Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP) today issued an inaugural Environmental, Social & Governance (ESG) Report, highlighting the Company's 2019 performance in several key areas relevant to the long-term sustainability of its business, and demonstrating an ongoing commitment to transparency and environmental leadership in the fuel cell industry. While the company has reported on select ESG data in the past, this is the first time Ballard’s performance has been consolidated and presented in a comprehensive ESG Report.
"At Ballard, we recognize the growing investor and stakeholder interest in our environmental, social and corporate governance programs and performance, and we are proud to present our first annual ESG Report,” said Randy MacEwen, Ballard’s President and CEO. “This report sets benchmarks for future Ballard ESG Reports, and marks a public commitment to transparency in reporting.”
To view Ballard’s 2019 ESG Report, and for more information regarding the Company’s sustainability commitments, please visit www.ballard.com/about-ballard/our-sustainability.
Ballard’s 2019 ESG Report is also included in our “Notice of Annual Meeting, Management Proxy Circular, and 2019 Annual Report”, which will be available for download from our corporate website (www.ballard.com) in the coming weeks.
The combination of Ballard’s zero-emission fuel cell products, sustainable business model, strong governance practices, and committed workforce enables the Company to create long-term value for shareholders while contributing to decarbonization of the global economy. Ballard is well-positioned to help achieve increasingly aggressive global renewable energy and GHG reduction targets.
In 2019, Ballard also launched a “Mission Carbon Zero” initiative to evaluate and steadily reduce the environmental impact of our organization and products, with a goal of being carbon neutral by 2030. The Company is tracking and evaluating our carbon footprint, as well as performing lifecycle assessments of our fuel cell stacks and heavy-duty power modules in order to measure their carbon footprint “from cradle to grave”. As we proceed, Ballard is committed to informing our customers, investors and other stakeholders of the results of this work, along with our strategies to further reduce and offset our emissions and continue progressing toward a carbon neutral position.
You can also download our brochure, Hydrogen Fuel Cell Vehicles for a Sustainable Future, for a concise look at how Ballard is ensuring sustainability across the entire lifecycle of our products.
About Ballard Power Systems
Ballard Power Systems’ (NASDAQ: BLDP; TSX: BLDP) vision is to deliver fuel cell power for a sustainable planet. Ballard zero-emission PEM fuel cells are enabling electrification of mobility, including buses, commercial trucks, trains, marine vessels, passenger cars, forklift trucks and UAVs. To learn more about Ballard, please visit www.ballard.com.