Our 2021 Sustainability Report

 

Our mission is to lead the global transition to renewable energy.Our strategy is to deliver best-in-class projects into operation, on time, on budget and safely in line with our unique Global Development Standard, and, underpinned by our values. Our aim is to achieve this in a way that embeds sustainability throughout our business approach, recognising our impacts and responsibilities, and creating value for our stakeholders, wider society and the environment in which we operate. Our new partnership with Aker Horizons will serve to fast-track these ambitions with shared values and approaches.

 

Our shared approach includes support of the UN Sustainable Development Goals and transparent reporting, including the principles of stakeholder engagement and materiality. In seeking greater alignment with Aker Horizons reporting approach, this report utilises the World Economic Forum’s Measuring Stakeholder Capitalism Framework: Governance, Planet, People and Prosperity. This replaces the strategic pillars of Marketplace, Workplace, Environment and Community as reported in previous sustainability reports.

Click to open Sustainability Report pdf Read our Sustainability Report here

GOVERNANCE

At 31 December 2020, our Board of Directors has six sub-committees, Chief Executive Safety, Risk and Investment, Remuneration, Audit, Sustainability and Nominations to assist in its oversight activities.

 

Our Code of Conduct and high ethical standards are based on shared values, reflected in our everyday actions and are documented in our Code.

 

The Code of Conduct also addresses Group Compliance Policies and Procedures including; Speaking Up, Anti-Bribery and Corruption, Conflicts of Interest, Political Contributions, Facilitation Payments, Gifts and Hospitality, Charitable Contributions and Sponsorships.

 

Highlights

 

  • Ethics and Compliance committee representatives in place across all platforms.

  • All Employees and Directors completed Anti-Bribery and Corruption (ABC) training.

  • Corporate Governance Standards Manual.

  • Comprehensive review and bench-marking exercise of the Code of Conduct.

  • Introduction of Partner Compliance Workshops for all new joint venture partnerships.

 

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.

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.

Learn more about our Vision, Mission and Values.

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SAFETY is our #1 priority.

SUSTAINABILITY

We work with local partners to deliver indigenous, cost effective energy solutions.

INTEGRITY

Across our markets we adhere to the same Code of Conduct and anti-bribery and corruption statements.

INNOVATION

Has led us to deliver our projects cheaper than new fossil fuel plants in Chile and South Africa.

OUR MISSION

is to lead the global transition to renewable energy.

ENTREPRENEURSHIP

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.

RESPECT

Is fundamental and is at the core of all our relationships

WORKING TOGETHER

We are a geographically diverse team and work together closely as one team to deliver our vision.

Accreditations

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.

AWARDS

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).

Renewables Deal of the Year - Middle East and Africa (West Bakr wind - 252 MW)
Renewables Deal of the Year Latin America (Andes Renovables)
Developer of the Year 2014 and 2015
PFI Award 2019 Americas Deal of the Year Condór Portfolio, Andes Renovables
Digital Strategy to Execution Award
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