Energy Poverty—Do Energy Companies Care? Study Results from European Energy Companies

Author:

Reichel Janusz1ORCID,Rudnicka Agata2,Socha Błażej3ORCID

Affiliation:

1. University of Lodz, Faculty of Management, Department of City and Regional Department, 90-136 Lodz, Poland

2. University of Lodz, Faculty of Management, Department of Logistics, 90-136 Lodz, Poland

3. University of Lodz, Faculty of Management, Department of Corporate Finance Management, 90-136 Lodz, Poland

Abstract

Energy poverty is one of the most critical social challenges in the debate about energy transformation. Reducing the risk of this challenge and mitigating the effects are at the heart of public policies. However, not only the government sector can support people who experience or are at risk of energy poverty. The business sector, especially energy companies, which are the main actors in predefining energy systems in individual countries, can actively participate in this process, among others, through socially responsible activities. The article aims to examine to what extent the problem of energy poverty is an element of social responsibility projects undertaken by energy companies. In addition, it was examined to what extent national climate policies address this issue. The study was conducted using content analysis. The results indicate energy companies’ weak interest and engagement in the energy poverty problem. They treat it very peripherally and do not include material topics on the list. The article ends with a set of conclusions for business sector representatives to help develop projects supporting energy poverty combat.

Funder

Faculty of Management, University of Lodz, Poland

Publisher

MDPI AG

Subject

Energy (miscellaneous),Energy Engineering and Power Technology,Renewable Energy, Sustainability and the Environment,Electrical and Electronic Engineering,Control and Optimization,Engineering (miscellaneous),Building and Construction

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