Investors

ESB’s position as Ireland’s leading energy utility, its stable business profile and solid financial position ensures it is well positioned to meet the challenges that lie ahead and to continue to invest at the necessary scale and pace to deliver on its strategic commitment to be net zero by 2040. ESB has a strong balance sheet and liquidity position, and the maintenance of financial strength is key to support the investment required to deliver a net zero energy future.

Find out more

Sustainability

At ESB, we are making a stand for Ireland’s future, a future powered by clean and sustainable electricity. We are committed to leading the transition to a reliable, affordable, net zero energy future. A future that protects our customers and the economy by maintaining the security and affordability of energy.

Find out more

ESB Board Members

Our Board comprises 12 members appointed by the Minister for the Environment, Climate & Communications. Board members include the Chairman, the Chief Executive, six independent Non-executive Directors and four elected Worker Directors.

The Board Members:

bring independent and objective scrutiny to the oversight of the organisation;
are challenging when necessary while being supportive to the delivery of organisational strategy and objectives;
are equipped to offer considered advice on the basis of sound judgement and experience; and
make a time commitment to their work commensurate with their role.

The appointment and remuneration of Board members (including the Chairman) is determined by the Minister for Public Expenditure, NDP Delivery and Reform and the Minister for the Environment, Climate Communications. Under the “one person/one salary rule”, the Chief Executive does not receive a board fee. Terms and conditions are set out in Board member’s Warrants of Appointment.

Karen Halpenny

Appointment and Term
01.01.2023 - 31.12.2026

Career Experience
Worked in ESB International since 2001, primarily in the area of overhead line development. Currently working in Engineering and Major Projects in the HV Cables area as a cable specialist. Holds a Bachelor of Arts (Honours) degree in HRM Strategy and Practice from the National College of Ireland (NCI) and a higher advanced diploma in Applied Employment Law from King’s Inn School of Law. Holds a Certificate in Management and Industrial Relations from NCI and a Certificate in Health and Safety from UCD.

External Appointments
Former President of the Energy Services Union of Ireland (ESU) 2017 – 2021, ESU representative on the Group of Unions forum and recently appointed as ESU representative on the ICTU Health and Safety Committee. Trustee of Electric Aid, ESB’s staff charity and Secretary of the National Worker Director Group.