Source: Employee Ownership Association
eaga is a global provider of residential improvement projects, particularly in the field of energy efficiency. It is primarily UK-based but has recently opened new businesses in India and Canada. Turnover increased by 36% to £482.6 million in the year to the end of May 2007 and the company has around 4,000 Partners (employees).
The public sector bodies commissioning eaga view its employee ownership structure as a benefit, and something they can use it to demonstrate value to both politicians and tax payers – 'engaged employees mean high quality services', according to Ross Armstrong, eaga's Director of Corporate and Government Affairs.
Current chief executive, John Clough MBE, and others formed eaga in 1990 as a non-profit distributing organisation to deliver the Government's fuel poverty programmes. In 2000, the structure of these programmes changed, and eaga decided to shift its focus to service delivery rather than management, and to change to a wholly employee owned (EO) company.
Publication Date: 2009-01-01