Report affirms Fluence’s dedication to robust environmental, social, and governance (ESG) ideas
ARLINGTON, Va., Might 02, 2023 (GLOBE NEWSWIRE) — Fluence Vitality, Inc. (“Fluence”) (NASDAQ: FLNC), a number one world supplier of vitality storage services and products, and cloud-based software program for renewables and storage, introduced at the moment the publication of its first sustainability report. The report particulars the corporate’s dedication to accountable sourcing, environmental stewardship, and sustainable practices.
“As a pioneering business chief working alongside our clients to handle local weather change, sustaining sustainable enterprise practices is a key a part of our mission. We contemplate the sustainability of our merchandise in any respect levels of their lifecycle and, as evidenced on this sustainability report, are frequently taking steps to ship extra sustainable merchandise,” mentioned Fluence President and Chief Government Officer Julian Nebreda. “The accomplishments outlined throughout the report are the results of the arduous work of our workers, the belief of our clients and shareholders, and the partnerships with our suppliers.”
Since its preliminary public providing in 2021, Fluence has been creating a sturdy and adaptable ESG basis to help the corporate’s development and mission, and to handle the results of local weather change.
The report illustrates Fluence’s sustainability imaginative and prescient that entails implementing digital options to additional optimize the vitality storage product provide chain and lifecycle. Using digital options at numerous levels and hyperlinks in Fluence’s provide chain can deliver elevated accountability by way of transparency and assist speed up the corporate’s progress towards reaching its ESG targets.
The report additionally highlights Fluence’s round economic system framework and its dedication towards pressured and slave labor. The framework is being developed to information the accountable lifecycle of Fluence’s vitality storage merchandise, together with sustainable end-of-life administration processes.
“Publishing our first sustainability report at this stage in Fluence’s development is a testomony to our dedication of holding ourselves accountable by way of transparency,” mentioned Fluence Director of ESG and Sustainability Mike Herod. “We challenged ourselves and had been targeted on constructing a powerful ESG program by way of structured frameworks, information, and energetic engagement. We acknowledge we’re solely to start with levels of our sustainability journey and this report outlines the developments we’ve already made in addition to actions to come back.”
Fluence’s ESG technique and efforts help 4 of the 17 United Nations Sustainable Growth Objectives (UN SDGs). The report was created in compliance with the Sustainability Reporting Requirements, Core Possibility, of the World Reporting Initiative (GRI), in addition to the Sustainability Accounting Requirements Board (SASB) necessities for sustainability reporting.
To obtain the Fluence fiscal yr 2022 Sustainability Report, go to Fluence’s web site.
About Fluence
Fluence Vitality, Inc. (Nasdaq: FLNC) is a world market chief in vitality storage services and products, and cloud-based software program for renewables and storage. With a presence in over 40 markets globally, Fluence supplies an ecosystem of choices to drive the clear vitality transition, together with modular, scalable vitality storage merchandise, complete service choices, and the Fluence IQ Platform, which delivers AI-enabled SaaS merchandise for managing and optimizing renewables and storage from any supplier. The Firm is remodeling the way in which we energy our world by serving to clients create extra resilient and sustainable electrical grids.
For extra data, go to our web site, or observe us on LinkedIn or Twitter. To remain updated on the most recent business insights, join Fluence’s Full Potential Weblog.
Ahead-Wanting Statements
The statements described herein that aren’t historic details are forward-looking statements throughout the that means of Part 27A of the Securities Act of 1933, as amended, Part 21E of the Securities Change Act of 1934, as amended, and the Personal Securities Litigation Reform Act of 1995. Such statements will be recognized by the truth that they don’t relate strictly to historic or present details. When used on this press launch, phrases akin to akin to “could,” “doable,” “will,” “ought to,” “expects,” “plans,” “anticipates,” “might,” “intends,” “targets,” “tasks,” “contemplates,” “believes,” “estimates,” “predicts,” “potential” or “proceed” or the detrimental of those phrases or different related expressions and variations thereof and related phrases and expressions are supposed to establish such forward-looking statements, however the absence of those phrases doesn’t imply {that a} assertion just isn’t forward-looking.
The forward-looking statements contained on this press launch are based mostly on our present expectations and beliefs regarding future developments, in addition to a variety of assumptions regarding future occasions, and their potential results on our enterprise. These forward-looking statements usually are not ensures of efficiency, and there will be no assurance that future developments affecting our enterprise will likely be people who we’ve got anticipated. These forward-looking statements contain a variety of dangers, uncertainties (a few of that are past our management) or different assumptions which will trigger precise outcomes or efficiency to be materially totally different from these expressed or implied by these forward-looking statements, which embody, however usually are not restricted to, our potential to efficiently meet our targets, targets and commitments offered within the 2022 Sustainability Report and elements set forth below Half I, Merchandise 1A.“Danger Elements” in our Annual Report on Kind 10-Ok for the fiscal yr ended September 30, 2022, filed with the Securities and Change Fee (“SEC”) on December 14, 2022 and in different filings we make with the SEC infrequently. New dangers and uncertainties emerge infrequently and it’s not doable for us to foretell all such danger elements, nor can we assess the impact of all such danger elements on our enterprise or the extent to which any issue or mixture of things could trigger precise outcomes to vary materially from these contained in any forward-looking statements. Ought to a number of of those dangers or uncertainties materialize, or ought to any of the assumptions show incorrect, precise outcomes could differ in materials respects from these projected in these forward-looking statements. You’re cautioned to not place undue reliance on any forward-looking statements made on this press launch. Every forward-looking assertion speaks solely as of the date of the actual assertion, and we undertake no obligation to publicly replace or revise any forward-looking statements to mirror occasions or circumstances that happen, or which we develop into conscious of, after the date hereof, besides as in any other case could also be required by legislation.
ESG Contact
Mike Herod, Director of ESG and Sustainability
Electronic mail: esg@fluenceenergy.com
Media Contact
Shayla Ebsen, Director of Communications
Electronic mail: media.na@fluenceenergy.com
Telephone: +1 (605) 645-7486
Analyst Contact
Lexington Might, Vice President Finance & Investor Relations
Electronic mail: investorrelations@fluenceenergy.com
Telephone: +1 (713) 909-5629
Credit score:Source link
