Sustainability
Committed to decarbonizing mobility
Sustainable, responsible business
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
Annually we report on our sustainability activities and performance against our goals. Read about our work in our latest Sustainability Report.
Sustainability
Our Performance
Our company is dedicated to understanding our sustainability performance to identify areas for improvement and drive continuous enhancement. By transparently sharing our progress and challenges with stakeholders, we look to build trust and demonstrate our commitment to responsible and sustainable practices.
Environment
Ballard's approach to environmental stewardship encompasses greenhouse gas emissions management, waste management, and strategies for addressing 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%
All data is as of Dec. 31, 2023
Renewable electricity
98%
All data is as of Dec. 31, 2023
of solid waste recycled
63%
All data is as of Dec. 31, 2023
Governance
Our approach includes how Ballard is governed, including ESG governance, risk management, board diversity, ethics and compliance, and cybersecurity.
Employees attested to the Code of Ethics
100%
All data is as of Dec. 31, 2023
Of targeted workforce completed Anti-Corruption and Bribery training
99%
All data is as of Dec. 31, 2023
of directors are independent
70%
All data is as of Dec. 31, 2023
of directors are women
30%
All data is as of Dec. 31, 2023
HERE FOR PLANET
Committed to be Carbon Neutral by 2030
We are committed to creating clean energy solutions that address climate change while reducing our environmental footprint. Our goal is to be carbon neutrality by 2030, including all scope 1 and 2 emissions, plus partial scope 3 emissions from employee commuting, business travel, and hydrogen purchases for research and development. Read our plan to learn more.
HERE FOR PEOPLE
Engaging our People
We are dedicated to creating a work environment built on mutual trust and respect, where individuals feel included, engaged, motivated, and valued. In our commitment to continuous learning and innovation, we offer our team opportunities for growth through professional development, training, and educational programs.
HERE RESPONSIBLY
Sound Governance Practices
Ballard is dedicated to robust corporate governance, actively monitoring and benchmarking best practices to ensure our governance framework aligns with the highest standards. This dedication supports our long-term sustainability goals and strengthens our ESG governance, enhancing accountability across our business operations.
Sustainability resources
Reports, policies and statements
This section offers access to reports, policies, and updates on our voluntary and regulated sustainability activities. It highlights our commitment to transparency and accountability in driving sustainable practices across our operations.
Industry Engagement
Affiliations and Partnerships
Ballard actively promotes collaboration with industry peers and sustainability raters and rankers to support strengthening our own practice, enhance industry engagement on sustainability topics and accelerate positive change within the clean energy sector.
CDP
Since 2020 Ballard has annually disclosed our environmental performance through the CDP disclosure platform (formally Carbon Disclosure Project). The CDP is a not-for-profit charity that runs the global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts. Each year, CDP takes the information supplied in its annual reporting process and scores companies and cities based on their journey through disclosure and towards environmental leadership. Through an independent scoring methodology, they measure corporate and city progress and incentivize action on climate change, forests and water security
EcoVadis
EcoVadis Sustainability Ratings provide a detailed assessment of Ballard’s sustainability performance in areas of Environment, Labor & Human Rights, Ethics, and Sustainable Procurement. Each year we submit answers and evidence to the EcoVadis questionnaire where a team will asses our performance and rate us against their scoring methodology. Scorecards are made available and shared with our network partners as requested through the platform. In 2023, a silver rating meant that Ballard’s sustainability performance was in the top 15% of companies scored by EcoVadis.
UN Global Compact (UNGC)
The UN Global Compact is a call to companies everywhere to align their operations and strategies with ten universally accepted principles in the areas of human rights, labour, environment and anti-corruption, and to take action in support of UN goals and issues embodied in the Sustainable Development Goals.
Launched in 2000, the UN Global Compact is the largest corporate sustainability initiative in the world, with more than 15,000 companies and 3,000 non-business signatories based in over 160 countries, and more than 70 Local Networks. The Compact’s ambition is to accelerate and scale the global collective impact of business by upholding The Ten Principles and delivering the Sustainable Development Goals through accountable companies and ecosystems that enable change.
UN Sustainable Development Goals (UN SDGs)
The United Nations’ Sustainable Development Goals (UN SDGs) were set in September 2015 by the United Nations General Assembly and signed by all member states establishing one global agenda for 2030.
Ballard is guided by the UN SDGs and to doing our part to improve the company’s contribution toward achieving these universally accepted goals and mobilizing efforts to tackle climate change and fight inequalities. We seek to maintain alignment between our sustainability efforts and the UN SDGs in support of a more equitable and sustainable world. We summarize the areas where we have an opportunity for impact and some of the activities in place to contribute to the achievement of the goals in our Sustainability report.
Social
Our approach includes how Ballard is governed, including ESG governance, risk management, board diversity, ethics and compliance, and cybersecurity.
Employees worldwide
800+
Global retention rate
89%
All data is as of Dec. 31, 2023
Women in senior leadership
40%
All data is as of Dec. 31, 2023
Employees identifying as a racialized group
48%
All data is as of Dec. 31, 2023