The EIC has been awarded the King's Award for Enterprise: International Trade, in recognition of its outstanding contribution to UK exports.
The King's Award for Enterprise is the most prestigious official recognition for business excellence in the UK. Since its establishment in 1965, it has been awarded to companies that exhibit exceptional accomplishments in areas such as international trade, innovation and sustainable development.
The EIC was selected for the award in recognition of its global growth and its work to support its members in expanding their international business.
Established in 1943 by 13 British manufacturers of petroleum equipment, the EIC has expanded its membership to over 900 businesses. In 1981, the EIC became fully energy agnostic and broadened its focus to encompass the entire energy sector, including renewables, nuclear, hydrogen, carbon capture, power and oil and gas.
Stuart Broadley, CEO, said: “We are delighted to have been awarded the King’s Award for Enterprise. This recognition, which comes as we celebrate our 80th
anniversary, is a testament to the hard work and dedication of our members and staff, and to the significant role that the energy industry plays in our world. It’s especially important now when the industry is working to transition to net zero while also securing affordable energy supplies to keep the economy running and homes warm.
“As a global organisation, we are committed to helping our members in the UK and beyond export their products and services around the world by facilitating opportunities through our networking events, government relations and the valuable data we provide. We are confident that this award will help us achieve our goal of fostering a healthy, competitive, sustainable business environment as the voice of the worldwide energy supply chain.”
The EIC is one of 148 businesses to receive the King's Award for Enterprise in 2023.