Brenmiller Issues ESG Report
October 23 2023 - 7:00AM
Business Wire
Company’s goal remains unwavering—to offer a
smart, cost-efficient, and sustainable thermal energy storage
solution, a cornerstone in the journey to decarbonizing power and
heat production
Brenmiller Energy Ltd. ("Brenmiller", "Brenmiller Energy” or the
“Company”) (Nasdaq: BNRG), a global leader in thermal energy
storage (“TES”), today published its annual Environmental, Social,
and Governance (“ESG”) report, which outlines how the Company is
accelerating the global transition to a more sustainable future.
The full ESG report is available: HERE
“We are pleased to share our annual ESG report as we envision
Brenmiller Energy standing tall as a global leader in thermal
energy storage solutions, recognizing that our purpose surpasses
conventional business objectives,” stated Brenmiller’s Chairman and
CEO, Avi Brenmiller. “In our rapidly changing world, the necessity
for on-demand, sustainably sourced heat generation is more vital
than ever. My three-decade experience in the renewable energy
sector has solidified my belief that thermal energy storage is
pivotal to harnessing the immense capabilities of renewable
resources. With our thermal energy storage, we can bridge gaps to
ensure consistent heat even when natural sources of power are
intermittent, thus facilitating opportunities for the industrial
and power sectors in their pivot to renewables. We thank all our
stakeholders, especially our shareholders for joining us in this
mission.”
Brenmiller’s ESG report underscores its unwavering commitment as
it intensifies the incorporation of ESG principles throughout its
operations. From thoughtful selection of materials and equipment to
the meticulousness of its manufacturing methods and stringent
safety measures at its project sites, Brenmiller’s dedication to
ESG remains unyielding.
Key takeaways from the Company’s ESG report include:
- Brenmiller Energy implements various strategies in its
production processes to minimize its own carbon footprint, aiming
to create a positive environmental impact not just for its
customers, but throughout its operations.
- The new automated production line for bGen™ and bGen ZERO TES
systems at Brenmiller’s gigafactory is expected to significantly
reduce the facility's carbon footprint by a factor of 3, when in
full production, compared to the previous manual production
line.
- Brenmiller Energy aligns with and addresses 7 of the United
Nations' Sustainable Development Goals (SDGs).
- The Company has presented a comprehensive multi-year plan, from
2023 through 2026, to address Environmental (E), Social (S), and
Governance (G) aspects, accompanied by detailed management and
audit committee goals.
About Brenmiller Energy Ltd.
Brenmiller Energy delivers scalable thermal energy storage
solutions and services that allow customers to cost-effectively
decarbonize their operations. Its patented bGen thermal storage
technology enables the use of renewable energy resources, as well
as waste heat, to heat crushed rocks to very high temperatures.
They can then store this heat for minutes, hours, or even days
before using it for industrial and power generation processes. With
bGen, organizations have a way to use electricity, biomass and
waste heat to generate the clean steam, hot water and hot air they
need to mold plastic, process food and beverages, produce paper,
manufacture chemicals and pharmaceuticals or drive steam turbines
without burning fossil fuels. For more information visit the
company’s website at https://bren-energy.com/ and follow the
company on X (formerly Twitter) and LinkedIn.
Forward-Looking Statements
This press release contains “forward-looking statements” within
the meaning of the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995 and other federal and Israeli
securities laws. Statements that are not statements of historical
fact may be deemed to be forward-looking statements. For example,
the Company is using forward-looking statements in this press
release when it discusses: the Company’s goal to offer a smart,
cost-efficient, and sustainable thermal energy storage solution, a
cornerstone in the journey to decarbonizing power and heat
production; the Company is accelerating the global transition to a
more sustainable future;; the Company’s aim to create a positive
environmental impact not just for its customers, but throughout its
operations; and the new automated production line for bGen™ and
bGen ZERO TES systems at the Company’s gigafactory is expected to
significantly reduce the facility's carbon footprint by a factor of
3, when in full production, compared to the previous manual
production line. Without limiting the generality of the foregoing,
words such as “plan,” “project,” “potential,” “seek,” “may,”
“will,” “expect,” “believe,” “anticipate,” “intend,” “could,”
“estimate” or “continue” are intended to identify forward-looking
statements. Readers are cautioned that certain important factors
may affect the Company’s actual results and could cause such
results to differ materially from any forward-looking statements
that may be made in this press release. Factors that may affect the
Company’s results include, but are not limited to, the Company’s
planned level of revenues and capital expenditures, the demand for
and market acceptance of our products, impact of competitive
products and prices, product development, commercialization or
technological difficulties, the success or failure of negotiations
and trade, legal, social and economic risks and the risks
associated with the adequacy of existing cash resources. The
forward-looking statements contained or implied in this press
release are subject to other risks and uncertainties, many of which
are beyond the control of the Company, including those set forth in
the Risk Factors section of the Company’s Annual Report on Form
20-F for the year ended December 31, 2022 filed with the SEC on
March 21, 2023, which is available on the SEC’s website,
www.sec.gov. The Company undertakes no obligation to update these
statements for revisions or changes after the date of this release,
except as required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20231023382694/en/
Media: Tori Bentkover
brenmillerenergy@antennagroup.com
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