Environmental

2021 Performance

Recognizing the global footprint of our business, we have adjusted our emission calculation methodology by: (a) utilizing an updated GHG Protocol emission calculation tool (March 2021) for our Scope 1 emissions; and (b) replacing a single emission factor (Canada) with country specific emission factors published by the International Energy Agency ("IEA") for our Scope 2 emissions.

Accordingly, following the GHG Protocol Corporate Accounting and Reporting Standard, Westport Fuel Systems has recalculated and restated its Scope 1 and 2 emissions for 2019 and 2020 as a result of the change in calculation methodology and base year recalculations triggered by a significant structural change (the acquisition of Stako as noted in the next paragraph) in the organization in 2021. We believe these changes enhance our transparency and provide a more accurate year-over-year comparison.

Energy intensity

(thousand GJs energy consumed/$M revenue)

GHG emission intensity

(tonnes of CO₂ emitted/$M revenue)

The Energy intensity and GHG emission intensity figures for all three years were recalculated to include Poland.
According to the IEA’s CO₂ emission factors, countries in which Westport Fuel Systems operates have lowered their respective emission factors year over year which in turn results in a lower GHG intensity.
Westport Fuel Systems’ annual revenue between 2020 and 2021 increased by 24%, energy consumption by 23% and GHG emissions by 16%

Key Accomplishments

Working with S&P Global, we identified Scope 1 and Scope 2 emissions and created a clear path to our own science-based, net-zero GHG emissions targets.

For the first year, we disclosed to the CDP as a way to better understand TCFD requirements. A score was not generated as this was a preliminary disclosure exercise completed through a condensed questionnaire.

We advanced building the core elements of the TCFD-recommended climate-related disclosures through the further development of the following:

Scope 3 emissions data gathering
Embedding ESG risks through the Enterprise Risk Management framework
Identifying a next step to engage in both a physical and transition risk assessment