We deliver energy to millions of people. Through our core business and supply chain, we create significant economic value and opportunities for society and communities through taxes, jobs, skills, education, innovation and social impact management. We develop our people and promote diversity across our locations.
We aim to contribute to the development of communities where we have long-term operations. We work together with our stakeholders to find mutual benefits and lasting solutions to common challenges and engage in dialogue with local communities and stakeholders to explain our actions and manage expectations.
One of our most significant contributions to society in terms of monetary value is our purchase of goods and services. Suppliers also represent a significant part of our indirect economic impact, as they create jobs and generate activities beyond our companies. Ensuring support to local industries and suppliers without compromising quality, safety, cost efficiency and other sustainability and business requirements remains a priority.
As part of our long-term commitment to creating shared value, building skills and capacity in the communities where we have activities, is important. A large part of our sponsorships, donations and social investments is allocated to capacity building within science, technology, engineering and mathematics (STEM), based on partnerships with academic institutions and support to science centers. Through our Heroes of Tomorrow programme, we give children and youth the opportunity to develop their talents within the areas of sports, culture and education.
We also create value for society through research, development and innovation.