IHS Towers Publishes 2024 Sustainability Report
May 27, 2025, London: IHS
Holding Limited (NYSE: IHS) (“IHS Towers”) group, 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.
Sam
Darwish, Chairman & CEO, IHS Towers, commented, “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.”
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: |
| o | 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 |
For more
information, please visit www.ihstowers.com/sustainability
---ENDS---
About IHS Towers: IHS Towers is one
of the largest independent owners, operators and developers of shared communications infrastructure in the world by tower count and is
solely focused on the emerging markets. The Company has over 39,000 towers across its eight markets, including Brazil, Cameroon, Colombia,
Côte d’Ivoire, Nigeria, Rwanda, South Africa and Zambia. For more information, please
email: [email protected] or
visit: www.ihstowers.com
Cautionary statements
This press
release contains forward-looking statements. We intend such forward-looking statements to be covered by relevant safe harbor provisions
for forward-looking statements (or their equivalent) of any applicable jurisdiction, including those contained in Section 27A of
the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934,
as amended (the “Exchange Act”). All statements other than statements of historical facts contained in this press release
may be forward-looking statements. In some cases, you can identify forward-looking statements by terms such as “may,” “will,”
“should,” “expects,” “plans,” “anticipates,” “could,” “intends,”
“targets,” “commits,” “projects,” “contemplates," “believes,” “estimates,”
“forecast,” “predicts,” “potential” or “continue” or the negative of these terms or other
similar expressions. Forward-looking statements contained in this press release include, but are not limited to statements regarding our
business strategy, plans, market growth and our objectives our sustainability program and Carbon Reduction Roadmap.
We have based
these forward-looking statements largely on our current expectations and projections about future events and financial trends that we
believe may affect our business, financial condition and results of operations. Forward-looking statements involve known and unknown risks,
uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from
any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to
general macroeconomic conditions in the countries in which we operate; our inability to successfully execute our business strategy and
operating plans, or deliver on our sustainability or environmental, social and governance (ESG) strategy and initiatives under anticipated
costs, timelines, and complexity, such as our Carbon Reduction Roadmap (Project Green); environmental liability; and the important factors
discussed in the section titled “Risk Factors” in our Annual Report on Form 20-F for the fiscal year ended December 31,
2024.
The forward-looking
statements in this press release are based upon information available to us as of the date of this press release, and while we believe
such information forms a reasonable basis for such statements, such information may be limited or incomplete, and our statements should
not be read to indicate that we have conducted an exhaustive inquiry into, or review of, all potentially available relevant information.
These statements are inherently uncertain and investors are cautioned not to unduly rely upon these statements. You should read this press
release and the documents that we reference in this press release with the understanding that our actual future results, performance and
achievements may be materially different from what we expect. We qualify all of our forward-looking statements by these cautionary statements.
Additionally, we may provide information herein that is not necessarily “material” under the federal securities laws for SEC
reporting purposes, but that is informed by various ESG standards and frameworks (including standards for the measurement of underlying
data), and the interests of various stakeholders. Much of this information is subject to assumptions, estimates or third-party information
that is still evolving and subject to change. For example, our disclosures based on any standards may change due to revisions in framework
requirements, availability of information, changes in our business or applicable government policies, or other factors, some of which
may be beyond our control. These forward-looking statements speak only as of the date of this press release. Except as required by applicable
law, we do not assume, and expressly disclaim, any obligation to publicly update or revise any forward-looking statements contained in
this press release, whether as a result of any new information, future events or otherwise. Additionally, the information included in
our 2024 Sustainability Report, including highlights provided in this press release, are subject to certain important disclaimers that
should be read and considered in concert with such information.
