Fostering Sustainable Ecosystems - Sustainable Report 2024

44 Fostering Sustainable Ecosystems Message from CEO Corporate Overview Corporate Governance and Business Ethics About the Report Reducing our operational carbon footprint We have a host of initiatives to manage and reduce our carbon footprint, ranging from investments in renewable energy, partnerships for carbon reduction, strategic projects to mitigate our carbon footprint and impact along and commitments for long-term emissions reduction. Transitioning to Renewable Energy Transitioning to renewable energy is another cornerstone of carbon neutrality. In Chad, Arise IIP has installed solar farms with a capacity of 500kW, significantly reducing reliance on fossil fuels. Sustainable Logistics Transportation and logistics are significant sources of industrial emissions. GSEZ has addressed this issue by shifting from road to waterways for its container transportation, reducing its carbon footprint by 17.4 kg of CO2 per container. Adopting more sustainable logistics practices, such as using electric vehicles or optimising supply chain routes, can significantly cut emissions. Optimizing Energy Efficiency Arise IIP has implemented various energy efficiency measures such as highperformance air-conditioning systems and low wattage lighting systems by incorporating LED fixtures for all indoor and outdoor lighting in Benin and Togo to reduce its overall building operational energy consumption by 20%-30%. High performance glass and insulated envelopes used in office buildings help in further reducing the energy consumption of the building. Commitment to science-based targets One of the most crucial steps in achieving carbon neutrality is setting clear, science-based targets. In GSEZ (Gabon), Arise IIP has taken this step by committing to the Science Based Targets Initiative (SBTi), aiming for near-term science-based emissions reduction targets and trajectory. As part of this goal, emissions reduction efforts are aligned with climate science. Projects for Carbon Reduction GSEZ’s ongoing Blue Carbon Project focuses on mangrove restoration and afforestation – the process of creating new forests where they hadn’t previously existed, to help neutralize the impact of residual emissions.

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