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Origin Energy In Australia

1464 Words6 Pages

Executive Summary: This report is about multinational green energy company, Origin Energy. With its positive contribution to the Australian economy, Origin energy has a leading edge against its competitors and aims in staying at this position by positively interacting and supplying clean energy to rural and urban areas. The main findings of this report include: Internal factors: • Over 6,000 employees • Contains over 160,000 shareholders • 53.1% interest in Contact Energy • Holds over 4.3 million electricity, natural gas customer accounts across Australia • Origin energy is one of Australia’s market leading green energy retailer • 6,010 Megawatt owned or contracted power generation capacity • Portfolio of renewable energy opportunities in Australia …show more content…

Origin energy contributes positively to the Australian community, by tailoring its investment to match the specific needs and aspirations of the communities in which they operate. As a result, each local business and community members have successfully participated in Origin’s projects and created employment to supply their goods and services to small regional communities, who cannot always meet the demands of large scale projects. The graph below depicts Origin’s community impacts – investment. This investment has enabled Origin to make sustainable and long-term approach to ensure that the chosen regions can operate sustain themselves during and after every …show more content…

It is evident that Origin Energy invests most of its resources to sustainable population growth at a level of 48%, and marginally contributes to community cohesion at a 4% level. Although there is a substantial difference between sustainable population growth and community cohesion, it is clear that Origin has carefully divided its resources to correspond with the needs of the community. Energy Education and Community Programs: During the 2012 financial year, ‘Origin Local Savers’ was launched, a community grants program designed to support regional and rural NSW communities to become more energy efficient. Origin has worked in partnership with local newspapers and business chambers to grant each of them with a $1,000 Saver awards incentive in order to become more energy efficient. This grant has enabled Origin energy to not only be the most recognised energy company in Australia with a Generation Portfolio of 13%, but it has also helped teach over half a million Australian kids how to use electricity efficiently and safely. Providing

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