FuelCell Energy Releases Its First Sustainability Report
02 Fevereiro 2022 - 10:00AM
FuelCell Energy, Inc. (Nasdaq: FCEL) -- a global leader in
decarbonizing power and producing hydrogen with a purpose of
utilizing its proprietary, state-of-the-art fuel cell platforms to
enable a world empowered by clean energy -- today announced the
availability of its first sustainability report.
The FuelCell Energy 2021 Sustainability Report
reaffirms the Company’s commitment to team members, community,
environmental safety, and a diverse Board of Directors and global
team. The report also illuminates how FuelCell Energy is advancing
both the Company’s and customer’s environmental and sustainability
agendas. This report introduces a commitment to achieving Net Zero
emissions by 2030 on Scope 1 and Scope 2 emissions, and details the
efforts and initiatives being undertaken to hit metrics and achieve
milestones toward Net Zero 2030. Also highlighted are the
advancements in developing technologies and processes by which
FuelCell Energy plans to efficiently decarbonize inefficient power
sources and produce clean, storable hydrogen.
FuelCell Energy’s report aligns with both the
Sustainability Accounting Standards Board (SASB) and the Task Force
on Climate-Related Financial Disclosures (TCFD) reporting
criteria.
“It has always been FuelCell Energy’s goal to
decarbonize legacy production and delivery of power generation,
enable the conversion of excess energy from intermittent sources
into hydrogen as a stored energy source, and to produce clean, zero
carbon power from that stored hydrogen. Hydrogen is a regenerative
energy source, which does not require mining, and is not subject to
geopolitical risk. This inaugural Sustainability Report details the
work we’re putting into a clean energy future and provides a
baseline from which our stakeholders will measure the Company as we
make progress toward our Net Zero 2030 initiatives, and ultimately
the Scope Three emissions target by 2050,” said Jason Few,
President and CEO, FuelCell Energy. “We are immensely proud of the
work FuelCell Energy is doing-at home and around the world with new
decarbonization and clean energy projects that help other companies
and municipalities get to the clean energy future we all need and
deserve.”
Highlights from the Sustainability Report
include:
- The link between how FuelCell
Energy fulfills its corporate purpose and how the Company helps
customers achieve their own sustainability goals
- How FuelCell Energy’s commitment to
sustainability fully extends into its operations and the management
of related resources that support the execution of the
sustainability plan
- How FuelCell Energy’s unique
hydrogen and carbon capture solutions are being developed to
support accelerating the greening of the electric grid
- Diverse use cases with partners
such as Toyota, ExxonMobil Research and Engineering, Pfizer,
wastewater districts, and local municipalities
- Data and key
performance indicators (KPI’s) on topics that are material to the
Company’s global stakeholders
Mr. Few continued, “FuelCell Energy has made
great strides in our social and governance oversight as well, with
the current composition of the Board of Directors being just one
strong example. Today, our Board of Directors reflects our emphasis
on diversity, equity, and inclusion, with 63% of our Board members
being women and/or people of color. In 2021, we had three newly
appointed Board members, all of whom deepened our diversity. Also,
in December 2021, we officially adopted a Board of Directors
oversight structure of our ESG efforts, rechartering our Nominating
and Corporate Governance Committee as the Environmental, Social,
Governance and Nominating Committee. We recognize these efforts are
part of our journey, and we look forward to updating our progress
against all of our ESG goals over the coming years.”
For more information and to read the full
report, please visit FuelCell Energy’s Sustainability resource page
at www.fuelcellenergy.com or by clicking HERE.
About FuelCell Energy
FuelCell Energy, Inc. (NASDAQ: FCEL): FuelCell
Energy is a global leader in sustainable clean energy technologies
that address some of the world’s most critical challenges around
energy, safety and global urbanization. As a leading global
manufacturer of proprietary fuel cell technology platforms,
FuelCell Energy is uniquely positioned to serve customers worldwide
with sustainable products and solutions for businesses, utilities,
governments and municipalities. Our solutions are designed to
enable a world empowered by clean energy, enhancing the quality of
life for people around the globe. We target large-scale power users
with our megawatt-class installations globally, and currently offer
sub-megawatt solutions for smaller power consumers in Europe. To
provide a frame of reference, one megawatt is adequate to
continually power approximately 1,000 average sized U.S. homes. We
develop turn-key distributed power generation solutions and operate
and provide comprehensive service for the life of the power plant.
Our fuel cell solution is a clean, efficient alternative to
traditional combustion-based power generation, and is complementary
to an energy mix consisting of intermittent sources of energy, such
as solar and wind turbines. Our customer base includes utility
companies, municipalities, universities, hospitals, government
entities/military bases and a variety of industrial and commercial
enterprises. Our leading geographic markets are currently the
United States and South Korea, and we are pursuing opportunities in
other countries around the world. FuelCell Energy, based in
Connecticut, was founded in 1969.
www.fuelcellenergy.com
SureSource, SureSource 1500, SureSource 3000,
SureSource 4000, SureSource Recovery, SureSource Capture,
SureSource Hydrogen, SureSource Storage, SureSource Service,
SureSource Treatment, SureSource Capital, FuelCell Energy, and
FuelCell Energy logo are all trademarks of FuelCell Energy,
Inc.
Contact:
FuelCell Energy,
Inc.ir@fce.com203.205.2491Source: FuelCell
Energy
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