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Stock impact report

Ormat Releases 2023 Sustainability Report [Yahoo! Finance]

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: Yahoo! Finance
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 development projects around the world. Doran Blachar, Chief Executive Officer of Ormat Technologies, stated, “Our 2023 Sustainability R Show less Read more
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