ESB launch new ‘Energy for Generations’ fund

New fund from ESB set to benefit local community initiatives

David Baker
by David Baker on 30th January, 2014

ESB recently launched their ‘Energy for Generations’ fund meaning that more than €2m per year will be used to help a variety of community initiatives around Ireland.

Some €1m will go towards helping deal with issues relating to education, homelessness, and suicide prevention. The remainder of the fund will go towards diverse initiatives, including programmes concerning fuel poverty, and helping wind farm communities.

ESB chief executive Pat O’Doherty said that the aim of the ‘Energy for Generations’ fund was to increase the impact of his company’s investment, by way of “taking a more strategic approach” to bring about change.

Mr. O’Doherty added that “funding was only part of the jigsaw”, and that he wanted to utilise the skills and knowledge of the people within his company to produce and maintain positive outcomes.

Suicide prevention and tackling homelessness are two initiatives that the energy company, ESB, have been involved in since 2007. The company is currently Ireland’s biggest private funder regarding suicide prevention.

There is a recognition that education requires support at every level, and the ‘Energy for Generations’ fund is set to benefit primary schools, and all the way up to third level, as well as adult education.

The importance of volunteers has also been recognised. Staff that volunteer for up to 20 hours a year have the opportunity of applying for funding of up to €250 for the registered charity of their choice.