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