Statement regarding Scatec Solar’s project in Choluteca, Honduras
Scatec Solar is committed to high standards for sustainability management, including health and safety, environmental sustainability, ethical conduct and human rights. We are guided by and comply with internationally recognized standards such as the IFC Performance Standards on Environmental and Social Sustainability and the Equator Principles.
Scatec Solar is also committed to conduct its business in line with the United Nations Guiding Principles on Business and Human Rights and the United Nations Global Compact. Our commitment in this area is reflected in our global policies on sustainability, and human rights, as well as human relations. Our activities are conducted in accordance with the requirements defined by these international standards for specific areas of impact...
Scatec Solar together with Norfund, acquired a second project in Honduras at the end of 2015, the Los Prados Solar Project, with the environmental approvals from the Honduran authorities. The first phase of the project started operation towards the end of 2018 and provides energy for approximately 16,000 households. The project created 786 jobs during peak construction period, of which 97% where Honduran workers and 38% came from the neighbouring communities...