Page 22 - Apraava Energy Report_01-73
P. 22
22 Energy in action
Stakeholder engagement process and significance
The three major steps for achieving positive and effective stakeholder engagement are represented below.
Stakeholder Stakeholder Stakeholder
Identification Prioritisation Engagement Plan
Stakeholders are the backbone of our value chain as they serve as the guiding light for the efficient functioning of
our operations through:
Collaboration and Consultation and Informing and Staying informed
empowerment evolution engaging and updated
Stakeholder focus areas and engagement framework:
Stakeholder Why we engage Mode of engagement Focus areas
in focus
CLP Holdings Ltd. CLP Holdings through its • Board meetings • Strategy & policy guidance
subsidiary holds 60% stake • Management reports • Business planning
in Apraava Energy • Business review meetings • Performance & monitoring review
• Site visits/audits • Innovation & new business models
• Project/business performance
Caisse de dépôt et CDPQ through its • Board meetings • Strategy & policy guidance
placement du subsidiaries holds 40% • Management reports • Business planning
Québec (CDPQ) stake in Apraava Energy • Business review meetings • Performance & monitoring review
• Site visits/Due diligence • Innovation & new business models
• Project/business performance
Lenders Lenders strengthen our • Lender meets • Funding requirements
financial stability during • Project reports/periodic filing • Project/business performance
project expansion • Site visits/audits • Banking and treasury need
Customers Purchasing decisions of customers • Techno-commercial interactions • Understanding customer requirements
determine our sustenance in the • Top management interactions • Generation and dispatch planning
utility sector. We provide clean, • Resolving technical and commercial
convenient, and affordable energy as issues
well as other services of value that
meet the needs of our customers.