01 SGN - Our company strategy 2015-16 Our company strategy 2015-16 02 SGN - Our company strategy 2015-16 02 SGN - Our company strategy 2015-16 Introduction We have a clear vision of what we want our company to look like by the end of our eight-year price control period in 2021. Our strategy outlines what we want to achieve, how we want to achieve it and what we’re prioritising this year to get us there. The four components of our strategy (our vision, our strategy themes, our values and our priorities) are working together to make sure that gas is a vital part of the UK energy solution beyond 2021. “We’re confident that gas has a long-term future and believe that if we implement our strategy with purpose, passion and principle we’ll secure an exciting future for our company.” John Morea, CEO About us We operate over 74,000km of gas mains and services in Scotland and the south of England. Whoever your supplier is, we have a responsibility to deliver gas safety, reliably and efficiently to every one of our 5.8 million customers. It’s your gas, in our network. The components of our strategy Our vision Our values Our strategy themes Our priorities Our vision defines our purpose and the role of our company in our communities. Our strategy themes are the four key areas that our business is focused on to help us achieve our vision and address the issues raised by our stakeholders. These are detailed in our Stakeholder Engagement Strategy. Our values show how we believe in operating as a company. Our priorities are what we’re focused on delivering in the upcoming year based on external and internal influences including; regulatory commitments, targets, financial drivers and responding to changes in policy etc. Our priorities are reviewed at the end of every financial year and approved by our Board of Directors. 03 SGN - Our company strategy 2015-16 Our vision Dedicated to keeping our customers safe and warm by leading the way in energy delivery. What we do Our strategy themes We’re... We operate... We’re investing in the... We believe in... Keeping the gas flowing Safe and efficient streetworks Future of gas Acting responsibly How we do it Our values We believe in... Safety first We take responsibility for our own safety and the safety of those around us Driving performance Efficiency, innovation and continuous improvement will help us deliver excellence and achieve commercial success Looking after customers By listening to our customers, understanding their needs and keeping our promises we can deliver an excellent service that people trust Sustaining our world We maximise our effect on local communities and minimise our impact on the world Putting people at the heart We always work together, talk honestly and treat people with respect What our focus is in 2015-16 Our priorities Energy affordability Security of supply Using our pipes People Technology and innovation 04 SGN - Our company strategy 2015-16 Our priorities What we’re focusing on in 2015-16 Supporting actions include: Energy affordability Our stakeholders have told us that the cost of energy is one of their highest concerns. We’re reducing our impact on customer energy costs. • Maximising the efficiency of our regulated activities to drive cost savings back to our customers • Tackling fuel poverty through our Help to Heat strategy • Developing relationships with powerful stakeholders to influence policy change Security of supply • Attending more than 97% of gas escapes within an hour (or two hours if safe to do so) Keeping the gas flowing is key to our day-to-day activities. • Continuing to reduce the number of properties using gas that are not registered with a gas supplier We’re continuing to invest in our network to meet the standard of service that our customers expect. • Making sure our data is accurate as this is important for the decisions we make via our new Data Governance Committee Using our pipes • Greening the gas by working towards supplying 250,000 homes with biomethane by 2021 Adapting how we work will ensure we have a sustainable future. • Investigating the development of heat networks We’re reviewing alternative options for delivering energy beyond natural gas through our pipes. Technology and innovation Innovation underpins our long-term company strategy. We’re always looking for ways to do things better. • Investigating emerging alternative sources of gas (i.e. synthetic gas, hydrogen, decarbonisation etc.) • Progressing our Network Innovation Competition funded projects, Opening Up the Gas Market and Robotics • Using innovative technologies, such as CISBOT and Core and Vac, to maintain our network efficiently • Reviewing the long-term strategy of our company under our Transformation Project People and communities Developing a strong workforce and building relationships with local communities is important to us. We’re investing in our people and the communities we’re working in. • Implementing the Trailblazer Apprenticeship Scheme to get the right people for the next generation of our workforce • Improving our level of employee engagement by increasing the career development, diversity and expertise of our people • Dedicating 0.5% of our profits to engaging with local communities
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