Page 3 - Infinity Power Sustainability Report 2024
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3 INFINITY POWER 2024 SUSTAINABILITY REPORT
A message Building on our strong Our expansion into Ivory Coast marks Enhancing our Preserving Africa’s unique We continue to empower women
an important step in our West African
and girls through targeted programs,
sustainability governance
biodiversity
foundation
growth strategy. In South Africa, our with female participation exceeding
Across Africa, there are 1.2 billion new projects and takeover of existing This year, we established a stand- We’re proud to have launched our 50% across our community initiatives.
from our people that call this continent home, operational assets, strengthen our alone Sustainability Committee new biodiversity strategy, which Women-led businesses around our
yet almost half still lack access to position in this key market. to provide robust governance of commits to preserving Africa’s sites are thriving, demonstrating how
secure electricity. We see energy environmental and social matters ecological heritage. We aim to renewable energy can be a catalyst
leadership access as a basic human right, and We’re making significant progress across the group. This embeds deliver a net gain in biodiversity for inclusive economic development.
the past year has reinforced our on our flagship 10 GW wind mega- sustainability at the highest levels across our portfolio by 2030, going
belief that renewable power is not project in Egypt, advancing through of our decision-making processes. beyond the standard of no net
Looking ahead
only essential for the environment, key development milestones in We have further strengthened our loss. This approach recognises the
but key to Africa’s economic partnership with Masdar and Hassan governance with a new digital irreplaceable value of Africa’s natural
As the climate crisis intensifies,
transformation. Allam Utilities. Set to be one of the compliance platform, now used by environments and the responsibility
Infinity Power stands ready to play
world’s largest onshore wind farms, all employees. we have as stewards of the land
our part in Africa’s sustainable
In 2024, we continued our mission this project is central to Egypt’s where our projects operate. From
development. We continue to
to address this, as we built on the renewable goals and to our ambition We’ve made progress against the bird monitoring programs in Egypt
support African governments’
foundation established in our first of delivering 10 GW of clean energy targets set out in our inaugural to reforestation initiatives in Senegal
ambitions to build resilient energy
year of operations. We won over across Africa by 2030. sustainability report, advancing and conservation projects in South
infrastructure while advocating for
3 GW of new projects across Egypt, our four strategic pillars: delivering Africa, we’re implementing concrete
stronger regulatory frameworks
Ivory Coast, and South Africa, more standards of energy excellence, measures to protect the ecosystems
and greater international climate
than doubling our committed “ In 2024 we won over protecting the natural environment, where we operate.
financing. The road ahead will bring
project pipeline. leading the just energy transition,
3 GW of new projects challenges, but also tremendous
and operating with integrity.
across Egypt, Ivory These pillars continue to guide Empowering communities opportunities. We are committed
to transparent reporting on our
through the energy
our approach as we expand
Coast, and South Africa, sustainability journey, sharing both
our operations. transition
doubling our committed our achievements and the areas
Our community investments where we still need to improve.
project pipeline.”
“ We are building on a continue to create meaningful
impact. In 2024, we expanded our We thank our stakeholders for
— MOHAMED ISMAIL MANSOUR strong track record
support for local farmers through their continued support and look
CHAIRMAN
and sustainability solar-powered irrigation systems, forward to working together to power
commitments from our helping build climate resilience Africa’s sustainable future through
in agricultural communities. Our renewable technologies.
founding companies.”
education initiatives, from school
supplies to university scholarships,
— NAYER FOUAD
are creating pathways to opportunity
CEO
for the next generation.