Fostering Sustainable Ecosystems - Sustainable Report 2024

58 Fostering Sustainable Ecosystems Message from CEO Corporate Overview Corporate Governance and Business Ethics About the Report In 2024, we institutionalized biodiversity governance across our operations through the following mechanisms: Biodiversity Management Strategy and Initiatives At Arise IIP, we have developed comprehensive Biodiversity Management Plans (BMPs) to guide our operations, with a focus on carbon neutrality and sustainable agricultural value chains across Africa. These plans include mitigation strategies to protect biodiversity and robust monitoring throughout the project lifecycle. We follow an adaptive management approach that adjusts mitigation measures based on monitoring results and evolving regulatory standards. ESIAs are also conducted at all major sites to ensure environmental and social compliance. Our site-specific BMPs are aligned with the International Finance Corporation’s (IFC) Performance Standard 6, which outlines best practices for biodiversity management in the private sector. This alignment reflects our ongoing commitment to environmental stewardship and sustainable development. Biodiversity Focal Points Dedicated individuals ensuring biodiversity focus at each SEZ. Core Consideration Emphasizing biodiversity as a fundamental project aspect. Integrated KPIs Biodiversity metrics embedded in environmental management systems. Periodic Audits Regular expert reviews to maintain biodiversity standards. Risk Registers Comprehensive records of biodiversity risks for projects.

RkJQdWJsaXNoZXIy MTE0OTM0OQ==