Page 6 - Infinity Power Sustainability Report 2024
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6          INFINITY POWER            2024 SUSTAINABILITY REPORT










                                                                                                                                                                                                                                                                                                                 Biodiversity and ecological impacts
                 Stakeholder                                                                                                                                                                                                                                      Local job creation                                                   Community engagement




                                                                                                                                                                                MAJOR                                                           Human rights and supply chain                                                 Health, safety and security

                                                                                                                                                                                                                                                                                                                             (employees and communities)
                 engagement                                                                                                                                                                                                                                                 Climate change mitigation                                         Labour management and


                                                                                                                                                                                                                                                                           and adaption                                                     community unrest/grievances

                                                                                                                                                                                                                                                                                                Community investment                                        Renewable and
                 and materiality                                                                                                                                                                                                                                         Renewable energy                                         Business ethics,        reliable energy

                                                                                                                                                                                                                                                                                                                                                          production
                                                                                                                                                                                                                                                                                                                                 fraud and
                                                                                                                                                                                                                                                                         capacity building
                                                                                                                                                                                                                                                                                                                                 corruption


                                                                                                                                                                                                                                                                                                       Environmental                           Contractor
                                                                                                                                                                                                                                                                                                       compliance                             partnerships
                                                                                                                                                                                                                                                 Lifecycle environmental impacts
                 Infinity Power’s objective to                                           Looking ahead, we are preparing for

                                                                                         alignment with the Corporate Sustainability                                                                                                                                            Responsible land use/access
                 power Africa with renewable                                                                                                                             IMPORTANCE TO STAKEHOLDERS  SIGNIFICANT                                                                                                                             Socio-economic
                                                                                         Reporting Directive (CSRD) requirements.                                                                                                                                                                                                          political risks
                 energy raises numerous ESG                                                                                                                                                                                                                                                                             Diversity
                                                                                         We will review our materiality approach                                                                                                                                                                                      and inclusion

                 issues across the sector and                                            against the CSRD standards, identify gaps,                                                                                                                                                                                   (including gender)


                 countries where we operate.                                             and develop a roadmap for compliance.




                                                                                         We continue to engage our stakeholders
                 Our sustainability strategy addresses the
                                                                                         to inform our decision-making. These
                 most critical topics for our business and
                                                                                         mechanisms include:
                 stakeholders. We listen to our stakeholders

                 to understand evolving expectations,
                                                                                         1.    Community liaison officers at each
                 manage emerging risks, and continue                                                                                                                            MODERATE
                                                                                            project site
                 creating and sharing value with the

                 communities where we operate.                                           2.    Quarterly newsletters and community

                                                                                             meetings

                 Refreshing our material issues                                          3.    Regular investor consultations


                 In 2023 we conducted a rigorous materiality
                                                                                         4.    Participation in industry initiatives and                                                               MODERATE                                                  SIGNIFICANT                                                   MAJOR
                 assessment to identify and prioritise the ESG
                                                                                             partnerships
                 issues most relevant to our business and                                                                                                                                                                                               IMPACT ON INFINITY POWER

                 stakeholders. For 2024, we have continued
                                                                                         The results from this ongoing engagement
                 to focus on these material issues as we
                                                                                         confirmed that our existing priorities -                                           Our 17 material issues
                 implement our sustainability strategy.                                                                                                                                                                                                        DELIVERING STANDARDS                               LEADING THE JUST
                                                                                         delivering clean energy, protecting the                                                                                                                            OF ENERGY EXCELLENCE                               ENERGY TRANSITION
                                                                                                                                                                            Our sustainability strategy revolves around these
                                                                                         environment, leading a just transition, and
                                                                                                                                                                            material issues and is grouped into four pillars to                                PROTECTING THE                                  OPERATING WITH
                                                                                         operating with integrity - remain highly
                                                                                                                                                                            guide our objectives and the targets in this report.                            NATURAL ENVIRONMENT                                INTEGRITY
                                                                                         material.
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