Our Value Creation Diagram
The Value Creation Diagram illustrates how First Gen generates value for the Company and our stakeholders with all of our resources and processes spread across six different capitals. The model outlines how our capital is transformed into ethical goods and services, aligned with the Company’s Mission, Purpose, and Goals. Each component of First Gen’ s value formation story is reflected in the capital inputs, which translate into beneficial outcomes.
The Company supports and enables these outcomes through various processes, including its Strategy and Synergies Planning (SSP) activities, Risk Management, and various other related Strategic Planning Processes. These activities closely align with First Gen’ s value creation process to ensure our objectives stay consistent and our strategies align with our intended outcomes.
Alongside a comprehensive overview of the Company’s External Environment, First Gen is able to identify opportunities, assess risks, and pursue innovation in areas crucial to our value creation. As a parent company using consolidated capital from all our businesses, we are able to produce consolidated results that make better use of the conglomerate’s energy assets and holdings.