VANCOUVER, March 30, 2020 /PRNewswire/ - Ballard Power
Systems (NASDAQ: BLDP; TSX: BLDP) today announced that the Globe
and Mail's Report on Business magazine has named Ballard in
its inaugural "Women Lead Here" list, which identifies 73 Canadian
companies at the forefront of women in leadership positions. For
this first annual survey, Report on Business evaluated
hundreds of companies in order to identify those named in this
year's list, with the intention of setting a benchmark for gender
diversity in corporate Canada.
At the end of 2019 women represented 24% of Ballard's 703
employees, including 22% of the Company's board members, 33% of its
executive team, 18% of the senior leadership group and 20% of all
managers.
Randy MacEwen, Ballard President and CEO said, "We strive to
continually strengthen our employee value proposition and focus on
making Ballard a great place to work. We are committed to an equal
opportunity workplace and value gender diversity, as well as
diversity in areas such as age, race, ethnicity, cultural
background, sexual orientation, language, education and abilities.
We believe that this makes for a stronger organization and, taken
together, our focus on diversity and inclusion provides a
significant foundation to both attract and retain top
talent."
Jan Laishley, Ballard Vice-President of Human Resources added,
"We continue to advance a culture of diversity and inclusion, which
is foundational to promoting an environment where differences are
valued and respected. At Ballard we encourage an atmosphere of
trust and respect so that all team members feel safe to take risks,
identify problems, ask questions, disagree, make mistakes,
innovate, and perform at their best. We are proud to have our
Company's gender diversity recognized by Report on Business
magazine."
To create the inaugural "Women Lead Here" list, Report on
Business magazine evaluated the 500 largest publicly traded
companies in Canada. Completed
assessments represent the state of each company in the
November-December 2019 period, and
reflect consideration of gender diversity in executive leadership
at CEO, C-suite and Vice-President levels. Consideration was also
given to company profitability, revenue growth and three-year
financial return.
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.
This release contains forward-looking statements that involve
risks and uncertainties that may cause Ballard's actual results to
be materially different, including general economic and regulatory
changes, detrimental reliance on third parties, successfully
achieving our business plans and achieving and sustaining
profitability. For a detailed discussion of these and other risk
factors that could affect Ballard's future performance, please
refer to Ballard's most recent Annual Information Form. Readers
should not place undue reliance on Ballard's forward-looking
statements and Ballard assumes no obligation to update or release
any revisions to these forward looking statements, other than as
required under applicable legislation.
This press release does not constitute an offer to sell or the
solicitation of an offer to buy securities. The Ballard Common
Shares have not been registered under the United States Securities
Act of 1933, as amended, or the securities laws of any other
jurisdiction and may not be offered or sold in the United States absent registration or an
applicable exemption from registration requirements.
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SOURCE Ballard Power Systems Inc.