSR – that sets the ambition companies need to measure up to in the future – rather than being based on what is achievable now.
  • Embrace disruption so that companies are better able to anticipate, influence and proactively cope with change – including in public opinion.
  • Develop a radical step change in company approaches to engagement, governance and business models.
  • Enable companies to take the initiative to develop new, direct structured relationships with their consumers and wider stakeholders – that build trust.
  • Build a bridge between polarised political debates without being partisan.

The Project was kicked off in Spring 2018 and will run for three years. The Project’s two workstreams entail: developing a ‘Sustainable Licence to Operate’ for energy and water companies; and developing a framework to map political and regulatory uncertainty and risk in the sectors.

 

Project Partners

Anglian Water, BT, Cadent, National Grid, Northern Powergrid, npower, Portsmouth Water, South East Water, SSEN, Thames Water, UK Power Networks, United Utilities, Western Power Distribution and Ofgem

 


Publications

Slaughter and May - Pro Bono Work 


How far do current legal and regulatory frameworks in public utilities deliver for sustainability – and is further legislation required?
January 2021

Notes on Sustainability, Law and Regulation in the Utilities Sector
December 2020 


Developing a 'Sustainable Licence to Operate' in Public Utilities

 

Developing and Embedding a Sustainable Licence to Operate and a Purposeful Business Approach: A ‘How to’ Guide for Public Utilities.
September 2020

Sustainability Metrics in Public Utilities. Discussion Paper.
September 2020

Sustainability, governance and public utilities – the role of the Company Secretary in putting the company's purpose into action. Expert Viewpoint – Fiona Smith.
August 2020

Pillar 3. Talk into Action: Fairness - Emerging Themes
March 2020

Delivering on fairness and the environment: An agenda for responsible business in UK regulated utilities. Mid-way report
January 2020

Pillar 2. Talk into Action: Capital, Competition, Collaboration - Emerging Themes?
September 2019

Fresh insights on purpose #3
September 2019

Pillar 3. Talk into Action: Fairness - expectations, roles, and responsibilities
September 2019

Pillar 2. Talk into Action: How your company might make best use of different types of 'capital' to deliver on its purpose
April 2019

Fresh insights on purpose #2
April 2019

Pillar 1. Talk into action: Purpose and Values - Emerging Themes
February 2019

Fresh insights on purpose #1FtTF Strawman cover
February 2019

Pillar 1. Talk into Action: Embedding Purpose and Values in your Business
January 2019

Framing a ‘Sustainable Licence to Operate’ for the water and energy sectors
Strawman summary leaflet
Strawman: Framework and issues

October 2018


Case Studies – What Can the GB Energy and Water Sectors Learn from Elsewhere on ‘Sustainable Licences to Operate?’

Strategy and Narratives: Nest Corporation
November 2019

Fairness in Social Housing: Peabody
June 2019

Cross Sector Collaboration on Vulnerability in Australia: The Thriving Communities Partnership

Watch Video
March 2019

Defining Purpose and Values: Manchester Airports Group
December 2018


Developing a Framework to Map Political and Regulatory Uncertainty and Risk around Fairness and the Environment in the Energy and Water Sectors

Policy and regulatory risk in public utilities: Two exercises for resilience
November 2020

Briefing: Fair for the Future Project – Delivering on fairness and the environment
April 2020

Briefing: ‘Risk and uncertainty during the corona emergency. Checklist of boards and executive teams to support strategic thinking.’
April 2020

Life in the pressure cooker: How do UK energy and water companies and their investors currently view political uncertainty and regulatory risk around fairness and the environment? – Discussion Paper
February 2020

Political and Regulatory Uncertainty and Risk – The Role of Climate and the Environment – Working Note
February 2020

Briefing note from October 2019 investor round table
October 2019

Political and Regulatory Uncertainty and Risk - The Role of the Consumer 'Lived Experience' - Working Note
October 2019

Political and Regulatory Uncertainty and Risk – The Role of the Media – Working Note
April 2019

Political and Regulatory Uncertainty and Risk – The Role of Civil Society – Working Note
February 2019

Political & Regulatory Uncertainty & Risk - Discussion Paper
8 October 2018

 

project group