Sustainability

GEG is committed to sustainable development in all its endeavors, and all GEG operations take ESG (Environment, Social and Governance) factors into consideration  
 
GEG will also consider all levels of stakeholders during development and operations, and aims to positively impact the communities in which operations are taking place

The company’s plant design guarantees the lowest footprint per MW of installed power generation capacity not only in geothermal, but also for other types of renewable energy power generation technologies.

The company’s Board of Directors is responsible for GEG’s sustainability policy and the Executive Director is responsible for its implementation.

GEG conducts activities with the utmost integrity in order to support the goal of minimizing the company’s ESG impacts and advancing the U.N. (SDGs) Sustainable Development Goals



Our Progress

Comparison of CO2 emissions
Graph showing CO2 minimized by GEG plants by year of generation including cumulative minimization of CO2

CO2 calculations are our own estimations, with GEG emissions based on installed capacity and availability. Emissions from conventional (traditional fossil fuel) systems obtained from Tecla, UNUGTP Report 2010.

Graph representing GEG Power’s yearly CO2 minimization in millions of tons, along with the cumulative CO2 minimized each year (based on our own estimations).



Our Promise

GEG considers the following to be the key environmental factors material to the company’s operations, and is committed to the following for each:

  • GHG Emissions 
  • Land-use, Biodiversity, and Invasive Species 
  • Air and Water Quality 
  • Geothermal Resource Management 

GEG considers the following to be the key social sustainability factors material to the company’s operations:

  • Occupational & Public Health and Safety 
  • Project-Affected Communities and Livelihoods 
  • Cultural Heritage and Indigenous People 
  • Induced Seismicity and Subsidence 

GEG is committed to governance oversight as well, with a majority independence of board members and the optimizing of compliance personnel, stakeholder communication, and business ethics.

GEG consider the following to be other key governmental factors material to the company’s socially sustainable operations:

  • Anti-Corruption/Bribery 
  • Asset Reliability and Efficiency 
  • Financial Viability 
  • Labour and Working Conditions 
  • Human Rights 
Download our Sustainability Policy here