Report outlines increased sustainability disclosures, including Fluence’s first
“Fluence operates with sustainability principles at our core and the urgency to address climate change imparts an urgency to our work. The speed at which we are moving towards our sustainability program commitments is a testament to the dedication of our employees, and partnerships with our suppliers and customers,” said Fluence President and Chief Executive Officer
Highlights from the 2023 Sustainability Report include:
- Completed Fluence’s first climate risk assessment and published the company’s first
Task Force on Climate-Related Financial Disclosures (TCFD) report. - Increased disclosures tied to the
Global Reporting Initiative (GRI) and the Sustainability Accounting Standards (SASB) compared to our 2022 Sustainability Report. - Expanded greenhouse gas (GHG) footprint analysis beyond Scope 1 and 2 GHG emissions into Scope 3 GHG emissions.
- Implemented a responsible sourcing framework to enhance engagement with suppliers and reinforce ethical practices throughout our supply chain.
- Mitigated 60% of the greenhouse gas emissions from employee business air travel during fiscal year 2023.
Fluence’s ESG strategy and efforts support four of the 17 United Nations Sustainable Development Goals. The Report aligns with the SASB: Fuel Cells & Industrial Batteries standard, TCFD, and references the GRI.
To download the Fluence 2023 Sustainability Report, visit Fluence’s website.
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Cautionary Note Regarding Forward-Looking Statements
The statements contained in this press release that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, statements regarding our future business expectations, plans and objectives and our sustainability plans, goals, initiatives, and programs and any associated anticipated timeframes. Such statements can be identified by the fact that they do not relate strictly to historical or current facts. When used in this press release, words such as “may,” “possible,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “targets,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential,” or “continue” or the negative of these terms or other similar expressions and variations thereof and similar words and expressions are intended to identify such forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking.
The forward-looking statements contained in this press release are based on our current expectations and beliefs concerning future developments, as well as a number of assumptions concerning future events, and their potential effects on our business. These forward-looking statements are not guarantees of performance, and there can be no assurance that future developments affecting our business will be those that we have anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond our control) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements, which include, but are not limited to, regulatory changes in jurisdictions in which we operate and other factors set forth under Item 1A. “Risk Factors” in our Annual Report on Form 10-K for the fiscal year ended
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