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.
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