Page 27 - Infinity Power Sustainability Report 2024
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27        INFINITY POWER            2024 SUSTAINABILITY REPORT   |   LEADING THE JUST ENERGY TRANSITION
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                 Investing in communities



























                 We want local people to share in the
                                                                                                              Our community investment themes                                                           Our community investments
                 benefits of our utility-scale renewable
                                                                                                                                                                                                        by focus area 2024

                                                                                                              Based on consultation with our project
                 energy projects.
                                                                                                              communities, our investment strategy has
                                                                                                                                                                                                                                               Employment and

                                                                                                              three focus areas, and a cross-cutting theme of
                 Each year we invest a percentage of our revenue directly                                                                                                                                                                    enterprise: 42%
                                                                                                              women’s empowerment. All the projects we invest
                 into community projects around our sites. The areas                                                                                                                                                                           Education and skills:
                                                                                                              in are designed to meet at least one of these aims.
                 where we operate can face systemic development                                                                                                                                                                              39%

                 challenges: limited infrastructure, gaps in formal
                                                                                                                                                                                                                                               Environment, energy and
                                                                                                                1                         2                         3                                                                        climate change: 19%
                 education, scarce skilled employment opportunities,
                 and insufficient healthcare access. By assessing
                                                                                                                ENVIRONMENT,              EMPLOYMENT                EDUCATION
                 communities’ needs and listening to stakeholders,
                                                                                                                ENERGY AND                AND                       AND SKILLS
                 we’re investing in projects that directly address                                              CLIMATE                   ENTERPRISE
                                                                                                                CHANGE                                                                                  Our community investments
                 these challenges while supporting long-term
                                                                                                                                                                                                        beneficiaries 2024
                 sustainable development.

                                                                                                                                  WOMENS’ EMPOWERMENT

                                                                                                                                                                                                                                              Female participants : 51%
                 In 2024, we invested $3.5 million in community
                 development, an increase of more than 10% from 2023.                                                                                                                                                                         Male participants: 49%


                 This year we reached 39,000 participants, with women
                 spent slightly more on community development, the  134                                                           Community projects supported                                                                            Total participants: 39,120
                 and girls representing 51% of beneficiaries. While we
                                                                                                                                  Down from 180 in 2023


                 number of beneficiaries roughly halved compared to

                 2023. This was because we shifted our strategy to focus                                                                          Community members
                                                                                                          39,120                                  benefited
                 our spending on specific groups most in need, including                                                                          Down from 80,500 in 2023

                 smallholder farmers, women and school-age children.

                 We expect the number of beneficiaries of our projects to
                                                                                                          415                   Local jobs created
                 remain more stable in future.                                                                                  Up from 280 in 2023
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