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Stock impact report

Ormat Releases 2023 Sustainability Report

Ormat Technologies, Inc. (ORA) 
Last ormat technologies, inc. earnings: 2/25 04:30 pm Check Earnings Report
US:NYSE Investor Relations: investor.ormat.com
Company Research Source: GlobeNewswire
RENO, Nev., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA), a leading renewable energy company, today announced the release of its annual Sustainability Report, providing an overview of the Company’s environmental, social, and governance (ESG) performance in 2023. Key achievements highlighted in the 2023 report include: Avoided Emissions: The Company’s operating portfolio avoided a net of 2,212,508 metric tons of CO2e compared to local electricity grids.ESG Board Committee: Established a committee dedicated to overseeing and guiding the Board on ESG-related matters.GHG Emissions Reduction: Met our target of a 5% annual reduction in Scope 1 and 2 GHG emissions intensity and achieved a 28% intensity reduction compared to the 2019 baseline, as well as a 17% absolute reduction.Scope 3 Emissions Mapping: Undertook a comprehensive mapping process of Scope 3 emissions across our value chain.Community Support: Donated $1.3 million to support sustainable community de Show less Read more
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