Value of Material Equity Ownership
Real progress towards Reconciliation requires meaningful material Indigenous ownership throughout the life of a project
To make reconciliation real, we, as industry, must ensure Indigenous communities have a seat at the economic decision-making table and enjoy real partnerships that take into account Indigenous values.
Indigenous nation benefits through RETI....
Ownership in sustainable
operating low-carbon
energy transition project(s)
with potential for stable and
predictable financial returns
No need to risk/use any nation money to participate
RETI carries project risks and costs until nation opts to participate as owners, at which point RETI will support to secure access to capital
Protection from debt through governance structure (i.e. Special Purpose Vehicle (SPV))
Project decision-making with material ownership
Environmental stewardship & cultural preservation
Local business opportunities, employment, and training for community members through operations
Opportunity to reinvest revenues into future RETI projects
Through meaningful ownership of major projects Indigenous nations will ensure their environmental, community and economic goals are met
Importance of Board Seats for Indigenous Communities Seeking Project Equity
Transparency & Trust
Direct involvement at the board level fosters transparency, building trust between the project and Indigenous communities.
Decision-making
Indigenous perspectives bring unique insights, fostering more holistic and informed decisions for the project.
Equitable Participation
A seat at the table ensures equitable economic participation, aligning project goals with community benefits.
Representation & Voice
Board seats ensure Indigenous communities have a direct voice in decision-making, emphasizing their pivotal role in the project's direction.
Cultural Respect & Recognition
Presence at the board level underlines the importance of recognizing Indigenous cultures, histories, and values in corporate contexts.
Strengthened Partnerships
Direct representation fortifies the bond between Indigenous communities and corporate entities, fostering mutual respect and understanding.
Community Interests
Board representation ensures that the interests and concerns of Indigenous communities are directly addressed and integrated.
Empowerment & Capacity Building
Board seats empower Indigenous leaders, enhancing their capacity to influence, learn, and lead in corporate settings.
Sustainable Development
Indigenous representation can guide projects towards sustainable and environmentally respectful practices aligned with traditional values.
Economic Prosperity
Board seats facilitate community-driven economic strategies, driving prosperity and benefits back to Indigenous communities.