Westport high pressure direct injection ("HPDI") technology was first imagined and developed in the Mechanical Engineering Department at the University of British Columbia. Dr. Philip Hill questioned whether the diesel engine, the workhorse of the industrial economy, could run on a more abundant, cleaner gaseous fuel with the same performance and fuel efficiency.
Fast forward twenty years, and Dr. Hill and some of his original graduate students continue to work on this very challenge. While urban air quality and oil dependence were some of the initial drivers, the shift to natural gas for transportation has additional benefits, like compelling economics, reduced air pollutant and greenhouse gas (GHG) emissions, and energy security.
Shifting the world to a lower-carbon, less expensive fuel like natural gas is no simple task. Our customers around the globe demand new, economic, sustainable and efficient transport solutions.
Smart people are weighing in, asking questions and contributing their perspective to ensure that the benefits of a shift to a natural gas-powered transportation sector will be realized. We have a responsibility as market leaders to listen, learn and incorporate feedback from all of our stakeholders.
Energy transitions can take time and questions about any new fuel are natural; there is broad consensus, however, that natural gas is a viable option, supported by the more than 17 million light duty and 1.5 million heavy duty natural gas powered vehicles on the road today around the world (Navigant Research 2014).
To advance our vision of sustainability, we have been certified as having met the international standards of ISO 14001:2004 for Environmental Management Systems. This certificate demonstrates our commitment to develop, design, test and assemble engine and fuel system components that meet or exceed the expectations of our original equipment manufacturing partners and customers, and formalizes the effective environmental practice and process at our facilities.
We're pleased to share our progress in our annual sustainability report, providing information on our social and environmental impacts. We've compiled data from several fiscal years to reflect trends, achievements and challenges. We also file an annual report with the Carbon Disclosure Project to track our progress in measuring, disclosing, managing and sharing environmental performance information.
Westport has grown from an innovative research experiment to a global commercial enterprise. Our strength is the result of our willingness to challenge the limits of what is possible and transform transportation systems.
Welcome to the Westport sustainability site. Follow the initiative of Westport—and people everywhere—driving change.
Vice President, Strategy
Westport Fuel Systems Inc.
Westport Fuel Systems Inc. today announced the appointment of Mike Willis as Chief Financial Officer ("CFO") effective June 11, 2018. Ashoka Achuthan, Westport Fuel Systems current CFO, will step down from his position but continue to serve as an advisor to the leadership team through a transition period.
Revenue Guidance Adjusted to Reflect Sale
Performance on Track
Westport Fuel Systems Inc. held its Annual and Special Meeting of Shareholders on Monday, May 7, 2018 in Toronto, Ontario.
Westport Fuel Systems Inc. announced today that it will disclose its financial results for the first quarter ended March 31, 2018 on Friday, May 11, 2018 before market open. To coincide with the disclosure, Westport Fuel Systems has also scheduled a conference call for Friday, May 11, 2018 at 8:30 am Eastern Time.