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Energy Australia

EnergyAustralia

Company: CLP Holdings Ltd.

Brand value: $571 million

Change since 2018: 5%

Headquarter city: Melbourne

Industry: Energy

Year formed: 1995

EnergyAustralia (EA) is one of Australia’s leading energy producers and retailers, generating power through coal, natural gas, hydro-electric, solar energy and wind. It serves more than 2.6 million customers. In 2018, Energy Australia was among 10 large corporations working alongside the Business Council of Australia pledging to increase their investment in Australia if planned tax cuts were approved by the senate. EA’s CEO, Catherine Tanna, has said household power supplies should be affordable, reliable and, increasingly, drawn from environmentally friendly sources. Speaking after a huge spike in demand for electricity during the 2018 heatwave led to power cuts, she said increasing use of renewable energy sources would be part of the solution. EA made headlines on the eve of International Women’s Day in 2018 by spending AU$1.2 million to boost, overnight, the pay of 350 of its female staff who were being paid less than their male counterparts.

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