Going forward, we see ample opportunity to apply our market understanding, manage risk and explore opportunities. We possess unique competence in terms of navigating complex environments, and we are deeply motivated to engage with the local communities and improve their future. As employees of Scatec, we are driven to work together based on our institutionalised and integrated business model to efficiently find the best approach to our renewable energy projects.
In 2022, we expanded our team internationally by 156 fulltime employees, increasing the total number of employees to 778, mainly in our selected focus markets to support ongoing projects and growth opportunities including in South Africa and Egypt, as well as Norway. With their 50 different nationalities, we are proud of our diverse workforce and see it as an enabler to our success.
Throughout the year, we continued to strengthen our organisation, develop our people, and reinforce our culture. We are building on our heritage and creating a robust organisation that is ready to take Scatec to the next level. Our strategy also sets out key activities for achieving our goals with respect to diversity, equity, inclusion, and belonging (DEIB).
We will continue to recruit business development resources in our focus markets to secure and develop new projects. We are strengthening our employer brand to ensure long-term access to talent, and we offer unique career opportunities by prioritising people growth and development.
When we recruit, we seek top candidates who possess both a cultural and business understanding of our markets. We do this to reduce risk and accelerate growth. Scatec is also developing a leadership development framework to facilitate horizontal career moves. This will enable the development of broader skillsets, multi-functional competencies, and a stronger company culture.
In May 2022, the company appointed a new CEO, Terje Pilskog, who has been a part of Scatec for more 10 years. In addition, Scatec implemented changes to the executive management team to position the company for increased growth and to further strengthen the organisation.
Scatec sees vast opportunities in its key markets to further accelerate the green transition and continue to deliver clean and affordable energy. To deliver on these ambitions, the company expanded its Executive Management team to 11 members and strengthened its regional structure.
The regional approach entails that management will be even closer to Scatec’s main markets to drive growth opportunities for the company and ensure long-term success. Each region, namely Sub-Saharan Africa, Middle East & North Africa (MENA), Asia, and Latin America/Europe, will be responsible for the company’s operating power plants and business development.
We also lifted green hydrogen as a key focus area to executive management level. In addition, Scatec strengthened its business structure to deliver on our strategy in the best possible way. As part of this, the regional organisation is now supported by centralised support and service functions, including People, Strategy & Digital; Sustainability, HSSE & Quality; Legal, Finance, as well as Solutions and Operations & Maintenance.
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