EnerSys (NYSE: ENS)
EnerSys, a global leader in stored energy solutions, has
released its 2022 Sustainability Update, showcasing substantial
progress on key environmental, social and governance (ESG)
performance. The report reinforces the Company’s commitment to
building a sustainable future, everywhere for everyone.
Highlights:
- Global Greenhouse Gas Emissions reduced by over 4% vs 2021
- Scope 1 emissions down nearly 8% vs 2021, surpassing 24%
reduction since 2019
- Scope 2 emissions decreased by nearly 4% vs 2021
- Water intensity lowered by 1.4% vs 2021
- Female representation in leadership increased from 9% to 13%
between 2021 and 2022
- Recognized by Newsweek as one of "America's Most Responsible
Companies" in the Technology Hardware industry category
“Our sustainability initiatives push us to be more efficient,
accelerate the development of innovative solutions for our
customers, and build a stronger, more diverse, and more engaging
workplace for all of our employees,” said EnerSys President &
CEO David M. Shaffer. “I’m incredibly proud of the progress we are
making.”
The 2022 Sustainability Update reveals EnerSys' progress towards
the goals established in the 2021 report, such as reducing
greenhouse gas emissions, improving energy efficiency, and
implementing diversity, equity, and inclusion initiatives.
A significant achievement outlined in the update is the
decoupling of production from energy consumption. This has enabled
EnerSys to consume fewer resources while producing greater volumes
of high-performing energy systems and batteries for its growing
customer base.
EnerSys has also improved efficiencies by reducing the amount of
water needed to manufacture products. In 2022, EnerSys was able to
save a year’s worth of drinking water required for a city of over
12,000 people (compared to 2021 business as usual baselines).*
“While improving efficiency has always been a core part of our
DNA, a little over 30 months into our formal ESG efforts we are
really starting to see the results of our strategy; with notable
positive impacts for our people, the planet and our bottom line,”
said Samuel Shiroff, Senior Director of Global Sustainability at
EnerSys.
By prioritizing sustainability across its operations, EnerSys is
driving positive change and paving the way for a better world for
future generations.
For more information on EnerSys' sustainability initiatives,
please visit
https://www.enersys.com/en/about-us/sustainability/.
*Mayo Clinic: The calculation is: average 3.2 liters per person
/ per day with a savings of 1.47 million liters of water. Published
October 2022.
About EnerSys:
EnerSys, the global leader in stored energy solutions for
industrial applications, manufactures and distributes energy
systems solutions and motive power batteries, specialty batteries,
battery chargers, power equipment, battery accessories and outdoor
equipment enclosure solutions to customers worldwide. Energy
Systems, which combine enclosures, power conversion, power
distribution and energy storage, are used in the telecommunication,
broadband and utility industries, uninterruptible power supplies,
and numerous applications requiring stored energy solutions. Motive
power batteries and chargers are utilized in electric forklift
trucks and other industrial electric powered vehicles. Specialty
batteries are used in aerospace and defense applications, large
over-the-road trucks, premium automotive, medical and security
systems applications. EnerSys also provides aftermarket and
customer support services to its customers in over 100 countries
through its sales and manufacturing locations around the world.
With the NorthStar acquisition, EnerSys has solidified its position
as the market leader for premium Thin Plate Pure Lead batteries
which are sold across all three lines of business. More information
regarding EnerSys can be found at www.enersys.com.
Sustainability
Sustainability at EnerSys is about more than just the benefits
and impacts of our products. Our commitment to sustainability
encompasses many important environmental, social and governance
issues. Sustainability is a fundamental part of how we manage our
own operations. Minimizing our environmental footprint is a
priority. Sustainability is our commitment to our employees, our
customers and the communities we serve. Our products facilitate
positive environmental, social and economic impacts around the
world. To learn more visit:
https://www.enersys.com/en/about-us/sustainability/.
Caution Concerning Forward-Looking
Statements
This press release, and oral statements made regarding the
subjects of this release, contains forward-looking statements,
within the meaning of the Private Securities Litigation Reform Act
of 1995, or the Reform Act, which may include, but are not limited
to, statements regarding EnerSys’ projections, plans, objectives,
expectations and intentions to reduce emissions and emissions
intensity, the development of future technologies, business plans,
and other statements contained in this press release that are not
historical facts, including statements identified by words such as
“believe,” “plan,” “seek,” “expect,” “intend,” “estimate,”
“anticipate,” “will,” and similar expressions. All statements
addressing operating performance, events, or developments that
EnerSys expects or anticipates will occur in the future, including
statements relating to the Company’s goals of achieving Scope 1
greenhouse gas neutrality by 2040 and Scope 2 neutrality by 2050,
as well as statements expressing optimism or pessimism about such
plans are forward-looking statements within the meaning of the
Reform Act. The forward-looking statements are based on
management's current views and assumptions regarding future events
and operating performance, and are inherently subject to
significant business, economic, and competitive uncertainties and
contingencies and changes in circumstances, many of which are
beyond the Company’s control. The statements in this press release
are made as of the date of this press release, even if subsequently
made available by EnerSys on its website or otherwise. EnerSys does
not undertake any obligation to update or revise these statements
to reflect events or circumstances occurring after the date of this
press release.
Although EnerSys does not make forward-looking statements unless
it believes it has a reasonable basis for doing so, EnerSys cannot
guarantee their accuracy. The foregoing factors, among others,
could cause actual results to differ materially from those
described in these forward-looking statements. For a list of other
factors which could affect EnerSys’ results, including earnings
estimates, see EnerSys’ filings with the Securities and Exchange
Commission, including “Item 7. Management's Discussion and Analysis
of Financial Condition and Results of Operations,” and
“Forward-Looking Statements,” set forth in EnerSys’ Annual Report
on Form 10-K for the fiscal year ended March 31, 2022. No undue
reliance should be placed on any forward-looking statements.
CONTACT
Lisa HartmanInvestor Relations and Financial
MediaEnerSys610-236-4040E-mail: investorrelations@enersys.com
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