GRI content index

Statement of use ACWA Power has reported the information cited in this GRI content index for the period from 1 January to 31 December 2023, in accordance with the GRI Standards.
GRI 1 used GRI 1: Foundation 2021.
GRI STANDARD DISCLOSURE LOCATION
GRI 2: General Disclosures 2021 2–1 Organisational details Introduction/About this report
At a glance/Where we operate
Financial statements/Note 1
2–2 Entities included in the organisation’s sustainability reporting Introduction/About this report
Appendix/ACWA Power Group companies
Financial statements/Note1
2–3 Reporting period, frequency and contact point

The information in this report refers to the period from 1 January to 31 December 2023. Sustainability information is published annually as a part of the Integrated Annual Report. In 2022, the Company has also published a standalone sustainability report.

The contact point for questions about this report or reported information is indicated in the ‘About this report’ section.

2–4 Restatements of information

The GHG emissions data included in this report are based on a new methodology with enhanced accuracy of operational data flow and a more accurate representation of GHG emissions. The GHG emissions for previous years were restated based on the new methodology.

Also, the employee accounting parameters for 2023 are restricted to permanent full‑time employees. The employee data for 2022 and 2021 were restated to maintain consistency in the accounting methodology.

2–5 External assurance KPMG Professional Services provided limited assurance on selected quantitative indicators. See ‘Limited assurance report’ in the Appendix.
2–6 Activities, value chain and other business relationships Introduction/2023 highlights
At a glance/Who we are
At a glance/What we do
Strategic review/Business model and strategy
2–7 Employees Introduction/2023 highlights
Sustainability review/Society/Employees
2–9 Governance structure and composition Sustainability review/Sustainability governance
Board report/Board of directors
2–10 Nomination and selection of the highest governance body Board report/Board of directors
2–11 Chair of the highest governance body The Chairman of the Board of directors is not a senior executive of ACWA Power.
2–12 Role of the highest governance body in overseeing the management of impacts Sustainability review/Sustainability governance
2–13 Delegation of responsibility for managing impacts Sustainability review/Sustainability governance
2–14 Role of the highest governance body in sustainability reporting Introduction/About this report
2–15 Conflicts of interest Sustainability review/Corporate governance
2–16 Communication of critical concerns Sustainability review/Corporate governance
2–17 Collective knowledge of the highest governance body Sustainability review/Sustainability governance
2–18 Evaluation of the performance of the highest governance body Board report/Board of directors
2–19 Remuneration policies Board report/Remuneration
2–20 Process to determine remuneration Board report/Remuneration
2–22 Statement on sustainable development strategy Sustainability review/Sustainability approach
Sustainability review/Sustainability strategy
2–23 Policy commitments Sustainability review/Corporate governance
2–25 Processes to remediate negative impacts Sustainability review/Corporate governance
2–26 Mechanisms for seeking advice and raising concerns Sustainability review/Corporate governance
2–27 Compliance with laws and regulations There were no significant instances of non‑compliance with laws and regulations in 2023.
2–29 Approach to stakeholder engagement Sustainability review/Stakeholder engagement
GRI 3: Material Topics 2021 3–1 Process to determine material topics Sustainability review/Stakeholder engagement
3–2 List of material topics Sustainability review/Stakeholder engagement
3–3 Management of material topics Sustainability review/Climate change
Sustainability review/Emissions
Sustainability review/Society/Health and safety
Sustainability review/Corporate governance
GRI 201: Economic Performance 2016 201–2 Financial implications and other risks and opportunities due to climate change Sustainability review/Climate change
GRI 202: Market Presence 2016 202–1 Ratios of standard entry level wage by gender compared to local minimum wage Sustainability review/Society/Employees
GRI 203: Indirect Economic Impacts 2016 203–1 Infrastructure investments and services supported Introduction/2023 highlights/Our portfolio
At a glance/What we do
Sustainability review/Energy efficiency and consumption
Sustainability review/Environment/Water management
203–2 Significant indirect economic impacts Sustainability review/Sustainability strategy
Sustainability review/Society/Local communities
GRI 204: Procurement Practices 2016 204–1 Proportion of spending on local suppliers Sustainability review/Sustainability strategy
GRI 205: Anti‑corruption 2016 205–1 Operations assessed for risks related to corruption Sustainability review/Corporate governance
205–2 Communication and training about anti‑corruption policies and procedures Sustainability review/Corporate governance
GRI 207: Tax 2019 207–4 Country‑by‑country reporting Performance review/Financial review
Financial statements/Note 21
GRI 302: Energy 2016 302–2 Energy consumption outside of the organisation Sustainability review/Energy efficiency and consumption
302–4 Reduction of energy consumption Sustainability review/Energy efficiency and consumption
GRI 303: Water and Effluents 2018 303–1 Interactions with water as a shared resource Sustainability review/Environment/Water management
303–2 Management of water discharge‑related impacts Sustainability review/Environment/Water management
303–3 Water withdrawal Sustainability review/Environment/Water management
303–4 Water discharge Sustainability review/Environment/Water management
303–5 Water consumption Sustainability review/Environment/Water management
GRI 304: Biodiversity 2016 304–2 Significant impacts of activities, products and services on biodiversity Sustainability review/Environment/Biodiversity
GRI 305: Emissions 2016 305–1 Direct (Scope 1) GHG emissions Sustainability review/Emissions
305–2 Energy indirect (Scope 2) GHG emissions Sustainability review/Emissions
305–4 GHG emissions intensity Sustainability review/Emissions
305–5 Reduction of GHG emissions Sustainability review/Emissions
305–7 Nitrogen oxides (NOx), sulphur oxides (SOx), and other significant air emissions Sustainability review/Environment/Air quality
GRI 306: Waste 2020 306–1 Waste generation and significant waste‑related impacts Sustainability review/Environment/Waste management and circular economy
306–2 Management of significant waste‑related impacts Sustainability review/Environment/Waste management and circular economy
306–3 Waste generated Sustainability review/Environment/Waste management and circular economy
306–4 Waste diverted from disposal Sustainability review/Environment/Waste management and circular economy
306–5 Waste directed to disposal Sustainability review/Environment/Waste management and circular economy
GRI 401: Employment 2016 401–1 New employee hires and employee turnover Sustainability review/Society/Employees
401–2 Benefits provided to full‑time employees that are not provided to temporary or part‑time employees Sustainability review/Society/Employees
GRI 403: Occupational Health and Safety 2018 403–1 Occupational health and safety management system Sustainability review/Society/Health and safety
403–2 Hazard identification, risk assessment, and incident investigation Sustainability review/Society/Health and safety
403–3 Occupational health services Sustainability review/Society/Health and safety
403–4 Worker participation, consultation, and communication on occupational health and safety Sustainability review/Society/Health and safety
403–5 Worker training on occupational health and safety Sustainability review/Society/Health and safety
403–6 Promotion of worker health Sustainability review/Society/Health and safety
403–7 Prevention and mitigation of occupational health and safety impacts directly linked by business relationships Sustainability review/Society/Health and safety
403–8 Workers covered by an occupational health and safety management system Sustainability review/Society/Health and safety
403–9 Work‑related injuries Sustainability review/Society/Health and safety
GRI 404: Training and Education 2016 404–1 Average hours of training per year per employee Sustainability review/Society/Employees
404–2 Programmes for upgrading employee skills and transition assistance programmes Sustainability review/Society/Employees
GRI 405: Diversity and Equal Opportunity 2016 405–1 Diversity of governance bodies and employees Sustainability review/Society/Employees
Board report/Board of directors
405–2 Ratio of basic salary and remuneration of women to men Sustainability review/Society/Employees
GRI 406: Non‑discrimination 2016 406–1 Incidents of discrimination and corrective actions taken There were no incidents of discrimination in 2023
GRI 413: Local Communities 2016 413–1 Operations with local community engagement, impact assessments, and development programmes Sustainability review/Sustainability approach
Sustainability review/Society/Local communities