Ballard Publishes its 2023 ESG Report

Source: www.gulfoilandgas.com 6/10/2024, Location: North America

Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today releases its 2023 Environmental, Social, and Governance (ESG) Report, highlighting progress across Ballard's 2023 ESG performance and articulating an ongoing commitment to transparency and environmental leadership in the fuel cell industry.

The report captures performance metrics in the pursuit of Ballard's sustainability commitments and supporting initiatives. Related information regarding Ballard's ESG governance, risk management, and performance are also outlined within this report.

Highlights from the 2023 ESG Report include:

- 98% of global buildings use renewable electricity

- 33% reduction in building emissions directly related to reducing natural gas consumption

- 37% estimated decrease in energy intensity per employee

- Conducted our first global diversity census and inclusivity survey

- Launched DEI Council to support advancing a more inclusive workplace culture

- Increased female representation at the senior leadership level to 43%1

- Expanded our greenhouse gas emissions inventory to include direct material purchases

- Outline of the Company's plan to be carbon neutral by 2030, including key goals for driving decarbonization of corporate emissions

"At Ballard, we are commercialzing innovative solutions that put hydrogen-powered fuel cell products into the hands of our customers, aiding in the global transition to clean and secure energy. While we are excited to be an enabler for customers to realize their decarbonization plans, we are also steadfast in our commitment to sustainability in our own operations," stated Randy MacEwen, Ballard's President & CEO.

Ballard is committed to ESG reporting best practices. For its 2023 report, Ballard continued to align its disclosures to the internationally recognized ESG reporting standards of the Global Reporting Initiative (GRI) and the Sustainability Accounting Standards Board (SASB) under the sector standard for 'Fuel Cell and Industrial Batteries'.

To view Ballard's 2023 ESG Report, and for more information regarding the Company's sustainability commitments, please visit www.ballard.com/about-ballard/our-sustainability


China >>  7/12/2024 - XCMG Machinery (SHE: 000425, "XCMG") has secured the 63rd position in the "China's 500 Most Valuable Brands 2024" by World Brand Lab, with a brand val...
United States >>  7/11/2024 - FMC Corporation, a leading global agricultural sciences company, today announced it has signed a definitive agreement to sell its Global Specialty Sol...

United States >>  7/9/2024 - Albireo Energy, a leading independent building controls and energy services provider and Huron Capital portfolio company, announced the publication of...
Belgium >>  7/8/2024 - - ArcelorMittal Gent is hosting the first industrial trial of D-CRBN's technology
...


Canada >>  7/8/2024 - Wagner Forest Management, Ltd., a prominent manager of timberland investments, announced that it is considering strategic alternatives, including the ...
Canada >>  7/8/2024 - Polystyvert, an innovative company specializing in recycling technologies and the circular economy of styrenic plastics (polystyrene and ABS), announc...




Gulf Oil and Gas
Copyright 2023 ICT All rights reserved. - Terms of Service - Privacy Policy.