Environment, Social, Governance (ESG)
The United Nations Environment Programme acknowledges the significant potential of Biogas in contributing to sustainable development and addressing environmental challenges and emphasizes the importance of integrating Biogas projects into broader sustainability frameworks. That is why we at IBA have defined our ESG goals as listed below –
Environmental Goals:
Biogas production reduces methane emissions by capturing methane from organic waste.
Utilize organic waste as feedstock for biogas production, diverting it from landfills and reducing waste.
Biogas production reduces the reliance on fossil fuels, conserving natural resources and mitigating environmental degradation.
Social Goals:
By reducing organic waste and methane emissions, biogas production contributes to improved air quality and public health.
Biogas projects often create job opportunities in waste collection, plant operation, and maintenance, benefiting local communities.
Biogas can provide decentralized energy solutions, especially in rural areas, improving energy access and resilience.
Governance Goals:
Ensure transparency in operations, reporting, and decision-making processes related to Biogas projects.
Adhere to local, national, and international regulations and standards governing biogas production and waste management.
Uphold ethical standards in business operations, including fair treatment of employees, community engagement, and responsible sourcing.