IHS Towers sees significant emissions reduction in 2024 sustainability report
- IHS Towers published its 2024 Sustainability Report on May 27, 2025, detailing its sustainability progress.
- The company achieved an 11% reduction in emissions intensity compared to 2023 while significantly investing in education and community initiatives.
- Overall, the report highlights IHS Towers' commitment to environmental, social, and governance standards.
In the 2024 Sustainability Report published on May 27, 2025, IHS Towers, a leading provider of shared communications infrastructure, shared its progress towards sustainability. The report highlighted that the company made substantial investments in environmental initiatives, specifically focusing on its Carbon Reduction Roadmap. IHS Towers achieved a reduction of about 11% in Scope 1 and Scope 2 emissions intensity since 2023, reflecting a 20% overall reduction since 2021, demonstrating their ongoing commitment to mitigating environmental impacts. Additionally, IHS Towers made significant contributions to social responsibility through its various community initiatives. In 2024, approximately 55% of the company's sustainability expenditure was allocated to enhancing education and economic growth. This included a three-year partnership with Giga, which aimed to connect all schools globally to the internet. The partnership was marked by its completion in 2024, wherein IHS Towers played a crucial role in advancing the mission of digital inclusion for children worldwide. The company also reported advancements in employee safety and workforce diversity in 2024. The health and safety measures at IHS Towers were reinforced with the introduction of five Life Saving Rules and nine Health, Safety, and Environment (HSE) Principles, leading to a notable decrease in work-related injuries, from 0.17 in 2023 to 0.04 in 2024. Gender diversity within the workforce remained consistent, with 27% of employees being female. Moreover, IHS Towers' governance efforts were recognized following the achievement of a Level 4 rating in its first Broad-Based Black Economic Empowerment (B-BBEE) audit in South Africa. The company maintained its ISO 37001 Anti-Bribery Management System certification and received an updated Environmental, Social, and Governance (ESG) Risk Rating from Morningstar Sustainalytics, placing it among the top 9% in the Telecommunications Services industry. This rating, along with their commitment to high standards throughout their supply chain, solidifies IHS Towers' standing as a leader in sustainable practices in the communications infrastructure sector.