Page 36 - Infinity Power Sustainability Report 2024
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36 INFINITY POWER 2024 SUSTAINABILITY REPORT | OPERATING WITH INTEGRITY
Mitigating bribery and corruption These standards extend to our supply chain through
contractually outlined ABAC requirements for all
Operating across diverse African markets exposes
contractors, partners, and suppliers. We always carry
Infinity Power to inherent bribery and corruption
out risk-based due diligence for all contractors, partners
risks that require vigilant management. Our
and suppliers, to help identify risks of corruption or
comprehensive approach includes policies, regular
political exposure, before engaging third parties.
training, and robust due diligence processes
External risk consultants provide additional expertise
to maintain the highest ethical standards.
for high-risk relationships, and as needed, we carry
out enhanced due diligence reviews in transactions or
Our Anti-Bribery and Corruption (ABAC) policy
with third parties that are flagged as high-risk. We also
establishes our zero-tolerance stance toward any
include contractual protections in our counterparty
form of bribery of corruption. Our policy goes beyond
agreements, as a standard practice.
minimum requirements and local laws, and is modelled
on the UK Bribery Act, which is widely recognised as
global best practice. In 2024, we improved training of employees completed
100%
and monitoring compliance with our ABAC framework Anti-Bribery and
using a new digital compliance platform. Corruption training
Every employee completes mandatory ABAC training
during onboarding, with annual refresher courses to
begin in 2025. In 2024, 100% of our employees completed
the course either online via the new platform or during
in-person training. Our procurement, finance, and legal
teams receive additional training to address sector-
specific risks they may encounter.