Smart Energy Week gathers a full range of renewable energy technologies such as hydrogen and fuel cells, solar power, rechargeable batteries, smart grids, wind power, biomass, zero-emission thermal power generation, etc.
REVIEWED AND ACCEPTED BY THE BOARD OF DIRECTORS ON NOVEMBER 3RD, 2023
Westport Fuel Systems Inc., its subsidiaries and affiliates (“WFS”) is committed to operating in an environmentally sustainable manner, by taking tangible steps to minimize and/or eliminate the impact of its activities on the environment, striving for continual improvement in reducing its carbon footprint, and promoting a culture of environmental responsibility throughout the organization.
This environmental policy (“Policy”) states WFS’s commitment to integrating its environmental objectives into its business practices and relations with various stakeholder groups, through identification, assessment and management of environmental factors, with a focus on both, risks and opportunities.
This Policy applies to corporate entities in which WFS has a controlling ownership interest or management responsibility and to all their directors, employees and relevant stakeholders worldwide. If WFS does not have a controlling ownership interest or management responsibility, WFS will take reasonable steps to ensure that associated entities comply with this Policy.
This Policy establishes a commitment to promoting sustainable practices throughout WFS’s operations. It addresses a broad range of environmental issues including climate change, pollution, resource use, and circular economy.
WFS recognizes the importance of identifying and assessing the possible impacts of its activities, products and services on the environment.WFS is aware of the need for a process of continuous improvement through initiatives and projects aimed at minimizing the environmental footprint of organizational activities, including the activities of its suppliers, customers and other stakeholders. WFS commits to:
WFS embraces the challenges of climate change and is keenly aware of its global responsibility for the environmental and societal impact of its activities and products. It is committed to continuously improving its environmental footprint and addressing environmental challenges throughout all life cycle stages of its production, while remaining competitive.
The Westport Fuel Systems Inc. Board of Directors (“BoD”) take their responsibilities as environmental stewards seriously and are dedicated to providing strong leadership in support of WFS’s environmental strategy.
The WFS ESG steering committee tracks BoD approved goals and oversees the adequacy of management systems to: identify and manage environmental risks and opportunities; adopt appropriate environmental standards; track, monitor and disclose WFS’s environmental performance; oversee climate-related responsibilities; and incorporate environmental considerations into business development strategies.
WFS continuously improves its ESG reporting scope and data collection processes to increase accountability and improve environmental performance.
For any questions about this Policy, please contact WFS Compliance at firstname.lastname@example.org.
Violations or suspected violations of this Policy must be promptly reported:
By Email: email@example.com
By Telephone: Ethics Hotline: +1(855) 227-0663 (Canada) / +1(800)-786907 (Italy)
Failure to observe this reporting requirement is a violation of the Policy and, as in the case of any other breach of this Policy, can result in disciplinary action up to and including termination of employment.
The following WFS policies are linked to and support the principles set out in this Policy: