Diamond Magazine
Sussex Community Foundation launches Tackling Poverty report In November Sussex Community Foundation launched the Tackling Poverty Report, part of the Sussex Uncovered Series. The report was launched at the Foundation’s annual meeting at the Brighthelm Centre in Brighton, which was attended by local organisations and charities, as well as numerous donors and supporters of the Foundation. The report, the first of a series of ‘Sussex Uncovered Reports’ focusing on the Foundation’s funding priorities, investigates the population dynamics in Sussex and the levels of poverty and disadvantage in our communities. It highlights particular areas of high need (including Hastings, Portslade, Crawley and Eastbourne) and the four key challenges we are facing in
the county: an aging population, high levels of long-term illness and poor outcomes for those with a disability; inflationary pressures are contributing towards financial hardship and there are multiple deprivation challenges in coastal communities. Kevin Richmond, CEO at Sussex Community Foundation, said: “While there is a lot of stark data, and worrying information in this report, we do not despair. We see hope every day in the amazing charities that we support and the dedicated and inspiring staff and volunteers that work with them to make Sussex a great place to live for everyone." You can read the full report here: sussexgiving.org.uk/who-we-help/whysussex To find out more about the
Foundation’s funding priorities and how you can support, click here sussexgiving. org.uk/our-funding-priorities
Flexible energy contracts management: four key skills In addition, Control Energy Costs bring together businesses that are not able to participate in the wholesale market individually. To safeguard your interests, it’s critical you ensure the people managing your flexible energy contracts demonstrate these four skills: Customisation for individual exposure To tailor energy commodity price risk management to your unique business measures and goals, assess if your consultant understands your risk appetite and the impact of energy costs on your bottom line.
In the realm of energy management, employing an internal resource to manage your flexible energy contract can be a significant risk. Control Energy Cost’s flexible purchasing option means you always have an eye on the market.
Expertise and strategies Scrutinise the background, knowledge and certifications of your energy contract manager. Ensure they possess the necessary expertise and hands-on experience to effectively manage diverse energy portfolios. Data-driven risk management Evaluate whether the risk manager
utilises statistical and technical tools based on live market pricing or relies on intuition. Consider the time horizon of their risk management strategy and assess if it aligns with your business's needs. Transparent communication Effective communication is crucial; enquire about the frequency and quality of communication of your energy contract manager. Ensure they keep you informed about market trends, empowering you to make informed decisions about your energy contracts. Ensuring these key skills are demonstrated will enhance your confidence in your flexible energy contracts management, fostering proactive risk management and ensuring a secure and optimised energy strategy for your business. Contact us if you would like to learn more. cec.uk.com
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