Read more . Theyre not doing it because they care about the planet, and theyre not doing it because they care about bills.. Last holiday Cotswold Water Park, with family and friends. Launched in 2016, the companys mission is to bring cheaper, greener power to all. The acquisition was the first step in Octopus' $100m US expansion; at the time of the acquisition, Octopus announced it was aiming to acquire 25 million US customers, and 100 million global customers in total, by 2027. Greg Jackson is CEO/Founder at Octopus Energy Ltd. See Greg Jackson's compensation, career history, education, & memberships. Energetic and emotionally intelligent, Tara has almost 20 years of experience in developing breakthrough customer strategies and bringing out the best, most caring sides of individuals and teams doing the most vital of jobs, customer operations. Greg Jackson is the founder and CEO of Octopus Energy Group, the energy technology group with 3.5 million customers globally, operations in 14 countries and a 4.4bn portfolio of renewable energy assets. About   The first nail in the coffin should have been climate change, then it should have been the fact that renewables are now cheaper than fossil fuels. Driving full energy system change, the Group consists of 10 businesses across the energy value chain, operating in 8 countries globally and supporting 3.2 million customers in the UK. Please talk us through your entrepreneurial journey from when you graduated Cambridge University in 1994 to when you cofounded Octopus Energy in 2015? [5], In December 2021, Octopus Energy announced a long-term partnership with Canada Pension Plan Investment Board, raising US$300m and taking the valuation of Octopus Energy Group to approximately $5bn. In 2006, he sold a customer relationship tech business for 4.5m. With operations in the US, Japan, Germany, Spain, Italy, New Zealand and Australia, Octopus Energy Group's mission to drive the affordable green revolution is going global. In this episode Greg shares not only what it means to be a successful leader and team player, but how to live a more authentic life altogether. He has never taken a bonus, and owns a 6% stake, worth about 240m. Greg: It might be a bit clich, but i definitely admire what Elon Musk has done. Jackson said the size of the supplier with 1.5 million customers meant there was no viable route for the business to be taken on by a competitor before its collapse. Tara has spent two years leading Octopus Energys 1,000 strong UK operations team through a pandemic, an energy crisis and a day that saw 2 million customers submit meter readings all simultaneously. Theyve secured excellent leasing rates on leading EVs, designed a great EV salary sacrifice scheme to help businesses increase the uptake of EVs, created energy tariffs designed specifically for EV drivers, and have partnered with smart charging tech companies to enable customers to access cheap and green energy rates with ease. We'll cover a range of topics, including asking Greg what 2023 holds for the tech and energy sector at this challenging time, and which technologies he thinks are going to make a difference to the sector in the future. As a company we are completely digital, so we asked everybody to take their laptops home on Friday, and when lockdown was announced on Monday, our team just plugged the headsets into their laptops and continued working as usual. I read an article recently where you said Octopus Energy dont have a HR department. [23], In March 2021 the Financial Times listed Octopus at number 23 on their list of the fastest growing companies in Europe. Greg Jackson, Founder & CEO. Prior to Affect Energy, where John built up a strong reputation for good, local customer service in Sussex, he was Managing Director of Thermabead Ltd in Worcester. Aside from that, every experience has helped in some way or another, and been a vital lesson to learn to get me where I am today. Deepak holds an MBA in Marketing, Strategy and Information Systems from the Indian Institute of Management and a B Tech in Chemical Engineering from the Indian Institute of Technology. [42], As part of their partnership agreed in August 2019, Midcounties Co-operative and Octopus established a joint venture to develop the UK's community energy market and encourage small-scale electricity generation. He's founded a number of successful businesses, including e-commerce company C360, built HomeServe's innovation business and is an angel investor in a wide range of tech start-ups. Events  Please refresh the page and try again. I think Im too opinionated. The boss of Octopus Energy has a small tub, which pleases him as it is efficient and fills quickly. Were nothing like Bulb.. [5], By April 2018, the company had 198,000 customers and had made an energy procurement deal with Shell. Jacksons career has been far from typical for the energy business. Mohamed Abubakar, his wife Rasha Al-Buriahi and their four children all sleep and eat in the same room. You are also expanding globally into Australia and Japan, making you one of the fastest growing green energy companies globally. [58], Octopus Energy licenses their proprietary customer management system called Kraken, which runs on Amazon's cloud computing service. It was founded in 2015 with the backing of British fund management company Octopus Group, a British asset management company. Greg is also a strong advocate of maintaining a good work-life balance with his work-life blend, which to him means creating a symbiotic, rather than a compartmentalised relationship between his various work commitments and personal life, so he can remain present in all of them. Zoisa also runs Octopus Energy's renewable generation arm, which recently announced the acquisition of a 3GW portfolio of renewable energy assets across seven countries. Deepak has been involved as a partner to Octopus Energy Group since 2018. We'll monitor any new channels (including this) before running ads and will only advertise if balanced and meets our policies", "As per my message, we didn't boycott - I wanted to see the channel and am true to my word", "GB News hails boycott victory - Full list of advertisers BACKING Andrew Neil's channel", "Octopus Energy's Greg Jackson: 'Climate change is no longer this vague thing', Timeline of the electricity supply industry, Department for Business, Energy and Industrial Strategy, Minister of State for Business, Energy and Clean Growth, Department for Environment, Food and Rural Affairs, Climate Change and Sustainable Energy Act 2006, Centre for Renewable Energy Systems Technology, Hadley Centre for Climate Prediction and Research, Association for the Conservation of Energy, Double Glazing & Conservatory Ombudsman Scheme, https://en.wikipedia.org/w/index.php?title=Octopus_Energy&oldid=1128995384, Electric power companies of the United Kingdom, Renewable resource companies established in 2015, Renewable energy companies of the United Kingdom, Articles with unsourced statements from October 2021, Articles containing potentially dated statements from September 2021, All articles containing potentially dated statements, Creative Commons Attribution-ShareAlike License 3.0, Greg Jackson (CEO), Stuart Jackson (CFO), James Eddison (CTO), Zoisa North-Bond (CEO, Octopus Generation), Rebecca Dibb-Simkin (CMO), Peter Miller (Customer Experience) Fiona Howarth (CEO, Octopus Electric Vehicles), This page was last edited on 23 December 2022, at 02:23. . Pay Minimum wage; Jackson gave up his 150,000 salary when the energy crisis began last autumn, donating the rest of his original salary to Octopuss staff welfare and its financial hardship fund, Octo Assist. [12], Besides the Octopus Energy brand, as of September2021[update] customers are supplied under the Ebico Energy, Affect Energy, Co-op Energy, M&S Energy and London Power brands. By expanding to so many other countries and really capitalising on the technology we create, we are able to have an edge on the competition. I dont just want them to come in and do things for the company. Weve never made a profit and were going to, but weve ploughed everything were going to make into customer support so were not going to make one this year, he says. In your view what does it mean to be an entrepreneur and are all entrepreneurs businessmen or women? This blog is the second in a series of business advice from Octopus Energy's founder and CEO Greg Jackson. Greg is the founder and CEO of Octopus Energy Group, the green energy tech pioneer based in the UK with over 3.1 million customers, further operations in 13 countries and over 23 million accounts licensed worldwide to its green technology platform, Kraken. I learned a big chunk of what I know from a brilliant HR Director, Dennis Shuler at Procter & Gamble, who was a massive advocate of decentralisation and people centred management. In our experience this leads to strong relationships between managers and team members, happier employees and higher productivity. Jon has worked for the last 18 years building a number of successful energy challengers, service innovators and disruptors across both Australia and the UK. Everyone wants to talk about the transition fuel maybe a 20 per cent hydrogen mix in our gas supplies, that kind of thing Even if the hydrogen was zero-carbon which, by the way, the creation of hydrogen so far in the UK at scale is definitely not it would only reduce the carbon emissions of gas by 6-8 per cent because of the lower energy density, [and] it would put bills up dramatically, because hydrogen is a lot more expensive. The migration was hailed as being responsible for E.ON's financial recovery in the UK. How we work  Until recently, he was also a non-executive Director for Zopa, the global pioneer of online peer to peer lending that is now Moneysupernarkets largest non-high street lender and is growing rapidly. Update your browser for a better web experience, here and all over the internet. The green energy firms founder on his sympathy for those struggling with bills and his exasperation at net zero opponents. Hes founded a number of successful businesses, including e-commerce company C360, and is an angel investor in a wide range of tech start-ups. To be the first to hear about our events, get immediate access to new podcast episodes, and hear news picked just for you Join our community! Octopus Energy was established in August 2015 as a subsidiary of Octopus Capital Limited. This interview was originally published on our sister platform, ChangeinAfrica Magazine, the content is wholly owned by Innoglo Ltd. Mon - Fri: Respond with 24 hrs [64] Kraken also has strategic partnerships with Hanwha Group and Tokyo Gas. Im just gobsmacked anyones opposing this., Does being a flag-bearer for green energy get him in hot water at dinner parties? He says it took years to find the 10m he needed to launch Octopus. There is growing evidence that diverse workforces are more productive than non-diverse workforces. James is an e-commerce specialist who was the brains behind a number of high profile tech platforms for clients such as the UK Labour Party, Citroen and Hermes, among others. We speak to Greg Jackson, CEO of Octopus Energy Group, the technology-to-investment energy platform, about the importance of government intervention in energy policy, the role of technology, and how a greener future could be nearer than we think. Wife Rasha Al-Buriahi and their four children all sleep and eat in UK! Graduated Cambridge University in 1994 to when you graduated Cambridge University in 1994 to when you graduated Cambridge University 1994. Sleep and eat in the UK of Octopus Energy has a small,... That diverse workforces are more productive than non-diverse workforces are more productive non-diverse... As it is efficient and fills quickly business for 4.5m just want them to come in and things... 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