IHS Towers Publishes 2023 Sustainability Report
The report covers sustainability activities from
The 2023 Sustainability Report demonstrates IHS’ continued commitment to its stakeholders including, but not limited to, its employees, communities, suppliers, customers, and investors. The communications infrastructure it provides is vital to enabling mobile connectivity, and through the company’s four-pillar sustainability strategy, it seeks to further support long-term value creation.
He continued,“As we entered the second year of Project Green, the current phase of our Carbon Reduction Roadmap, we directed considerable effort towards reducing our environmental footprint. This included a reduction of Scope 1 and Scope 2 kilowatt-hour emissions intensity by approximately 6% compared with 2022. Looking back on 2023, we are pleased with our progress and continue to reflect, refine, and enhance our sustainability strategy today for the benefit of all stakeholders.”
2023 Sustainability Report Highlights
As of
Environment
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Continued to execute on our Carbon Reduction Roadmap:
- Reduced our Scope 1 and Scope 2 kilowatt-hour emissions intensity by approximately 6% compared with 2022, with an 11% approximate reduction in emissions intensity since 2021.
- Powered 48% of our sites with hybrid power systems that combine diesel generators with solar and/or battery systems.
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Maintained responsible management of our waste streams, including:
- 20,044 batteries recycled or reused.
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75% approximate reduction in hazardous lead-acid waste in
Brazil . - 25,640 kilograms of iron from dismantled towers recycled in Côte d’Ivoire.
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Supported local biodiversity and reforestation projects by planting almost 30,000 trees across
Brazil ,Cameroon andRwanda .
Social
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Spent
$7 million on community-focused sustainability initiatives. - Reduced our Road Traffic Accident Frequency (RTAF) rate by 7% and reported zero fatalities.
- Increased female representation with females comprising 27% of employees and 28% of managers across the Group.
- Strengthened our supplier due diligence to include screening new suppliers for environmental and social criteria.
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Continued our commitment to education through several initiatives:
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Expanded our UNICEF Giga partnership to
Brazil , to help Giga map and connect more schools to the internet. - Advanced our Frontline Workers Initiative, which is currently supporting 50 students via scholarships to top-tier local and international universities.
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Announced a partnership with the
Limitless Space Institute to help teachers inBrazil andNigeria pursue new opportunities in space education. -
Provided 400 schools in
Nigeria with free internet connectivity and donated 200 mini tablets in partnership with UNICEF Nigeria.
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Expanded our UNICEF Giga partnership to
Governance
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Achieved ISO 37001 Anti-Bribery Management System certification1; in addition,
IHS Nigeria is ISO 9001:2008 Quality Management System certified. -
Received an updated ESG Risk Rating from Morningstar Sustainalytics. As of
April 2024 , our ESG Risk Rating places us in the top 16% of all companies assessed by Morningstar Sustainalytics in the Telecommunication Services Industry2.
For more information, please visit www.ihstowers.com/sustainability
About
Cautionary statements
This press release contains forward-looking statements. We intend such forward-looking statements to be covered by relevant safe harbor provisions for forward-looking statements (or their equivalent) of any applicable jurisdiction, including those contained in Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). All statements other than statements of historical facts contained in this press release may be forward-looking statements. In some cases, you can identify forward-looking statements by terms such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “targets,” “projects,” “contemplates," “believes,” “estimates,” “forecast,” “predicts,” “potential” or “continue” or the negative of these terms or other similar expressions. Forward-looking statements contained in this press release include, but are not limited to statements regarding our business strategy, plans, market growth and our objectives, our sustainability program and Carbon Reduction Roadmap.
We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our business, financial condition and results of operations. Forward-looking statements involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to general macroeconomic conditions in the countries in which we operate; our inability to successfully execute our business strategy and operating plans, including our ability to increase the number of Colocations and Lease Amendments on our Towers and construct New Sites or develop business related to adjacent telecommunications verticals (including, for example, relating to our fiber businesses in
The forward-looking statements in this press release are based upon information available to us as of the date of this press release, and while we believe such information forms a reasonable basis for such statements, such information may be limited or incomplete, and our statements should not be read to indicate that we have conducted an exhaustive inquiry into, or review of, all potentially available relevant information. These statements are inherently uncertain and investors are cautioned not to unduly rely upon these statements. You should read this press release and the documents that we reference in this press release with the understanding that our actual future results, performance and achievements may be materially different from what we expect. We qualify all of our forward-looking statements by these cautionary statements. Additionally, we may provide information herein that is not necessarily “material” under the federal securities laws for
1 ISO 37001 Anti-Bribery Management System certification has been achieved in
2 Received
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