Sustainable, responsible business

2023 ESG report

We believe our success is built on sustainable, responsible business practice. This means paying attention to environmental, social and governance factors that impact how we serve our customers, our people, our industry, our shareholders and our community.

Our sustainability strategy is an important part of guiding our vision and bringing focus to the most impactful areas in pursuing sustainable and responsible environmental, social and governance business practice.

It’s how we ensure we are Here for life™.

Reporting on our progress

Each year we report on our sustainability activities and performance against our goals. Read about our work in our latest ESG Report.

Read our ESG report

In 2022, Fuel cell vehicles powered by Ballard Prevented

Gallons of diesel consumption

~53M

As of date 2023

tCo2e of emmissions

~540,000

As of date: xx xx xxxx

which is the  equivalent to

Pounds of coal burned

~600M

As of date 2023

Acres of forest with carbon sequestered

~640,000

As of date 2023

Vehicles removed from the road

120,000

As of date 2023

tonnes of waste recycled instead of landfill

186,000

As of date 2023

Sustainability

ESG performance

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Environment

How Ballard performs as a steward of the environment, including greenhouse gas emissions management, waste management, and climate change.

tCO2e/$million revenue (emissions intensity)

185

All data is as of Dec. 31, 2023

Reduction in energy intensity per employee since 2019

37%

Renewable electricity

98%

of solid waste recycled

63%

Governance

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of solid waste recycled

98%

of solid waste recycled

98%

of solid waste recycled

98%

of solid waste recycled

98%

HERE FOR PLANET

Committed to be Carbon Neutral by 2030

We are dedicated to developing clean energy solutions that combat climate change while also minimizing our own environmental footprint. We have set an ambitious goal: to achieve carbon neutrality by 2030 with a comprehensive plan outlining the priority actions required to achieve this goal.

HERE FOR PEOPLE

Engaging our People and our Value Chain

Ballard’s culture embraces performance, creativity, development and balance with our team. We strive to learn and innovate and in return provide our team with opportunities through professional development, training and educational programs.

HERE RESPONSIBLY

Sound Corporate Governance Principles

Ballard remains committed to strong corporate governance and actively monitors and benchmarks evolving best practices to ensure our governance framework aligns with the highest standards and effectively supports our long-term sustainability goals.

Certificates & Disclosures

Our reports and disclosures

Go to document library

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Partners

Recognitions and Engagements

Our business strategy is a two-pronged approach to build shareholder value through the sale and service of power products and the delivery of technology solutions.

Certificates & Disclosures

Sustainability Policies and Mandates

Go to document library

Annual Report – Fighting Against Forced Labour and Child Labour in Supply Chains Act

Sustainability report 2023

Assessment Report – Sustainable mobility with Ballard technology

Assessment Report – Fuel cell refurbishing, recycling & platinum recovery

Sustainability

Commit to clean mobility

Sustainable, responsible business

Reporting on our progress

In 2022, Fuel cell vehicles powered by Ballard Prevented

Gallons of diesel consumption

~53M

tCo2e of emmissions

~540,000

which is the equivalent to

Pounds of coal burned

~600M

Acres of forest with carbon sequestered

~640,000

Vehicles removed from the road

120,000

tonnes of waste recycled instead of landfill

186,000

Sustainability

Environment

tCO2e/$million revenue (emissions intensity)

185

Reduction in energy intensity per employee since 2019

37%

Renewable electricity

98%

of solid waste recycled

63%

Social

Renewable electricity

185

Renewable electricity

185

Renewable electricity

185

Renewable electricity

185

Governance

of solid waste recycled

98%

of solid waste recycled

98%

of solid waste recycled

98%

of solid waste recycled

98%

HERE FOR PLANET

Committed to be Carbon Neutral by 2030

HERE FOR PEOPLE

Engaging our People and our Value Chain

HERE RESPONSIBLY

Sound Corporate Governance Principles

Certificates & Disclosures

Partners

New Flyer

New Flyer

Flyer

Partner 4

Test Partner 5

Certificates & Disclosures

which is the  equivalent to