Page 40 - Infinity Power Sustainability Report 2024

40 INFINITY POWER 2024 SUSTAINABILITY REPORT | COMMITMENTS AND TARGETS
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Protecting the

natural environment

2030 commitments • Achieve a 35% reduction in operational carbon emissions intensity based on our 2022 baseline

• Commission all projects from 2030 achieving no net loss to biodiversity as defined by IFC Performance Standard 6, while seeking to deliver net gains to biodiversity across the portfolio

• Replant more than double the trees removed during project construction

Material Issue 2024 – 2025 targets 2024 performance Status

Climate change mitigation • Continue annual emissions assessments and quantify the climate benefits (avoided emissions) • Emissions assessment for 2023 and 2024 complete. We plan to

and adaptation of IPH’s environmental focused community investments assess climate impacts of recent community impact projects

• Undertake climate resiliency assessments for new community projects in each • Climate resiliency assessments ongoing

of our countries of operation

Environmental compliance • Zero serious environmental incidents and less than six environmental incidents cumulatively • Zero serious environmental incidents and only two minor incidents

per project over two years across the portfolio

Lifecycle environmental • Improve data quality for operational water use per kWh generated across the portfolio • 2.08 litres of water used per MWh generated. Water reduction

impacts and evaluate ways in which this can be managed sustainably initiatives to be investigated

• Improve data quality for operational waste per kWh generated across the portfolio • 43.7kg of waste produced per GWh generated. Waste reduction

and evaluate ways in which this can be managed sustainably initiatives to be investigated

Biodiversity and • Establish a portfolio-wide protocol for due diligence and sustainable management on biodiversity • Achieved

ecological impacts related issues

• Support the training of a further cohort of bird observers and shut down on demand operators • 13 people were trained through the most recent cohort

through the Gulf of Suez Centre of Excellence in Egypt