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Ballard Publishes its Environmental, Social, and Governance Report for 2022
Ballard Publishes its Environmental, Social, and Governance Report for 2022 Canada News...
About this update from Ballard Power Systems Inc.
[{"type":"text","content":"\n \n \n \n Ballard Publishes its Environmental, Social, and Governance Report for 2022\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; BORDER-BOTTOM:black 0pt; BORDER-LEFT:black 0pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n July 19, 2023\n \n \n /CNW/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced the publication of its fourth annual Environmental, Social, and Governance (ESG) Report. Built around Ballard's purpose of\n \n Here for Life\n \n TM\n \n ,\n \n the report highlights the company's 2022 performance across the dimensions of environmental, social, and governance and demonstrates an ongoing commitment to transparency and environmental leadership in the fuel cell industry.\n \n \n \n \n \n \n \n \n \n The report captures the first year of focused action resulting from our ESG strategy and 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.\n \n \n Highlights from the 2022 ESG Report include:\n \n \n \n Continued improvement in overall ESG research ratings\n \n \n In 2022, Ballard fuel cell technology prevented ~53 million gallons of consumed diesel, avoiding ~540,000 tCO\n \n 2\n \n e\n \n 1\n \n \n \n 20% emissions intensity decline since 2019 across reported scope 1, scope 2, and scope 3 emissions\n \n \n Outline of the Company's carbon neutral by 2030 plan, including key goals for driving decarbonization of corporate emissions\n \n \n 88% annual employee retention rate\n \n \n Increased women representation at the senior leadership level by 14% since 2019\n \n \n Taught more than 125,000 students hydrogen fuel cell technology through Ballard's Hydrogen Challenge Education Program\n \n \n 63% decrease in lost-time in...