Sustainability
WHO WE ARE
Sustainability is built into the very fabric of the Mundus way. It is the way we think, the way we plan, and the way we execute. At Mundus, we are committed to investing in sustainable practices, because we know that in order to have successful investments, resiliency cannot be an elective part of our business. This commitment emanates from our Founders, who envisaged sustainability as a foundational pillar of the Mundus way.
WHAT IS SUSTAINABILITY
Our DNA compels us to operate differently. We believe that our investments should leave the environments in which we operate better than how we found them. It is not only in our power to influence the next generation of clean energy on the continent, but it is in our power to influence how business is done – through our actions with staff, partners, civil society, governments, and the communities that we work in. In order to make this a reality, we have put in place structures to create measurable social impact – with the people we hire, with the partners we choose, and with the processes we follow.
"If the SUSTAINABILITY agenda is not led by Africans in Africa, transplanted solutions will fail to bring the revolution that is needed."
Mundus Org.
WHAT WE SUBSCRIBE TO
Our strategy and performance on Environmental, Social and Governance (ESG) criteria are held to the highest standards and evaluated by a range of globally recognized external agencies. This aligns with our value system, which prioritizes the triple bottom line: People, Planet and Profit. With this in mind, we analyze strategy and performance through two lenses: carefully crafted ESG criteria and financial performance metrics. The Mundus way ensures a sustainable future while making no compromises on profit.
Highlighted above are the agencies that we align with in regard to ESG measurement and impact. First and foremost, Mundus subscribes to the UN Sustainable Development (SDG) Goals, which center around the global challenges that we face today: poverty, inequality, climate change, environmental degradation, peace, and justice. Of the 17 SDG commitments, Mundus has a direct impact on 5 of these goals:
MEASUREMENT AND IMPACT
At Mundus, we measure ESG impact with a rigorous set of standards that guide the Company’s behavior from project screening and preparation through execution and operations. Our metrics are measured at the company level and at a project level to ensure consistency across the Fund. The following is a snapshot of some of the key performance indicators that we measure:
COMPANY-WIDE
- Â Patient ROI
- Spending Efficiency (cost per reduction of emissions)
- Investment costs vs overall savings
- Â Alignment with international agreements: Paris Agreement, UN SDGs
- Workplace diversity
PROJECT-LEVEL
- Â Emission reduction to decarbonize
- Â Waste reduction
- Energy use per person or facility
- Ratio of expected energy saved to actual use
- Value added to the economy
- Adherence to sustainability laws