Page 41 - Infinity Power Sustainability Report 2024

41 INFINITY POWER 2024 SUSTAINABILITY REPORT | COMMITMENTS AND TARGETS
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Leading the just

energy transition

2030 commitments • Allocate at least $4 million towards community initiatives across the portfolio, with all community initiatives covered by independent monitoring and evaluation

• Maintain a local community workforce of at least 40% and a national workforce of at least 90% for our operating plants

• Achieve compliance with project social action plans and avoid any serious community grievance

Material Issue 2024 – 2025 targets 2024 performance Status

Labour management • No serious grievances from our employees and resolve 100% of grievances within 30 days • No serious employee grievances and 100% of grievances resolved

for two consecutive years within 30 days.

Community investment • Establish initiatives in each country of our operations focusing on both the environment and energy • Environmental and energy initiatives established in both South

Africa and Senegal but not Egypt

• Support at least 200 jobs and sponsor at least 30 educational bursaries through our community • 415 jobs and 41 bursaries supported in 2024

investment programme

Local job creation and • Achieve 40% employment of local community members at our operational sites • 44% of our operational workforce employed from communities near

renewable energy our projects

capacity building

Diversity and inclusion • Achieve an average of 50% participation of women and girls across all community investment • 51% of participants were women and girls

(including gender) initiatives in the portfolio

Community engagement • Receive less than 25 grievances in total across two years, resolving 100% within 30 days • Two community grievances, one resolved within 30 days

and one within 60 days.

Responsible land • Follow up our Livelihood Restoration Plan at Taiba N’Diaye in Senegal with a community-wide irrigation • Irrigation programme under implementation, with jobs

use/access programme to further enhance revenue streams for farmers in the area and economic community value created.