Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced GHG emissions (Scope 1 & 2) by 1494.15 tonnes CO2e compared to 2022.
• Generated 42,177 kWh of solar electricity.
• Recycled 12.19 tonnes of waste (compared to 7 tonnes in 2022).
• Planted Miyawaki islands to increase green cover.
• Replaced 42.19% of R22 refrigerants with R410A/R32.

Social Achievements

• Supported 6000+ beneficiaries annually through CSR initiatives.
• Launched women empowerment program providing POS terminals and loans to 5 women.
• Trained 50 youths in skill development program at IshK Tolaram Skill Center.
• Implemented Youth Skillz for Health program for 100 youths.
• Zero fatalities reported.

Governance Achievements

• Established a robust risk management framework.
• Implemented a whistleblower policy.
• Maintained zero instances of anti-bribery and corruption (reported cases).
• Maintained zero incidents of sexual harassment (reported cases).

Climate Goals & Targets

Environmental Challenges

• Heavy rainfall leading to flooding.
• Improper disposal of domestic wastewater.
• Improper disposal of hazardous and non-hazardous wastes.
• Low energy efficiency.
• Climate change impacts such as sea level rise, floods, extreme rainfall.
• Supply chain disruptions.
• Community issues.
• Skill shortage.
• Unavailability of reliable power and gas supply.
• Congestion on roads.
• Road accidents.
• Fire incidents.
• Low macroeconomic demand.
• Regulatory and community agitation.

Mitigation Strategies

• Proper drainage network designed considering flooding scenarios.
• Established sewage treatment plant.
• Established material recovery facility.
• Replacement of air conditioners with eco-friendly ones.
• Implementation of renewable energy sources.
• Replacement of CFL lights with LED lights.
• Installation of timers on streetlights.
• Implementation of climate mitigation and adaptation actions.
• Implementation of Emergency response plan.
• Evaluation of major contractors and suppliers.
• Monitoring of compliance of major contractor and suppliers.
• Engagements with the host communities.
• Implementation of community development plan.
• Establishing a power plant within the zone.
• Connecting the zone to a piped Natural Gas Network.
• Speed limits on roads, speed governors in vehicles.
• Established a fire station.
• Marketing strategy for LFZ.
• Development of a legal compliance register.
• Constant engagement with relevant authorities for implementation of ETLS.
• Community townhall meetings.

Supply Chain Management

Supplier Audits: 23 suppliers screened using social criteria, 23 suppliers assessed for environmental impacts

Responsible Procurement

• Well-defined purchase policy with criteria for evaluating vendors.
• Environmental and social assessments of suppliers.
• Prioritization of local vendors, SMEs, and women-owned businesses.

Climate-Related Risks & Opportunities

Physical Risks

• Coastal flood/Sea level rise/Coastal Erosion
• Extreme heat
• Wildfire

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI Standards, IFRS Sustainability Standards, UN SDGs

Certifications: EDGE

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Goal 6 (Clean Water and Sanitation)
• Goal 7 (Affordable and Clean Energy)
• Goal 8 (Decent Work and Economic Growth)
• Goal 9 (Industry, Innovation, and Infrastructure)
• Goal 11 (Sustainable Cities and Communities)
• Goal 13 (Climate Action)

Various initiatives contribute to these goals through education, healthcare, infrastructure development, environmental sustainability, and economic empowerment.

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Best Local Currency Bond Issue in 2021 and 2022 - EMEA Finance
• Corporate Bond Innovation Award - Nigerian Exchange Group
• 2022 InfraCredit ESG & Impact Awards - Best ESG/OHS Performance, Best Development Impact System, Best ESG Innovation
• Industrial Champion Award - FDI Intelligence