Our First Energy Charter Disclosure
AusNet is excited to become a signatory of the annual Energy Charter Disclosure report, which is a CEO-led collaboration that aims to empower one another across the energy supply chain to deliver better energy outcomes for customers and communities.
Energy Charter Disclosure Principles
The 10-page report entails a CEO foreword, key customer project highlights and self-assessment against maturity models (ranked from emerging to exceeding) for five distinctive principles which are:
As you can imagine, this is a major piece of work that has required immense collaboration from AusNet employees and leaders to determine a realistic ranking and evidence via a range of proof points and metrics. Additionally, our Customer Consultative Committee, acting to represent customer voices, were crucially involved in our self-assessment to ensure we are realistically grading ourselves and setting fit-for-purpose and realistic expectations for the 2025 report.
We are currently finalising the disclosure, which will be available for feedback by the end of September 2024. We look forward to sharing it with you soon.
The AusNet Executive Leadership Team and staff recently hosted the Consultative Customer Committee and Energy Charter Disclosure Director and Staff for an engaging all-day forum. The primary goal of the forum was to introduce the Energy Charter Disclosure to our committee and walk them through AusNet’s self-assessment process against the Charter's principles.
Each principle was allocated an hour, during which the committee thoroughly examined AusNet’s self-assessment, including the chosen metrics and evaluation criteria. The day was inaugurated by AusNet CEO David Smales, who presented our refreshed vision and strategy, seeking feedback from our diverse and representative committee.
Following this, Bec Jolly, Director of Energy Charter Discolure, provided insights into the Energy Charter Disclosure’s structure, discussed other signatories (such as Ausgrid, SA Power Networks, and Energy Australia), and outlined the timeline for the report.
The process AusNet has undertaken to develop the Energy Charter outputs was detailed. The forum included one-hour deep dives into each principle, focusing on evaluation, proof points, metrics, and goals for the next report.
The discussions were both extensive and enriching, leaving the AusNet team with a greater understanding of the report contents.
Below are further highlights from the forum.
Chris Bartley, General Manager of Strategy & Sustainability, hearing feedback in the principle 1 deep dive.
Tom Hallam, General Manager of Regulation & Policy, leading the deep dive into principle 2.
Liz Ryan, Executive General Manager of Transmission, discussing principle 3 metrics with a CCC panel member.
Stephen Thompson, General Manager of Customer and Community, leading the deep dive into principle 4 & 5.