Corporate Governance

REH Group Corporate GovernanceREH prides itself on its ethical business practices, commitment to transformation and community participation, and the realisation of real value on both a social and economic level through each of its projects. The REH Group does not engage in bribery and will not tolerate any corrupt activities in the development, construction or operation of its projects.

In support of our ethical business practice principles, REH ensures that its development activities comply with the requirements of both the Equator Principles and the IFC Performance Standards developed by the International Finance Corporation. Our compliance is confirmed by regular audits by independent contractors.

Moreover, REH considers a commitment to socio-economic development and community upliftment as an important aspect in its strategy. Projects developed by REH are designed to have significant local benefits, through local content procurement, local ownership and job creation opportunities.

More information about our commitment to socio-economic development can be found here.

More information about our implementation of IFC Performance Standards and Equator Principles can be found here.

Greenhouse Gas Emission Reductions & Carbon Credits

REH is committed to provide clean energy to fuel Africa’s growth. All the projects that REH owns or develops will result in the reduction of greenhouse gas emissions. In those cases where projects allow for it, REH sells the resulting emission reductions under the Clean Development Mechanism (CDM) or other suitable emission trading regimes.

Bethlehem Hydro was one of the first three registered CDM projects in South Africa and will result in the reduction of some 40 000 tons of CO2 per annum. The other projects currently under construction or development will result in savings of a further 60 000 tons of CO2 per annum.

Industry membership

The REH Group, through REH Project Development, is a member of the South African National Energy Agency (SANEA), as well as a silver corporate member of the International Hydropower Association (IHA).

For more information see:

SANEA
http://www.sanea.org.za

International Hydropower Association
http://www.hydropower.org