A generation and transmission (G&T) electric co-op was receiving inquiries from its credit ratings agencies about its Environmental, Social, and Governance (ESG) efforts—with the most interest on the “E” as its ratings agencies indicated environmental performance has the greatest potential impact on long-term access to capital. Additionally, over the past several years, there was increasing member interest in environmental issues—specifically carbon emissions. Though the co-op had established and published carbon-emissions reduction targets and has long emphasized and established policies to ensure sound governance practices, its leaders recognized the topic of ESG is not going away; “so it is important for us to ground ourselves in the ESG issues most material to our stakeholders.”
Moliehi Mokoroane, a senior analyst in the Atlanta office, joined ScottMadden in 2018. Since then, she has primarily served energy clients within the corporate and shared services space. Holding a degree in industrial engineering from Kennesaw State University, Moliehi specializes in supply chain and warehousing and is an active member of ScottMadden’s supply chain community of practice. She is also a member of the diversity & inclusion committee, assisting with and participating in many of our D&I recruitment events.
This note marks our third Corporate Responsibility Report. Our firm has adapted successfully to a changing business landscape. Our core values remain intact as we move deeper into 2022 and we remain committed and focused on Environmental, Social, and Governance (ESG) issues today and into the future.
Assessments can be incredibly valuable tools for organizations of all sizes. A comprehensive assessment methodology can help you evaluate your organization across multiple dimensions. But what are business assessments, what do they entail, and what are the benefits?
Business Process Outsourcing (BPO) and Shared Services both work to remove manual, operational, and repetitive tasks from the organization’s workflow. But are there differences between BPO and Shared Services? And, if so, what are they?
The Department of Transportation (DOT) will soon begin distributing more than $7.5 billion of funding for Electric Vehicle (EV) charging infrastructure to state DOT agencies and other eligible entities. With such a large amount of federal funding at stake and decisions being made regarding the future of EV charging, utilities and related entities will want to follow the program’s progress.
Shared services are when a business consolidates its support functions to better serve the corporation and its business units, operating as a business within a business, utilizing a well-defined infrastructure to enable higher value service delivery. Typically, this includes services such as human resources, finance and accounting, information technology, supply chain, and other front and back-office services.
The Critical Infrastructure Protection (CIP) Standards are a set of mandatory requirements for owners and operators of electric utilities to protect bulk electric systems from physical and cyber threats. The standards were developed by the North American Electric Reliability Corporation (NERC), an international regulatory authority.
Sussex Economic Advisors is now part of ScottMadden. We invite you to learn more about our expanded firm. Please use the Contact Us form to request additional information.
