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.
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