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.



Our Progress

CO2 calculations are our own estimations, with GEG and its acquired assets’ emissions based on installed capacity and availability. 

Emissions from conventional (traditional fossil fuel) systems obtained from Tecla, UNUGTP Report 2010.

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

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



Our Promise

Key environmental factors considered by GEG in all company operations:

Reduction and Avoidance of GHG Emissions 
Land-use, Biodiversity, and Invasive Species 
Preserving and Improving Air and Water Quality 
Responsible and Efficient Geothermal Resource Management 


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.

Key governmental factors material to the company’s socially-sustainable operations:

Anti-Corruption/Bribery 
Gender Equality
Anti-Discrimination
Asset Reliability and Efficiency 
Financial Viability 
Labour and Working Conditions 
Human Rights 

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. Sustainable Development Goals (SDGs)