Page 16 - Infinity Power Sustainability Report 2024
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16 INFINITY POWER 2024 SUSTAINABILITY REPORT | PROTECTING THE NATURAL ENVIRONMENT
Acting on the
climate crisis
The climate crisis demands bold action Measuring our climate impact Despite these challenges, our overall carbon emissions
decreased from 2023 to 2024, reflecting improved
from the renewable energy sector. While our renewable projects directly contribute to
efficiency during expansion. We remain on track
reducing Africa’s carbon emissions, we also carefully
to achieve our 2030 target of reducing operational
Africa is disproportionately vulnerable to climate measure our own carbon footprint. This year, our priority
carbon intensity by 35% from the 2020 baseline as
change impacts despite contributing the least to global was to bring our carbon emission reporting up to date,
these development projects come online and increase
emissions. As Africa’s largest pure-play renewable completing two annual assessments for 2023 and 2024.
our clean energy output.
energy company, we have a critical role in accelerating This builds on our baseline assessment completed
the low-carbon transition and building resilience. for 2020.
3.1M Tonnes of CO e emissions
2
avoided during 2024*
Our target remains to grow our wind and solar portfolio In 2024, our carbon emissions totalled 11886 tonnes of
across Africa to reach 10 GW of renewable power CO e, an almost 7% reduction from 2023. The carbon
2
generation capacity by 2030, decarbonising the intensity of our operations decreased from 3.07kg in
In 2024, we reviewed our carbon accounting
continent’s energy mix. In 2024, our 1,280 MW capacity 2023 to 2.97kg of CO e per MWh in 2024, but remains
2 methodology to ensure it aligns with industry best
generated 4,000 GWh of clean power, avoiding 3.07 higher than our 2020 baseline of 2.58kg.
practice, with a current focus on Scope 1 and 2
million tonnes of CO e emissions. This is equivalent to
2
emissions. While we’ve begun measuring Scope 3
removing more than 670,000 large cars from the road of CO e saved per year through
2
for a year. 268t our climate resilience and nature impacts, including emissions from equipment and
operations, we recognise the need to better understand
protection projects in Senegal
our full value chain. This year, we started engaging
Our priority is developing cost-effective and low-carbon
suppliers to improve our Scope 3 data and build
solar and wind power, and we are also investing in This elevated intensity reflects our recent acquisition and
a more complete picture of our carbon footprint.
battery storage and green hydrogen for reliable supply the activity contributing to advancing our pipeline of
during limited wind and solar availability. We want to development projects.These new assets in development
harness Africa’s renewable potential while boosting are not yet generating power, meaning they contribute to
climate resilience across communities. our emissions without offsetting them through renewable
energy production.
* compared to emissions from conventional fossil fuel sources in Egypt, Senegal, and South Africa
