We first began to measure our performance in July 2017 across our pillars. These pillars are our sustainability framework and allow us to categorise and manage issues according to the context in which they occur. These pillars stand on the foundation of Mainstream’s unique Global Development Standard, underpinned by the Company’s seven values.
Our solid track record in developing wind and solar projects over the last ten years has made us one of the largest independent players in development globally. We have built this foundation on solid risk management and a focus on sustainability. We place a strong focus also on working with ethical business partners and supply chains to support our business objectives.
We engage regularly with our stakeholders through on-going dialogue, employee opinion surveys, our annual Reputation Audit with business partners, investors and government representatives, and through our community engagement activities.
We have a specific process for stakeholder engagement when developing projects. This is aligned to the performance standards contained in the International Finance Corporation’s Sustainability Framework and the requirements of the Equator Principles. Our Global Development Standard guides our approach to conducting stakeholder research at a local level to ensure that it is aligned to international standards.
We are very proud of our reputation and proactively protect it by measuring our third Reputation Audit in 2019, invitingcomment from all our stakeholders,including government, regulation, suppliers, banks and finance institutions, and community representatives across our markets. The results compare favourably to previous years, and this gives us confidence that the actions taken to address perceived ‘weak spots’ have been effective.
We have participated in the annual Carbon Disclosure Project (CDP) for the last four years. In the 2019 reporting year, the CDP evaluation was aligned with the recommendations of the Taskforce for Climate-related Financial Disclosure. We were delighted to maintain our A- Leadership rating under this enhanced scrutiny. In 2019,we were also rated A- Leadership status in its Supplier Engagement Report, encouraging our suppliers to switch to renewable energy.
We are committed to the highest standards of business and ethical behaviour, to fulfilling our responsibilities to the communities which we serve and to the creation of long-term value for all stakeholders on a socially and environmentally sustainable basis. Our Code of Conduct and high ethical standards are based on shared values, reflected in our everyday actions and are documented in our Code.
- Appointed Ethical and Compliance Manager and established global committee.
- All Employees and Directors completed Anti-Bribery and Corruption training.
- Modern Slavery & Human Trafficking Policy implemented.
- Modern Slavery & Human Trafficking Questionnaire Implemented for new partners and suppliers.
- Code of Conduct comprehensive review and bench-marking exercise.
- Code of Conduct includes Group Compliance Policies and schedule for each region where we operate, setting out the local laws and penalties, as well as local rules around gifts and hospitality.
Mainstream's business results must always be achieved ethically and legally and the Group’s comprehensive Code of Conduct clearly defines the standards and expectations set for all colleagues. All employees, including Board Directors, sign an annual statement confirming their acceptance and observance of it. The Code is published on our website and sets out what we perceive as acceptable behaviour for employees, agents, partners and all those acting on behalf of Mainstream. The Code of Conduct was substantively reviewed in 2019 and revision includes a specific anti-bribery and corruption schedule for each region where we operate, setting out the local laws and penalties, as well as local rules around gifts and hospitality. The revised Code of Conduct includes our group compliance policies and was adopted by the board in September 2019.
The polices included in the Code are around Fraud, Bribery, Corruption, Lobbying and much more to help inform and direct employee behaviour. We also provide a whistleblowing facility for employees with concerns to report these anonymously to 'SafeCall'.
In 2019, a Global Ethics and Compliance Committee was established which is tasked with promoting ethical standards and compliance awareness throughout the company. The committee is comprised of members from each of our regions, who serve as a local point of contact for any ethical or compliance related issues, as well as a guide on aspects of local culture which can conflict with Mainstream standards.
Mainstream operates within the (UK) Modern Slavery Act 2015 and our Modern Slavery Statement is published on our website. Our Code of Conduct is substantively in alignment with the aims and the spirit of this Act. As a company, we abhor human trafficking and modern slavery in all its forms and guises. We are committed to actively ensuring that there is no room for such inhumane conduct in our own business and that of our partners, contractors and associates. In 2019, we required potential new partners and key suppliers to complete Modern Slavery and Human Trafficking Questionnaires. These questionnaires also require that anti-bribery and corruption risk measures are in place. Where we feel the results are not robust, we may insist that Mainstream’s anti-bribery training is undertaken, which is especially relevant for prospective partnership.
Our colleagues are the foundation of our business. In this pillar, we look at how our colleagues live our values in line with our Code of Conduct, the culture and environment within the company that will help colleagues to grow and develop into our leaders of tomorrow and, our workplace health and safety; ensuring a safe environment for colleagues and contractors.
As a global company, it is important to create a culture that bridges the geographical divide and creates a sense of belonging that brings us together as one team.
The Mainstream Ireland office last year hosted seventy-five colleagues from its global ofices to attend a week-long induction programme. It also held a 1.5 day internal 'State of the Art' event aimed to keep colleagues informed of both company-wide and industry-wide developments
We strive to minimise our environmental footprint by managing our environmental impacts. We are continually improving our management of environmental events and aim to minimise our energy consumption in our operations and to offset these through the operation of renewable energy projects in which we have a share of ownership. We have also set additional KPI's for 2020 to report on waste management across offices and project sites.
We work in hazardous conditions and strive to minimise our environmental footprint by managing our environmental impacts. We are continually improving on our management of environmental events and aim to ensure the bio-diversity of the area is maintained during, and reinstated to its natural state once projects are complete. We report on the energy consumption in our operations and in our travel, as well as the amount of emissions we offset through the operation of wind farms and solar parks in which we maintain an ownership position.
We have taken steps to reduce travel-related emissions by enhancing our technology capabilities to facilitate flexible home working and encourage video-conferencing. Our transition to a cloud-based data solution will also see reductions in emissions related to our data centres.
Mainstream takes responsibility for the environmental and ecological impacts of its activities in the development, construction and operation of renewable energy projects. We do this through implementing our environmental management systems (EMS). Our offices in Ireland, South Africa and Chile hold ISO 14001 certification.
Mainstream has a proud tradition of working to positively impact on the lives of those around us. Our programmes include improving education in STEM subjects and environmental awareness and, enterprise development programmes play a key role to drive innovation and entrepreneurial projects in the community.
Mainstream is a responsible developer and we recognise that working closely with our communities is a fundamental part of any project development. We engage with our communities early and often so they can be part of the project, from greenfield through to commercial operation.
- 90 community initiatives delivered.
- 120 teachers, facilitators employed.
- 25,000+ community members impacted.
- 13 project sites received community initiatives.
- All active projects have community plans in place for 2020.
Chile - The Development Stage
South Africa - The Operational Stage
Vietnam - The Development Stage
In June 2019, Mainstream sponsored and hosted a one-day renewable energy capacity building event for provinces in Vietnam together with the Vietnamese Ministry of Foreign Affairs (MOFA), the Global Wind Energy Council (GWEC) and the European Climate Fund (ECF). The programme ‘Overview of renewable energy in Vietnam: Challenges and Opportunities” was attended by 50 leaders from 24 provinces across Vietnam and focused on providing an overview of:
- the global renewable energy industry, renewable energy trends and developments in Vietnam,
- details of opportunities renewable energy can bring to the provinces including FDI investment attraction,
- job creation and potential supply chain development, and
- information on the challenges investors are facing, and the support/assistance that local authorities could provide to businesses.
Mainstream will continue to roll-out programmes in 2020 focused on areas of knowledge transfer to further enhance developing the Vietnamese renewable energy industry.
Our vision, mission and values
All of our successes are underpinned by our commitment to our vision, our mission and our values. Our vision to electrify the world with renewable energy helps create our culture globally and brings us together as one big team. Our values are of huge importance to us; they guide us on how we develop our projects to the best international standards.
Learn more about our Vision, Mission and Values.
SAFETY is our #1 priority.
We work with local partners to deliver indigenous, cost effective energy solutions.
Across our markets we adhere to the same Code of Conduct and anti-bribery and corruption statements.
Has led us to deliver our projects cheaper than new fossil fuel plants in Chile and South Africa.
is to lead the global transition to renewable energy.
We are a dynamic team that can act quickly to deploy more MWs globally.
We share a common set of values across the globe and chief among these is our commitment to safety. It's the value that we put first in our day to day work, all day everyday.
Is fundamental and is at the core of all our relationships
We are a geographically diverse team and work together closely as one team to deliver our vision.
Mainstream’s number one value is Safety. The Company is committed to applying the highest standards of health, safety and environmental management whilst developing world class renewable energy projects. This approach is reflected in Mainstream’s SHEQ policy and SHEQ Management Systems, which have been externally validated to meet compliance with relevant ISO standards. The Company has also received accreditation under the Great Place to Work Institute Ireland and awarded A- in its climate change mitigation through the CDP.
Mainstream has been recognised in the finance industry where it was awarded the PFI Award 2019 for Latin America Renewables Deal of the Year 2019 (pictured right). In late 2019 it was awarded the Infrastructure Investor Awards 2019 Latin America Renewables Deal of the Year for the Condór Portfolio, Andes Renovables and the Infrastructure Investor Awards 2019 for the Middle East and Africa, West Bakr wind farm in Egypt (252 MW).