Page 23 - Infinity Power Sustainability Report 2024
P. 23

23        INFINITY POWER            2024 SUSTAINABILITY REPORT   |   LEADING THE JUST ENERGY TRANSITION










                 Leading the









                 just energy transition
























                 With over 1.4 billion people calling the                                                 Our approach goes beyond simply building clean power

                                                                                                          infrastructure. We invest in community programmes to
                 African continent home, we have both                                                                                                                                                    Highlights
                                                                                                          create long term value and a clean energy future that
                 an extraordinary opportunity and a clear                                                 works for all Africans.                                                                        •  We invested $3.5m into community projects


                 responsibility to ensure our renewable                                                                                                                                                     that directly benefitted 39,000 people local to

                                                                                                          Our community investments focus on education and                                                  our assets
                 energy projects create lasting positive
                                                                                                          skills, supporting local businesses and creating jobs,                                         •  More than half (51%) of the beneficiaries of our
                 change for local communities.
                                                                                                          empowering women and improving energy and climate                                                 community projects were women


                                                                                                          resilience. By partnering closely with communities and
                 As the world moves away from fossil fuels, we want to
                                                                                                          fostering local talent, we can create new opportunities
                 play our part to ensure a just transition and improve
                                                                                                          for growth and prosperity.
                 climate resilience, so that everyone benefits from Africa’s                                                                                                                             Challenges and learning

                 shift towards renewable energy.
                                                                                                                                                                                                         •  Increasing female participation in our

                                                                                                                                                                                                            workforce
                   2030 commitments                                                                    Performance in 2024                                                  Progress


                   •  Allocate at least $4 million towards community                                   •  $3.5 million spent on community

                       initiatives across the portfolio, with all community                                initiatives, a 10% increase from 2023


                       initiatives covered by independent monitoring and

                       evaluation



                   •  Maintain a local community workforce of at least                                 •  44% of workforce are employed from the

                       40% and a national workforce of at least 90% for our                                local community, 99% of our operational

                       operating plants                                                                    workforce are project country nationals



                   •  Achieve compliance with project social action plans  •  Received two minor community

                       and avoid any serious community grievances                                          grievances. No serious grievances
   18   19   20   21   22   23   24   25   26   27   28