Emerging Capital Partners Private Equity
Climate Impact & Sustainability Data (2015)
Reporting Period: 2015
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- IHS Towers spent $500 million upgrading its power systems since 2013 and plans to spend an additional $1 billion on its power systems over 2016-2017 to lessen its reliance on diesel-fueled generators through the installation of new technologies and alternative energy solutions. IHS' solar installations have contributed to an estimated savings of over 200,000 liters of fuel per year.
Social Achievements
- Java House completed the second stage audit for ISO 22000:2005 certification in October 2015 and obtained certification for its Kenyan and Ugandan branches, its commissary, and Planet Yogurt in March 2016, becoming the first restaurant group in East and Central Africa to receive this certification.
- Wananchi made significant efforts to systematize and strengthen its Occupational Health and Safety (OHS) policies, hiring a dedicated manager to oversee, monitor, and report on OHS goals and progress. The company also instated requirements that its contractors maintain Health, Safety, and Environmental (HSE) requirements similar to its own and began appointing contractor HSE representatives to report directly to Wananchi.
- At ECP, all investment professionals completed an e-learning course on good governance as part of annual ESG training.
Governance Achievements
- During ECP’s holding period, NSIA expanded into five new countries, increasing its span to 12 countries, and significantly increased its insurance premiums and its insurance and banking revenues. The company also obtained ISO 9001 certification for quality management, strengthened Anti Money Laundering (AML) and Anti Bribery and Corruption (ABC) policies, and incorporated best-in-practice Corporate Social Responsibility (CSR) policies.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Africa and other emerging markets faced a number of economic challenges driven by falling commodity prices triggered by the slow-down in China, the strength of the US dollar as US interest rates started to rise, and a significant fall in oil prices.
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: IFC Performance Standards, CDC guidance on corporate governance and business integrity, UNPRI
Certifications: ISO 22000:2005, ISO 9001
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- 2016 Africa Telecom Infrastructure Company of the Year Award (IHS Towers)