Sustainability Department Develops ESG Manual
EAP finalized its Environmental Social Governance (ESG) Manual and onboarded an experienced ESG Manager. The ESG framework is integrated into EAP’s business activities to conserve natural resources, ensure employee safety, and guarantee effective corporate governance while striving to maintain positive financial and environmental returns.
Climate change, human impact and the dynamic nature of government regulations require renewable energy developers to maintain a strong focus on environmental sustainability for projects. East African Power is committed to developing sustainable energy to transform African communities. As a step in setting sustainability as the cornerstone of its operations, EAP has recently finalized its ESG Manual, an industry standard framework of environmental, social and governance policies. The ESG framework underpins EAP’s ability to grow and expand energy access across Sub Saharan African in a socially conscious manner; and it defines the national policies and global guidelines which guide EAP to form environmentally minded decisions. EAP is integrating these defined sustainability procedures into all major processes from development and investments to innovation and procurement.
EAP is creating its footprint in the renewable energy market by aiming to deliver 1GW of renewable energy by 2030. The mid-sized company is driven by SDG7 and SDG13 to address global challenges including scarcity of resources, climate change, access to energy, and environmental protection. The ESG framework is integrated into EAP’s business activities to conserve natural resources, ensure employee safety, and guarantee effective corporate governance while striving to maintain positive financial and environmental returns. Key features of our ESG Manual:
Environmental Standards: Overview of EAP’s commitments, goals and objectives towards environmental issues like climate change adaptation, carbon emissions, carbon footprints, pollution control, waste management, natural resources, and Biodiversity conservation.
Social Standards: Overview of EAP’s commitments, goals and objectives towards social issues that includes health and safety of employees, emergency preparedness, labor standards in supply chain, land acquisition process, resettlement action plan and grievance redressal mechanism, community impacts, gender equality, diversity and inclusion.
Governance Standards: Overview of EAP’s commitments, goals and objectives to implement ethical and smooth governance structure across the company, which includes highlights from corporate governance considerations, ethics and business integrity, supply chain management, training and awareness generation for employees.
East African Power looks forward to training each employee in Q1 2022 to understand the breadth and depth of the sustainability practices described in the ESG Manual.