Supplier Development Program
The transformation of the energy system, alongside the digital revolution, entails changing and evolving the way works are performed and how goods and services are supplied. It also means suppliers are essential partners to achieve sustainable progress across our operating footprint.
Companies that stimulate their suppliers to commit to sustainability and circular economy will also be able to better quantify, and then reduce, the total impacts generated.
That’s why we have launched, in 2020, the Supplier Development Program aimed at supporting suppliers growth while, at the same time, contributing to achieving our strategic objectives. The program is currently in place in the countries where we operate to facilitate the just transition to a decarbonized economy providing access to certain services (financial, educational, managerial skills, advisory) , with a specific attention to local small and medium enterprises and their people.
These range from financial instruments that can facilitate access to liquidity, to managerial and technical training programs that promote the conversion of the business, from consulting services on sustainability, circular economy, strategy, M&A and internationalization, to access to catalogs of electric transport and working machines, all the way to services to obtain certifications. Particular attention is paid to initiatives to support the conversion and diversification of businesses, consisting of periodic meetings with individual traditional generation companies to support them in their processes of growth and redevelopment towards expansion in areas such as renewables or new services related to energy efficiency.