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Our Approach to Sustainability

Our purpose is to empower people, communities and businesses by responsibly trading energy. As such, our commitment to Environment, Social and Governance (ESG) principles is ingrained into everything we do. As a global energy company, we support the global energy system by responsibly delivering affordable, secure, and increasingly clean energy to the people, communities and businesses that need it most. Our ESG framework is our response to the ESG issues we have identified that could have the most material impact on our business, and those where our business may have most impact on the world. By responsibly trading energy around the world, we promote social and economic growth while advancing the energy transition, contributing to a sustainable future and creating long term value for all our stakeholders.

Carbon Emissions

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tCO2e
Scope 1

0

tCO2e
Scope 2

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tCO2e
Scope 3

All information prepared by CarbonChain for FY 2023

Our contribution to UN SDGs

The 17 United Nations (UN) Sustainable Development Goals (SDGs) provide a global framework to address the most pressing economic, social and environmental challenges. We believe that, while all of the UN SDGs are important, BB Energy is in a position to make the most material impact in regard to UN SDG 7: Affordable and Clean Energy, UN SDG 13: Climate Action and UN SDG 8 Decent Work and Economic Growth.

Engaging with Stakeholders

Stakeholder engagement is critical to our approach to ESG and how we decide what issues are material. We are committed to fostering consistent, coordinated, and meaningful engagements that not only strengthen relationships but also drive continuous improvement across our operations and help us understand the ESG issues that are most material to our business.

BB Energy Foundation

Empowering Women and Children for Sustainable Development

The BB Energy Foundation is an independent entity funded by BB Energy. It prioritises investment in women and children to catalyse sustainable development. Its mission focuses on their education, health, overall well-being, and environmental progress, particularly in poverty-stricken regions where BB Energy operates.

Working in collaboration with non-profits, we believe in effecting meaningful change by addressing societal challenges. Our values, including sustainability, equality, and inclusivity, guide our actions, ensuring integrity, respect, and transparency in all endeavours. Aligned with the Sustainable Development Goals, our strategic objectives aim to uplift marginalised communities, with a spotlight on Lebanon, Rwanda, Guyana, and Morocco in 2024.