VANCOUVER, BC, June 25,
2024 /PRNewswire/ - Westport Fuel Systems Inc.
("Westport" or the "Company") (TSX: WPRT) (Nasdaq: WPRT), a leading
supplier of advanced alternative fuel systems and components for
the global transportation industry, is pleased to publish its 2023
Environmental, Social and Governance ("ESG") report (the "2023 ESG
Report"). The 2023 ESG Report outlines the Company's
accomplishments within its primary areas of focus that include
reduced emissions and energy consumption, operational health and
safety, diversity, equity and inclusion, responsible sourcing,
human rights, and ESG governance.
"We are committed to shaping a future that is driven by the
three pillars of ESG – environmental stewardship, social
responsibility, and strong governance," said Dan Sceli, Chief Executive Officer of
Westport. "We have embraced the
challenge of achieving sustainable operations, with an unwavering
dedication to our core values of integrity, respect, and
perseverance. We are focused on decarbonizing transportation to
help clean our air and create a more sustainable future for
all."
Highlights of the 2023 ESG Report include:
- >90% of total waste recycled from production sites,
- 20% reduction in Scope 1 CO2 emissions,
- 7% decrease in Scope 2 emissions,
- disclosure of Scope 3 GHG emissions
- 32% of our global workforce is female, and
- won two prestigious national awards – the Friendly Workplace
recognition at the plant in Poland
and the Award for Excellence at the facilities in Italy.
Westport, with a significant
portion of its business located in Europe, is actively working on the
implementation of the Corporate Sustainability Reporting Directive
(CSRD). This initiative marks a significant step forward in the
Company's commitment to advancing ESG goals. By adopting the CSRD
standards, Westport aims to
enhance transparency, accountability, and sustainability in our
operations, reinforcing dedication to responsible business
practices and long-term value creation for all our
stakeholders.
About Westport Fuel
Systems
At Westport, we are driving
innovation to power a cleaner tomorrow. We are a leading supplier
of advanced fuel delivery components and systems for clean,
low-carbon fuels such as natural gas, renewable natural gas,
propane, and hydrogen to the global transportation industry. Our
technology delivers the performance and fuel efficiency required by
transportation applications and the environmental benefits that
address climate change and urban air quality challenges.
Headquartered in Vancouver,
Canada, with operations in Europe, Asia,
North America, and South America, we serve our customers in more
than 70 countries with leading global transportation brands. At
Westport, we think ahead. For more
information, visit www.wfsinc.com.
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SOURCE Westport Fuel Systems Inc.