Environmental
To reduce global emissions, the time to act is now. Protecting the environment is built into our core principle of driving innovation to power a cleaner tomorrow. Every day we commit to increasing our efforts through our research, our innovation, our technologies and our products that all contribute to cleaner and affordable transportation solutions.
Managing and reducing our own carbon footprint is an important part of our efforts on the journey of becoming stewards of the environment. We continue to plan, monitor and track our efforts in this area, with the goal of continuous improvement.
2021 Performance
Westport Fuel Systems is taking responsibility and playing our part in the transition to a low-carbon energy future. We are engaged to reduce our emission footprint with initiatives such as the integration of solar energy to reduce our electricity needs (see “Reducing our footprint while sharing resources to benefit all” on page 20). To this end, we are committed to progressing toward an economy that is driven by low-carbon power sources where possible.
Energy intensity
(thousand GJs energy consumed/$M revenue)
GHG emission intensity
(tonnes of CO2 emitted/$M revenue
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.
- 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
- 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