Thinking differently by being different.
It’s now well established through studies such as, ‘Diversity wins’ (2020) by McKinsey & Company that the most diverse companies tend to outperform less diverse peers even on profitability. ?In our view, diversity—spanning identity, background, and thought—forms the bedrock of innovation and creativity, which in turn drive profitability.
Changing the make-up of business units is essential in order to maximize the talent and skills companies can expect to attract and retain.? This is especially true for businesses committed to tackling big challenges like climate change and decarbonisation.
So it is a worry that there has so far been a distinct lack of diversity in the energy sector. The good news is that this means there is plenty of room for improvement, and Arxax is proud to be ahead of the curve. ??
Arxax is in the business of changing the world.
Our goal is to turn an industry that is responsible for 5% of the CO2 emissions in Europe to net zero emissions. A challenge that would have been unthinkable a generation ago.??
Traditional technology is not going to get us there. That’s why our founders focused on the potential of wind and solar, and later on transitioning to building solutions that make access to alternative fuels such as biofuels and hydrogen, faster, easier and affordable.?
Traditional business models are not going to get us there.
Traditional thinking is not going to get us there either. So perhaps it’s not surprising that our team does not look like that of a traditional energy venture. Three fifths female, and from a diverse range of backgrounds, the Arxax team embodies the diverse and inclusive business culture necessary to change the way we do things.?
We understand that adopting and indeed pioneering best practice in terms of diversity and inclusion is essential to achieving our mission of driving the transition to clean energy. Sourcing the best talent, hiring diversely, and working flexibly will allow us to attract the best skills, draw on the experience of a range of team members and together produce a ground-breaking business model.
The name Arxax means ‘innovative, intuitive, adventurous and challenge-seeking’. In other words, it means anything but ‘business as usual’. And this innovative philosophy, which puts a premium on diversity and inclusion, will be as crucial to our success as, for example, green hydrogen itself, and the AI technology that makes it so revolutionary.
Big ambitions like clean energy and net zero emissions call for big, game-changing ideas, and for an openness to new thinking and innovative business practices. All of those things are more likely to emerge from genuinely diverse and inclusive teams. That is why Arxax is committed to revolutionising our industry not just in terms of technology, but in terms of philosophy and above all people.
For us, pioneering best practice in terms of diversity and inclusion is not an optional add-on, but essential to our business of changing the world.
#diversitymatters #thinkdifferently #greenfuture?