$8.2M Invested in Communities, 100,000+ Students Trained: IHS Towers’ 2024 ESG Report
The report covers sustainability activities from January 1, 2024 to December 31, 2024 and demonstrates IHS Towers’ continued commitment to its stakeholders, including, but not limited to, its employees, customers, suppliers, local communities, regulators, governments and shareholders.
IHS Towers , one of the largest independent owners, operators, and developers of shared communications infrastructure in the world by tower count, has today published its 2024 Sustainability Report.
The report covers sustainability activities from January 1, 2024 to December 31, 2024 and demonstrates IHS Towers’ continued commitment to its stakeholders, including, but not limited to, its employees, customers, suppliers, local communities, regulators, governments and shareholders.
IHS Towers’ vision is to help create a connected world, where mobile connectivity promotes continued economic growth and social development. The communications infrastructure it provides is vital to enabling that connectivity.
In 2024, IHS Towers continued to make progress in executing its four-pillar sustainability strategy – focusing on ethics and governance, environment and climate change, education and economic growth, our people and communities – is detailed in this report.
“In an increasingly connected world, our solutions help facilitate digital inclusion. As detailed in our 2024 Sustainability Report, we seek to further broaden access to the socioeconomic opportunities this presents through our community focused initiatives. In 2024, 55% of our sustainability spend focused on initiatives relating to our education and economic growth pillar. Through the development of ICT centers and digital kiosks, the delivery of STEM training programs, and the facilitation of school internet connectivity, we are helping connect the next generation to critical education resources. 2024 also marked the completion of our three-year partnership with Giga, a joint UNICEF and ITU initiative, and I am proud of the contribution IHS Towers has made to Giga’s objective of connecting all schools in the world to the internet, and all children to information, opportunity and choice.”
– Sam Darwish, Chairman & CEO, IHS Towers
2024 Sustainability Report Highlights
As of and for the year ended December 31, 2024, we reported the following environmental, social and governance (“ESG”) related progress:
Environment
- Carbon Reduction Roadmap: Reduced our Scope 1 and Scope 2 kilowatt-hour emissions intensity by approximately 11% compared with 2023, with an approximate 20% reduction in emissions intensity since 2021 o Invested $209.4 million in Project Green since the project began in 2022
- Planted 7,800 seedlings in Brazil’s Amazon region, restoring an additional four hectares of degraded area
- Partnered with WaterAid to construct rainwater harvesting systems at four schools in Nyagambe District, Rwanda, providing more than 4,000 children and staff with clean water
Social
- Introduced five Life Saving Rules and nine HSE Principles to further strengthen our approach to health and safety
- The rate of recordable work-related injuries among IHS employees decreased to 0.04, in comparison to 0.17 in 2023
- 27% of our employees were female and 73% were male, equal to the percentage reported in 2023
- Employees completed 12 hours of training on average on the IHS Academy
- Spent $8.2 million on community-focused sustainability initiatives, bringing the total investment in our local communities to $37 million since 2017
Facilitated digital inclusion by:
- Training more than 100,000 students in digital skills through Nigeria’s 3 Million Technical Talent (3MTT) initiative o Providing over 2,000 young people with new ICT and digital facilities in Cameroon and Rwanda o Supporting over 5,250 students with STEM skills and training in Nigeria and Brazil
Enhanced Giga’s visibility analysis in Brazil:
- By integrating IHS Brazil data, Giga determined that the average distance from a school to the nearest tower was 0.85 kilometers
Governance
- IHS South Africa achieved a Level 4 rating in its first Broad-Based Black Economic Empowerment (B-BBEE) audit
- Maintained our ISO 37001 Anti-Bribery Management System certification1
- In March 2025, we received an updated ESG Risk Rating from Morningstar Sustainalytics. Our ESG Risk Rating places us in the top 9% of all companies assessed by Morningstar Sustainalytics in the Telecommunication Services Industry2
- Continued driving high standards of integrity throughout our supply chain; 4,581 supplier employees completed training in topics relating to our Supplier Code of Conduct
