Reporting and policy
As a responsible company, SSE aims to be as transparent as possible. Below you can access reports which detail the contribution SSE is making to society, the environment and the economy.
SSE’s Sustainability Report 2016 provides customers, employees, investors and other stakeholders with detail on how SSE manages its most material social, environmental and economic impacts. Highlights for 2015/16 include: a 22% reduction in total carbon emissions between 2014/15 and 2015/16; reporting our gender pay gap ahead of regulatory requirements; and an £8.9bn and €805m contribution to the UK and Irish economies.
Sustainability data sets
Caithness-Moray impact study
The Caithness-Moray transmission reinforcement is SSE’s largest ever capital investment at £1.1bn. SSE has assessed the most material economic and social impacts of the 100 mile High Voltage Direct Current link between Spittal in central Caithness and Blackhillock in Moray, which include: an estimated £643.5m to be spent with UK-based suppliers and contractors; 217 local people employed in the rural north of Scotland; and £3.55m spend on local accommodation in Caithness and Sutherland and Moray to date.
District heating impact study
Working with partners, SSE has quantified some of the social, environmental and economic impacts of installing a retrofit district heating system at the Wyndford Estate in Maryhill, Glasgow. Highlights include: a 62% reduction in carbon emissions; residents feeling warmer and more satisfied with their heating; and £10m added into the UK economy, £6.5m of which went to Scotland.
View the technical appendices document here.
Keadby wind farm impact study
SSE calculated the economic, environmental and social impacts in the UK from its £100m investment in the construction of Keadby wind farm.
Highlights from the report include: £43m contribution to UK GDP; a net positive CO2 impact from Keadby over the wind farm’s lifetime; and an £8.5mcommunity investment fund available to support to local community projects over 25 years.
Galway Wind Park Sustainability Impact Report
Galway Wind Park (a joint venture between SSE and Coillte) will be Ireland’s largest onshore wind development. SSE and Coillte worked together to quantify the most material economic, social and environmental impacts of the project. Main findings include: €88.7m added to Irish GDP and 1,657 years of Irish employment supported; €20m spent with local suppliers; enough renewable energy generated to power 89,000 homes and save 190,000 tCO2 from being released into the atmosphere; over €150,000 granted to community groups during construction and a multi-million euro community fund available during operation.
Reporting on SSE's Gender Pay Gap
SSE has published its Gender Pay Gap ahead of UK Government regulatory requirements, using the Government’s draft guidelines.
The gender pay gap differs from equal pay as it is not exclusively about men and women doing the same job but being paid differently. When calculating the difference in average earnings, the gender pay gap takes into account all jobs, at all levels and all salaries within an organisation. This means the gender pay gap can result from many different factors. SSE’s gender pay gap is calculated to be 19.4%, broadly in line with the national average of 19.2%.
Return on investment of Barnardo's Works
SSE has estimated the economic return on its investment in the Barnardo’s Works youth employability programme.
Since 2008, SSE has invested over £1m and helped over 230 individuals join the programme.
It found that for every £1 invested, there is a £7.67 return on investment: £2.22 for individuals, £2.07 for wider society and £3.38 for companies, of which SSE receives approximately £1.10.
Community Investment Reviews (Great Britain)
In the last financial year, SSE’s community investment funds in Great Britain delivered £3.1 million in grants to community projects, helping hundreds of not-for-profit organisations realise their ambitions. In the 2015/16 Community Investment Review (Great Britain), you’ll find details of how and where these funds have been spent and read about some of the innovative projects making a real difference in their local area. The report also sets out our commitment to developing our funding programme and supporting local communities to create positive legacies for the future.
Calculating SSE's human capital
SSE was the first UK company to measure the economic value of the skills and capabilities of its employees – calculated to be £3.4bn. Establishing this value allows us to understand how we can best develop and grow these attributes. We have also measured the return on investment from two of our key training schemes which shows how the individual, the employer and wider society all benefit from investment in sustainable employment.
The Good Corporation
Since 2015, SSE has held two events designed to encourage discussion around the nature of the good corporation and its role in modern society. At the events, SSE has discussed its response to the challenge of being a good corporation, including paying people a fair wage and contributing a fair share of tax. Guest speakers from a variety of organisations have been invited to join in the debate to give their opinions on how businesses should adapt and change in the future.
Employee volunteering annual reviews
WHAT A DIFFERENCE A YEAR MAKES
SSE Ireland’s latest annual review of its employee volunteering programme, Be the Difference. The review looks back on the volunteering and fundraising activities of SSE’s employees across the island of Ireland during financial year 2015/16. It was another impressive year of employee volunteering at SSE Ireland, with 490 days – equivalent to a 55% staff participation rate – donated to 51 different charities and community groups.
The review looks at the volunteering activities of SSE’s employees across the SSE Group in 2014/15. It was a busy year for the Be the Difference initiative with 5,058 volunteering days donated, 542 projects supported and £22,000 and €2,400 matched in fundraising efforts.
CDP SUBMISSION 2016
On behalf of 827 global institutional investors, CDP requests information from thousands of the world’s largest companies on their greenhouse gas emissions, and how they manage the risks and opportunities posed by climate change.
In 2015/16, SSE was awarded a score of A- for its disclosure to CDP. We also achieved a 22% reduction in carbon emissions from the previous year.
You can view SSE’s 2015/16 CDP submission here.
The Biodiversity Report 2015 sets out the approach SSE takes to managing the impacts arising from its core business activities.
The report details SSE’s Biodiversity Strategy and the progress the company has made against it.
That strategy focusses on protecting and enhancing biodiversity at the same time as connecting people with the natural world.
In doing so, we also aim to realise the economic benefits of a diverse natural environment.
SSE's economic impact reports
SSE'S ECONOMIC IMPACT REPORTS
Produced by PwC on behalf of SSE, the FY16 report estimates that SSE’s investments and operations contributed £8.87bn to UK GDP in 2015/16, bringing its total contribution over the past five years to £45.4bn (in FY16 prices). This activity supported 113,640 UK jobs. Within the Republic of Ireland, €805m was contributed by SSE to GDP and 4,910 jobs were supported in FY16.
FY16 - UK, Scotland and Republic of Ireland
FY15 - UK, Scotland and Republic of Ireland
FY14 - UK, Scotland and Northern Ireland
FY14 - Republic of Ireland
FY12&13 - UK, Scotland and Northern Ireland
FY12&13 - Republic of Ireland
Transparency around tax
Since 2014, SSE has worked closely with the Fair Tax Mark to improve the quality and quantity of the information it discloses about its tax liabilities and policies, and is proud to remain the only FTSE 100 company to have gained the Fair Tax Mark accreditation. Talking Tax 2016 provides increased transparency and explanation of SSE’s tax disclosure for financial year 2015/16, and is designed to be accessible to non-tax specialists. The booklet also presents SSE's tax strategy in detail for the first time.
Clyde Extension wind farm economic impact study
Clyde Extension is a planned 54 turbine extension to the existing 152 turbine Clyde wind farm in South Lanarkshire, Scotland. SSE, in conjunction with wind turbine supplier Siemens, commissioned a study to investigate the impact of Clyde Extension on both the Scottish and UK economies. The analysis, undertaken by professional services firm PwC, is ground breaking in terms of its detail. Key findings include: the construction phase of the extension will contribute £108.2m and 1,830 years of supported employment to the UK economy; the manufacture, installation and servicing of the turbines will contribute £53m and over 1,000 years of supported employment to the UK economy.
The economic impact of the Living Wage in SSE's supply chain
Research undertaken for SSE by KPMG outlines the economic impact of SSE’s policy of ensuring contracted employees working on its sites receive at least the Living Wage.
By 2020, when all of SSE’s contracts are expected to contain the Living Wage Clause, approximately 800 full-time workers will have received a salary increase – around fives times more than SSE’s direct employees who benefitted from the pay rise in April 2015.