About VECTOR Our business model
THE WORLD IN WHICH VECTOR STRIVES TO CREATE VALUE//:
HOW VECTOR THINKS ABOUT CREATING VALUE //
INPUTS (RESOURCES)
Financial -- Cash and cash equivalents -- Debt -- Investment in infrastructure
— To create a new energy future, all parts of the Vector Group need to focus on customer choice and control. — In doing this, we will encounter opportunity and risk. — At a macro level, these opportunities and risks are all filtered through the lens of climate change, financial prudence, technological change, and changes to consumer expectations. — In response to these forces, and to create value, we have built a portfolio of energy businesses and/or brands, with varying degrees of maturity. — We take a long-term view with our portfolio. — Each business has its own strategy to create new customer solutions. — They are all supported by active consideration of our portfolio mix and potential partnerships and collaborations with like-minded others, and by a foundation of enabling qualities such as leadership, innovation, sound governance and customer focus. – Our targeted outcomes are consistent with the United Nations Sustainable Development Goals (SDG’s), in particular SDG 3, 7, 9, 10, 11, 13 and 17. We have applied the international integrated reporting framework to capture how we create value. This framework allows us to show how we use our resources or capital. We have represented our core business activities and how our business outputs help achieve our targeted outcomes. We also recognise the important enabling activities that support our various business activities.
Manufactured -- Property, plant and equipment -- Buildings and facilities -- Network
Intellectual -- Vector and utility-specific skills -- Research and development
Social & relationship -- Relationships with customers and suppliers -- Employees -- Collaboration with stakeholders -- Partnerships
Human -- Experienced and diverse workforce -- Responsible leadership
Natural -- Land: for infrastructure and operations -- Solar: for generation of solar power -- Gas: for processing and distribution
VECTOR FOUNDATION AND ENABLERS//:
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