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

Janusz Reichel (), Agata Rudnicka and Błażej Socha
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Janusz Reichel: University of Lodz, Faculty of Management, Department of City and Regional Department, 90-136 Lodz, Poland
Agata Rudnicka: University of Lodz, Faculty of Management, Department of Logistics, 90-136 Lodz, Poland
Błażej Socha: University of Lodz, Faculty of Management, Department of Corporate Finance Management, 90-136 Lodz, Poland

Energies, 2023, vol. 16, issue 18, 1-15

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.

Keywords: energy poverty; energy poverty risk; energy policy; energy transition; non-financial reporting; social responsibility of energy companies; energy companies (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2023
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