Page 2 - Infinity Power Sustainability Report 2024

2 INFINITY POWER 2024 SUSTAINABILITY REPORT

About this report

Infinity Power is a joint venture between Throughout the report, we outline our ongoing Contents
Abbreviations
advancement of the Compact’s Ten Principles,
Egypt’s Infinity and UAE’s Masdar, and
with strengthened efforts in anti-corruption,
since our 2023 acquisition of Lekela 03 A message from our leadership
environmental protection, human rights and ABAC Anti-bribery and corruption
AML Anti-money laundering 04 Performance highlights
Power, we have emerged as Africa’s labour practices, and compliance monitoring.
CO e Carbon dioxide equivalent
2
largest pure-play renewable energy EHS Environment, health and safety 05 Our renewable energy assets
Following last year’s launch of our ambitious EMS Environmental management system 06 Stakeholder engagement and materiality
company. ESG Environmental, social and governance
sustainability strategy, in 2024 we focused on
GW Gigawatt
07 Our strategy
improving our impact across our material areas. GWh Gigawatt hour
Our mission remains constant: to be Africa’s preferred H&S Health and safety
We have strengthened our approach based on
sustainable energy solutions partner, powering HSE Health, safety and environment 08 Delivering standards of energy excellence
evolving stakeholder needs and emerging risks IFC International Finance Corporation
economic growth, social development and enabling 15 Protecting the natural environment
and opportunities. ILO International Labour Organization
communities to realise their potential through access KW Kilowatt
23 Leading the just energy transition
kWh Kilowatt hour
to clean energy.
Our commitments and achievements this year LTI Lost time incident
33 Operating with integrity
LTIR Lost time incident rate
reflect our growing position as a sustainability
This is Infinity Power’s second annual sustainability MW Megawatt
leader in an industry that continues to transform
MWh Megawatt hour 39 Our commitments and targets
report, covering our global operations during the 2024
economies across Africa for the better. RI Reportable incident
calendar year. It builds on our inaugural report to RIR Reportable incident rate

SDGs United Nations Sustainable Development
demonstrate how we deliver clean and reliable energy
This report covers data from all our operations from Goals, also known as the Global Goals
projects throughout Africa while meeting the highest
January 1st to December 31st, 2024, distinguishing STRT Slavery and trafficking risk template
environmental, social and governance standards. UN United Nations
between Infinity Power employees and our

contractors who help build and operate our assets.
We continue our commitment as a signatory
This approach provides a complete picture of our
of the UN Global Compact, and this report
sustainability impact across all activities.
supplements our online Communication on Progress.