2016 progress report. «Promote access to sustainable energy for all»

Transcription

1 2016 progress report «Promote access to sustainable energy for all»

2 WHO WE ARE Twenty per cent of the world s population does not have access to electricity, more than one in every four people in Europe faces energy poverty and nearly 3 billion people do not have access to clean and safe cooking solutions. Access to energy, an essential service, is therefore at the heart of the fight against poverty, climate change and a key driver to reach sustainable growth. For 25 years, ENGIE has been actively working in various ways to provide isolated and poor communities with sustainable energy. Firstly through its staff s involvement in the Group s NGOs, by providing support through our solidarity programs after natural disasters and eventually through direct investments in innovative committed start-ups promoting energy access. ENGIE Rassembleurs d Energies, is ENGIE s corporate impact venture fund, which invests in profitable, local enterprises providing B to C, sustainable and relevant energy access solutions to poor and remote populations. In April 2016, ENGIE reinforced its fund, raising its endowment from 10 million to 50 million. ENGIE Rassembleurs d'energies uses the following multi-criteria evaluation tool to select its companies and to measure their impact over time : The mission of ENGIE Rassembleurs d Energies fits within ENGIE s objective to provide 20 million people around the world with access to sustainable, decentralized energy by 2020.

3 ACHIEVED INVESTMENTS By the end of 2016, 5 years after its creation, ENGIE Rassembleurs d Energies, has achieved 18 investments in enterprises active on 4 continents: Europe, Africa, Latin America and Asia and over more than 15 countries. These businesses cover a wide scope of activities meeting the challenge of energy access and energy scarcity, ranging from energy efficiency for social housing in Europe, to solar power through solar home systems or micro grid or to clean cooking solutions in emerging countries. ENGIE Rassembleurs d Energies has invested so far over 16 million, of which 8 million were deployed in Average invested amount : 800K Targeted duration of the investment : 7 years Minority stake (<40%) Board membership Active support to the enterprise throughout the duration of the investment Online application:

4 OUR IMPACT Our first concern is to generate a social and environmental impact while reaching enough financial return to be able to re-deploy it on other projects. IMPACT IN FIGURES beneficiaries of clean electricity employees tons of CO 2 displaced Number of beneficiaries' evolution 0.89M 0.25M 1.2M 1 ENGIE Rassembleurs d Energies impact is worked out after figures reported by the enterprises Q End 2015 End 2016 The capital invested is funded both by ENGIE group and by ENGIE s employees dedicated saving s vehicle. Indeed, through the dedicated FCPE mutual investment fund, close to 10,000 Group employees contributed to the financing of the fund while investing part of their savings in line with their professional commitment and field of action. Moreover the projects have enabled many synergies within ENGIE, either through the commitment of its employees or through the involvement of its subsidiaries on different markets. ENGIE Rassembleurs d Energies fits in ENGIE s environmental and social policy as an actor committed to sustainable energy access for all while addressing the challenge of energy transition heralded by the Group.

5 ENGIE RASSEMBLEURS D ENERGIES PORTFOLIO Solar home systems SIMPA networks designs and markets PAYG SHS in Uttar Pradesh North of India. Green Village Venture sells lighting solar systems and related services (charging ) to rural populations in India. RURAL SPARK designs and markets SHS in rural Indian areas. ILUMEXICO produces and markets SHS in Mexican off-grid rural areas. FENIX designs and markets PAYG SHS in Uganda. PEG distributes and PAYGO SHS in Ghana and Ivory Coast. BBOXX produces and markets PAYG SHS in Kenya and Rwanda. Renewable micro-grids Mera Gao Power builds and operates solar micro grids in Uttar Pradesh, North of India. Ausar Energy designs and operates solar power plants with storage capacity to feed-in micro grids in West Africa. CDS provides and operates renewable micro grids in remote regions of Mauritania. Clean cooking solutions BIOBOLSA produces and markets modular micro bio-digesters producing fertilizers and biogas in Mexico. SIMGAS produces and markets modular micro bio-digesters producing fertilizers and biogas in East Africa. Green Bio Energy produces and markets waste to energy renewable briquettes and clean cook-stoves in Uganda. Energy efficiency «Les Toits de l Espoir» refurbish and improve energy efficiency of social housing in France. Le Chênelet builds very highly energy efficient social housing in France. H&H assists and houses impoverished households in refurbished buildings in France. LivingStones refurbishes office buildings and converts them into social housing in Brussels. Estera values private forest wastes in biomass heating plants in Pyrenees region.

6 OUR PRESENCE Our partners Global Off-Grid Lighting Association is an independent, not-for-profit industry association. It represents eighty plus members as the voice of the off-grid solar energy industry and promote the solutions they offer. The ARE represents the decentralised clean energy sector with members along the whole value chain. it was founded to act as a solution provider in order to advance access to clean energy and energy services in developing and emerging countries. The European Venture Philanthropy Association (EVPA) is a lively community of organisations sharing the same vision and a common goal: creating positive societal impact through venture philanthropy. Contact ENGIE Rassembleurs d Energies : loic.defontaubert@engie.com