We are always conscious of our role in the local communities in which our assets operate and the significant effects on the area, our role as an employer and as a good corporate citizen.
We believe that engagement and consultation with local stakeholders are an important feature of infrastructure projects at each stage of their life cycle in order to maintain their social license to operate. As such, we appoint a dedicated member of our Asset Management team who takes responsibility for local stakeholder engagement through, for example, attending local council meetings, organising educational visits to our projects from local schools, colleges, universities, politicians and also contributing via community funds to local area projects.
- Health and wellbeing: Does the project take appropriate steps to protect the health and safety of its employees an any third party? Is it in compliance with all relevant Health & Safety legislation? Is there a risk of fines, penalties or regulatory intervention?
- Local economic impact: How much of the project’s inputs and supplies are sourced locally and what is the estimated spend? What proportion of the workforce comes from the local area?
- Local social impact: Is the project well screened from key vantage point? Does the project operate within noise restrictions? Does the project cause shadow flicker or interrupt TV signals, and if so, how are these problems mitigated?
- Community engagement: Does the project take steps to manage impacts on the local population or to create positive effects through engagement with the local community? Are educational visits carried out to the project to promote the benefit of the assets?
- Community benefits: Does the project contribute to local community through investment in infrastructure/service provision for public benefit such as section 106 agreements or community benefit payments in the UK?
- Decommissioning: Is the project temporary in nature and will the site be returned to its existing state at the end of the project’s useful life? Does the project have a decommissioning plan in place already? Does this plan promote the recycling of materials recovered from the decommissioning of the project?
Energy Works Hull
Foresight led the origination, structuring and management of Energy Works Hull, the first facility of its kind in the UK that uses a combination of innovative renewable energy technologies to achieve a highly efficient mix of recycling and energy conversion processes.
Once operational, the 25MW plant is expected to divert some 250,000 tonnes of waste away from landfill and deliver an estimated saving of 30,000 tonnes of CO2 emissions per annum over conventional energy generation and a 71% reduction in traffic after switching the site away from its previous use. The site also includes a research centre and the project will support two PhD students from the local university.