Powerhouse Energy Group PLC Powerhouse Energy establishes ESG Committee
30 Diciembre 2020 - 01:00AM
RNS Non-Regulatory
TIDMPHE
Powerhouse Energy Group PLC
30 December 2020
Powerhouse Energy Group plc
REACH
30 December 2020
POWERHOUSE ENERGY ESTABLISHES AN ENVIRONMENTAL SOCIAL AND
GOVERNANCE COMMITTEE
Powerhouse Energy Group plc (AIM: PHE) ("Powerhouse" or the
"Company"), the sustainable hydrogen company pioneering hydrogen
production from waste plastic, is pleased to announce the
establishment of an Environmental Social and Governance Committee
(ESG).
The ESG Committee met for the first time yesterday with an aim
to integrate sustainability best practice into all decision-making
and support the board in developing their technology that could
help to accelerate the UK's clean energy transition.
The ESG Committee will ensure that Powerhouse promotes
achievement of the UN Sustainable Development Goals throughout its
business. The ESG Committee will scrutinise particularly closely
the greenhouse gas emissions caused by Powerhouse's own activities
as well as those of its suppliers and customers with the aim of
achieving continuous improvement in performance.
The ESG Committee is chaired by Non-Executive Director, Kirsty
Gogan who has more than 15 years' experience as a senior advisor to
Government on climate and energy policy and is co-founder of Energy
for Humanity (EFH), an environmental NGO focused on large scale
deep decarbonisation.
Members of the ESG Committee include Powerhouse Chairman, Tim
Yeo who brings his experience as Chair of the Getlink SE Corporate
Social Responsibility and Ethics Committee, Mark Berry, independent
non-executive director and current Powerhouse Chief Executive, Dave
Ryan.
Chair of Powerhouse's ESG Committee, Kirsty Gogan, said: "The
creation of this Committee shows Powerhouse's commitment to
ensuring a sustainable and ethical best practice in all its work.
As a business which is helping accelerate the clean energy
transition, the welfare of our environment and the impact of
climate change are issues the business is heavily engaged with and
hope to support. Powerhouse technology aims to work at a local
level, therefore engaging with communities will be a vital part of
this Committee's work. The Committee members bring an array of
expertise which will benefit the Company in ensuring sustainable
best practice."
ENDS
For more information, contact:
Powerhouse Energy Group plc Tel: +44 (0) 203
368 6399
T im Yeo, Executive Chairman
WH Ireland Limited (Nominated Tel: +44 (0) 207
Adviser) 220 1666
James Joyce / Lydia Zychowska
Turner Pope Investments Ltd Tel: +44 (0) 203
(Joint Broker) 657 0050
Andrew Thacker
SisterSmith PR (media enquiries) Mob: + 44 (0) 7766522305
Becca Smith
Notes for editors:
About Powerhouse Energy Group plc
Powerhouse, the sustainable hydrogen company, has developed a
proprietary process technology - DMG(R) - which can utilise waste
plastic, end-of-life-tyres, and other waste streams to efficiently
and economically convert them into syngas from which valuable
products such as chemical precursors, hydrogen, electricity and
other industrial products may be derived. Powerhouse's technology
is one of the world's first proven, distributed, modular, hydrogen
from waste (HfW) process.
The Powerhouse DMG(R) process can generate up to 2 tonnes of
road-fuel quality hydrogen and more than 58MWh of exportable
electricity per day.
Powerhouse's process produces low levels of safe residues and
requires a small operating footprint, making it suitable for
deployment at enterprise and community level. As announced on 11th
February 2020 under its Supplemental Agreement with Peel
Environmental, Powerhouse will receive an annual license fee of
GBP500,000 in respect of each project which is commissioned.
Powerhouse is quoted on the London Stock Exchange's AIM Market
under the ticker: PHE and is incorporated in the United
Kingdom.
For more information see www.powerhouseenergy.net
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END
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