Snowy Hydro Limited

The Australian Business Award for Community Contribution recognises organisations for initiatives that positively impact on the community and generate outcomes that have a long term benefit.

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Snowy Hydro Limited are an energy business backed by the Snowy Mountains Scheme. Their retail companies are Red Energy and Lumo Energy.

At Snowy Hydro, their focus is on supporting and investing in local communities where their staff live and work. They focus on activities that have a wide reach, are accessible and benefit the people of the Snowy Mountains region. Across Snowy Hydro, Red Energy and Lumo Energy, more than $2 million is invested each year in local communities and sponsorships. The company’s relationship with the local communities is core to their Community Partnerships Program. The foundation of the Snowy Hydro Community Partnerships Program is: promotion of health and safety, education, cancer research and support, respect for heritage and community events and projects.

The Snowy Hydro SouthCare Rescue Helicopter service operates throughout the south-east area of NSW and ACT, providing aero medical, search and rescue services. Two years ago, Snowy Hydro and the Cooma Monaro Shire Council joined forces to create the Cooma Universities Centre (CUC) to provide university education opportunities for local students. The Snowy Hydro Young Driver Training Program offers L and P plate drivers at participating stakeholder high schools the opportunity to gain experience in driving, focusing on driver attitudes and behaviours rather than just passing a test.

Snowy Hydro is a major sponsor of the annual “Snowy Ride”, a major event in the local area that raises funds for the Steven Walter Foundation and Childhood Cancer Research each November. Snowy Hydro also actively supports the major event or activity in each of its regional centres. These events showcase regional communities and provide significant benefit to local economies. In addition to their key partnerships, Snowy Hydro also supports around 30 other community activities and events.

Snowy Hydro review all support annually and offer a flexible approach to ensure new and emerging opportunities are identified. Snowy Hydro is being recognised for a Community Contribution Award in the Australian Business Awards 2016.

The Australian Business Awards are the regional chapter of an integrated, hierarchical leadership program conducted on a national and international level. Eligible organisations from each region are invited to participate in the international chapter of the program at The World Business Awards. Conducted annually and currently in the second year of its international launch, The World Business Awards seeks to engage with the world’s business, innovation and technology leaders through a global recognition and knowledge building initiative that is underpinned by the program’s established framework. The program engages with organisations worldwide to benchmark the full spectrum of their products, services and initiatives and to review their business performance. The cycle culminates in the recognition and celebration of organisations that implement world-class business initiatives and industry leading products and services on a prominent and far-reaching scale. All entries must be entered in the regional chapter where the organisation is based.

Organisational participation includes private companies, publicly listed companies, multinational subsidiaries, not-for-profit organisations, non-government organisations, educational institutions, franchise systems, partnerships, government departments, government agencies, local government and statutory bodies operating in Australia.

Initiatives can include but are not limited to projects, programs, processes, systems, technologies, developments, ventures and undertakings.

Entries are assessed utilising a robust and dynamic framework to ensure that the assessment process is pertinent and objective. The World Business Awards Framework (WBA Framework) is utilised as a structured model of assessment that enables the participating organisations to be benchmarked against world class performance standards. The Framework consists of specialised assessment modules pertaining to the evaluation criteria for each of the award categories. The criteria and sub-criteria provide a robust set of requirements that are used as the methodology for benchmarking and learning among the participating organisations.

Organisations that participate are provided with the unique opportunity to benchmark themselves against the top performers globally. The recipients are acknowledged for their achievements and recognised as the elite of their industry earning a place amongst a distinguished group by having their products, projects, initiatives, contributions and achievements recognised on a prominent and far-reaching scale. The program provides the ultimate platform for building knowledge, increasing brand awareness, equity, loyalty and retention through increased exposure, recognition and prestige. This establishes a valuable resource that can be used extensively to create opportunities for publicity, positive organisational profiling and heightened brand awareness within the respective industries both nationally and internationally.

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