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24/03/2023

SP Energy Networks Publish Just Transition Strategy

SP Energy Networks has launched their first ever Just Transition Strategy – outlining the steps we will take to embed the principles of a fair and equitable transition into everything we do.

SP said that they have a key role to play in delivering a Net Zero future, whether that is through enabling a decarbonised future by facilitating low carbon technologies, making sure our network is safe and resilient for our millions of customers, or implementing innovative digital solutions to deliver our plans efficiently and economically.

The strategy, the first of its kind by a UK electricity network operator, lays out SP's track record and future plans to support customers and enable transformational change to ensure a more sustainable future for all.

Vicky Kelsall, Chief Executive of SP Energy Networks, said: "This is a crucial time for the UK’s energy system with the current cost-of-living and energy security crises underlining how important it is that no one is left behind as a result of the transition to Net Zero. We must anticipate the social implications of the shift to a low carbon economy.

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"Our journey to Net Zero will involve multiple, intertwining social and environmental challenges and we must take steps to ensure that these are being tackled in the right way. I am confident that by working together to deliver our new Just Transition Strategy, we can help to create a greener, better future for all."

We have aligned our activities across four Just Transition Principles:

• Acting as a purposeful business, taking steps to reduce our own carbon footprint and ensure our approach to the just transition holds us accountable

• Ensuring that we leave no one behind through support of all our customers, but particularly those most vulnerable, and taking steps to ensure fair and equal access to energy transition benefits

• Working together with our communities, coordinating our approach with local partners and stakeholders, whilst making sure our work empowers and invigorates the communities we serve

• Sharing knowledge and opportunity through investing in re- and up-skilling, and creating a positive, fair working environment for our people

Our vision for a just transition to Net Zero is both a process and an end goal which we cannot achieve alone.

We are committed to reviewing our progress regularly and working collaboratively with stakeholders including customers, our people, communities, regulators, and other industry players to develop and implement solutions that maximise our positive impact.

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