INNIO ANNOUNCES JOINING UNITED NATIONS GLOBAL COMPACT

KUALA LUMPUR, Aug 11 (Bernama) -- INNIO, a leading provider of renewable gas, natural gas, and hydrogen-based solutions and services, announced that it has joined the United Nations Global Compact, the world’s largest corporate sustainability initiative.

In joining this critical voluntary leadership platform, INNIO continues its path to build on an expanded commitment to its environmental, social and governance (ESG) programme, according to a statement.

As part of the Global Compact initiative, INNIO proudly aligns itself with thousands of other companies and non-business signatories globally committed to taking responsible business action to create a better world.

President and Chief Executive Officer of INNIO, Carlos Lange said: “As part of the Global Compact, we are now positioned with our corporate neighbours to advance broader societal goals, such as the UN Sustainable Development Goals, through collaboration and innovation. Together, we can push further and faster to effectively address the world’s most pressing challenges.”

As part of its relentless pursuit to achieve a climate-neutral, greener and more secure energy future, INNIO established its Sustainability Review Board (SRB), tasked with developing INNIO’s ESG goals and strategy for its Jenbacher and Waukesha businesses in close alignment with INNIO’s growth strategy.

In an act to cement its commitment to sustainability, INNIO leadership – in conjunction with its SRB – moved swiftly to become a participant of the Global Compact.

INNIO recognised the Global Initiative as being a beacon platform bringing together companies and non-business signatories everywhere to align their operations and strategies with 10 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 composed of more than 9,500 companies and 3,000 non-business signatories based in over 160 countries, and more than 70 Local Networks.

INNIO recently took a bold step in advancing sustainability in the power industry to build the first industrial scale hydrogen-fuelled power plant.

More details at www.innio.com.

-- BERNAMA