Jackson has trained many successful fighters, including former UFC Light Heavyweight Champion Jon Jones, former UFC Welterweight Champion Georges St-Pierre, former UFC Women's Bantamweight Champion Holly Holm, former Light Heavyweight Champion Rashad Evans, and a roster of other UFC contenders and World Extr Our weekly culture newsletter from books and art to pop culture and memes sent every Friday. Jackson, 50, grew up near Middlesbrough. Octopuss youthful workforce is poring over energy consumption charts and enthusing about that bespoke tech, called Kraken, which will now be licensed to other utility companies. The other key difference between Octopus and other utilities companies is technology. [9], In 2018 Hanwha Energy Retail Australia (Nectr) chose the Kraken platform, developed by Octopus to provide billing, CRM and other technology services to support its launch into the Australian retail energy market. I dont just want them to come in and do things for the company. The campaign won the 2020 Marketing Week Masters award for utilities, and the 2020 Energy Institute award for Public Engagement. Octopus founding team are from tech rather than energy backgrounds and are determinedly using technology to drive down prices, enable great service and drive towards a renewable future through the smart grid, which is essential to decarbonise affordably. Hello Greg, and thank you for taking the time our to participate in this interview. [27], In November 2021, Octopus announced in Manchester that it had signed a deal with the city region as part of a bid to become carbon neutral by 2038. It was founded in 2015 with the backing of British fund management company Octopus Group, a British asset management company. Octopus began talking to Gores team two years ago. We are also able to license out Kraken to other energy companies, allowing them to make use of the same efficiencies. Rachel started her career in utilities as a consultant where she worked on a number of international energy industry privatisation and restructuring projects. Octopus are on a mission to bring cheaper, greener power to all. As a Senior Partner and Managing Director at BCG, Deepak gained extensive experience transforming legacy businesses through technology, working across the UK, Nordics, US, South East Asia and India. The current energy crisis emerged towards the end of the legal work and due diligence that is needed for such a deal to happen, and provided a dramatic test of the companys ability to handle a large, rapidly developing challenge: We had to demonstrate to the investors that taking on Avro wouldnt get in the way of the long-term mission.. The boss of Octopus Energy has a small tub, which pleases him as it is efficient and fills quickly. There, Rebecca was Head of Marketing for Dyno Rod, and Head of Product for Hive 2 Thermostats, one of the most sought-after energy products of its time. Its actually more than that: bringing down energy costs is one of the reasons I started the business, he says. Stuart has a degree in Economics from Cambridge University. For those that don't know Octopus Energy, they are UK's fastest growing green energy retailer and are currently valued at $2 billion. His first job on the milk round earned him 15 a week and he joined Greenpeace at sixteen. People thought electric vehicles wouldnt take off but look at Tesla now. A day later, Generation Investment Management, a fund chaired by Al Gore, committed to a $600m investment in Octopus. Its technology platform Kraken also achieves dramatically lower cost to serve than rivals, so cheaper, green power is delivered hand in hand with unbeaten customer satisfaction levels. Launched in 2016, Octopus Energy's mission is to bring cheaper, greener power to all through technology. Jackson declined to comment on it. 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. Our first guest is Greg Jackson, CEO and founder of Octopus Energy who will kick the series off on Thursday 26 January. Octopus boss Greg Jackson claims the energy giant has 'never made a profit' on Martin Lewis money show. [24], In July 2021 Octopus rose 12 places on the UK Customer Service Index to 17th, making it the only energy company in the Top 50. What is the number one trait you look for in employees before recruiting them as part your team, and how has this requirement been integrated into the organisations culture and recruitment policy? If the problem persists, please contact support. Tellingly, before the age of 30, he had owned and/or managed a number of small businesses employing 4-60 people and turning over 400k to 4m. About Greg Jackson: Greg is an experienced digital entrepreneur, passionate about making the green energy revolution affordable through technology. Octopus Energy for Business works with companies to provide future-proof energy services, supplying them with 100% renewable and fairly priced power. As someone whose LinkedIn profile professes a love of disrupting industries that underserve customers and society, its no surprise Greg is passionate about enhancing the customer experience. What defines a successful entrepreneur? that helped retail financial services businesses re-invent product offers online. Greg Jackson is CEO/Founder at Octopus Energy Ltd. See Greg Jackson's compensation, career history, education, & memberships. Greg Jackson, CEO Greg Jackson Founder Octopus Energy agrees $600m deal with former-VP Al Gore backed sustainable investment fund We're over the moon to be able to announce our $600 million partnership with Generation Investment Management, a sustainable investment fund, co-chaired by former US Vice-President and climate champion Al Gore. [66] The campaign artwork was exhibited at over 5,000 sites, making it the largest ever digital out-of-home (DOOH) art exhibition. In 2019, Octopus stated that all its electricity came from renewable sources, and began to offer a "green" gas tariff with carbon offsetting. Octopuss other renewables ventures include a huge push to replace gas boilers with heat pumps, and investment in what will be the worlds longest subsea power cable, linking Devon to a vast solar farm in the Moroccan desert. Please talk us through your operating business model, how it generates value and how this gives you a competitive edge in the retail energy market? [64] Kraken also has strategic partnerships with Hanwha Group and Tokyo Gas. Whats your take on this concept and how diverse is your leadership ranks in Octopus Energy? As the Observer arrives at the headquarters near Oxford Circus, in central London, for our interview, Jackson cheerfully leaps up from his desk among the troops. Launched in 2016, the companys mission is to bring cheaper, greener power to all. Following an IPO and acquisition by Oracle Utilities she moved to London with her family in 2018 before coming to Octopus Energy Group to lead global sales for Kraken Technologies. has recommended 5 years in a row. Since launching in 2018, Zoisa's team has accrued 40,000 customers, from SMEs to large organisations such as Arsenal FC. Jackson and his family moved to Albuquerque, New Mexico when he was three years old. Octopus and Tokyo Gas agreed to launch the Octopus brand in Japan via a 30:70 joint venture to provide electricity from renewable sources, amongst other services. Clem joined Octopus from a career in political consultancy for the renewable energy and clean tech sectors. As of September 2021 the company has over three million domestic and business customers, making it the fourth largest energy supplier For those that don't know Octopus Energy, they are UK's fastest growing green energy retailer and are currently valued at $2 billion. Headquartered in London, the company has operations in the UK, France, Germany, Italy, Spain, Australia, Japan, New Zealand and the United States. [10][11], In August 2019, an agreement with Midcounties Co-operative saw Octopus gain more than 300,000 customers, taking its total beyond 1 million. What is the secret behind the growth and success of Octopus Energy? 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. Besides industry-standard fixed and variable tariffs, the company is known for innovative tariffs which are made possible by the national rollout of smart meters. Jackson said that Octopus would be monitoring GB News content to ensure the channel would not be in breach of Octopus' advertising policy. Will Dunn is business editor of the New Statesman. Climate change is no longer this vague thing: people are literally baking in India and Pakistan, he says. His morning routine echoes the tycoons underprivileged childhood. There are companies whose entire asset base [is] in gas, he continues, and they will relentlessly try to tell us gas is the solution, or hydrogen is the solution. This platform was created 50/50 by our tech team and our customer service team, and is worked on and tweaked constantly to create the best process for the team who are looking after customers. Before joining Octopus, Rachel served as the Chief Executive of Ofwat, the UK's water regulator, and as a Senior Partner and Board member of Ofgem, the UK energy regulator. A weekly newsletter helping you fit together the pieces of the global economic slowdown. The boss has now stated that it has "never . Youll be able to fuel your car for free, make steel for free, do indoor farming with virtually zero energy costs. But the current reality is that in government, too, the pace of change is frustratingly slow: a wind farm can be built in 12 months, and an undersea cable between the UK and France can be laid in ten days, but approval and grid connections can take years. John is a highly experienced energy entrepreneur. [26], In September 2021, Octopus was appointed as the Supplier of Last Resort (SOLR) for Avro Energy, acquiring Avro Energy's domestic customers and increasing their customer base to 3.1m customers. I read an article recently where you said Octopus Energy dont have a HR department. He says it took years to find the 10m he needed to launch Octopus. 464 views May 4, 2022 Greg Jackson is the founder and chief executive of Octopus Energy, one of the UK's fastest-growing energy companies. [23], In March 2021 the Financial Times listed Octopus at number 23 on their list of the fastest growing companies in Europe. I want them to feel happy and fulfilled by the work they do. [19], In 2020 Octopus completed two funding rounds totalling $577m, making the company the highest funded UK tech start-up that year. [53], In January 2022, it was announced that Octopus Renewables had bought the Broons/Biterne-Sud wind farm in Cotes dArmor, northeast Brittany, France from Energiequelle for an undisclosed price. [12][13], In both 2018 and 2019, Octopus was the only energy supplier to earn "Recommended Provider" status from the Which? How would you define a successful business leader? Rebecca holds a Bachelor's degree from Nottingham University Business School. In 2006, he sold a customer relationship tech business for 4.5m. In order to provide you with the latest digital energy web services you need to use the latest and greatest web browsers. Our researched showed that Octopus Energy has grown its domestic customer based in UK, from just 198,000 customers in 2018 to over 1.5 million customers in 2020. The engineering part only takes a year.. Greg: Dont get me wrong, profit and value are incredibly important to a companys life-cycle, but happiness should be put above all else. We have an aim to reach over 100 million customers by 2027, whether thats via other companies licensing Kraken or customers joining Octopus Energy, so we never say never for any country or continent, even if we dont have any plans to at the moment. With the crisis that toppled so many suppliers continuing to rage, Jackson thinks the chancellor, Rishi Sunak, is right to plough 15bn into addressing the cost of living: It makes economic sense for the government to find ways to bring bills and inflation down. Greg: While we cant change who our founders are, our leadership team is made up of 50% women, with BAME, LGBT+ and working class representation throughout. Rebecca came to Octopus Energy following an eight-year career at UK energy company British Gas. You cant centrally plan a system thats got 20 million electric cars, two million houses with solar panels, a million houses with batteries, and 5,000 large-scale wind and solar farms.. 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