Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate change
• Environmental impact reduction
• Decarbonization

Environmental Achievements

• Received an order for basic engineering and building permit process from Philip Morris International for two projects to replace gas-fired steam production with a storage-based biomass system (40 MWh total expected capacity)
• Received grants from the EU Modernization Fund amounting to approx. USD 7 million for 2 projects in Hungary

Social Achievements

• Not disclosed

Governance Achievements

• Raised USD 15 million in capital through private placement with 4 investment firms

Climate Goals & Targets

Environmental Challenges

• Negotiations with ENSO Global Solutions Ltd. terminated
• Gmool Energy 1 (1998) Ltd. failed to complete financing for the Rotem 1 project

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• bGen™ Thermal Energy Storage System

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Climate Change
• Social
• Governance

Environmental Achievements

• Reduced operational energy consumption from 22,208 GJ in 2021 to a projected 7,920 GJ by the end of 2023 (three-fold reduction in operational emissions).
• Inaugurated the world's first thermal energy storage (TES) gigafactory in Dimona, Israel.
• Implemented a cutting-edge dust collection system in the factory, recycling dust back into the production stream.

Social Achievements

• 100% of employees underwent comprehensive training on key regulatory topics.
• No reported safety incidents in 2022 at the factory.
• 96% of employees passed an annual employee assessment in 2022.

Governance Achievements

• Implemented stringent procedures to address and prevent business malpractices such as bribery, corruption, and fraud.
• Established a Code of Ethics and Business Conduct applicable to all directors and employees.
• Maintains an Audit Committee and a Compensation Committee.

Climate Goals & Targets

Environmental Challenges

• Dust produced from the movement of crushed rocks.
• Underrepresentation of women in the engineering industry in Israel.

Mitigation Strategies

• Integrated a cutting-edge dust collection system in the factory.
• Proactively striving to improve gender diversity through targeted recruitment initiatives.

Supply Chain Management

Climate-Related Risks & Opportunities

UN Sustainable Development Goals

• 7
• 8
• 9
• 11
• 12
• 13
• 17

Brenmiller Energy's business activity helps achieve these UN Sustainable Development Goals.

Sustainable Products & Innovation

• bGen™
• bGen™ ZERO

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced operational energy consumption from 22,208 GJ to a projected 7,920 GJ (after factory upgrades).
• Reduced operational greenhouse gas emissions from 3,068 tons CO2 to 1,094 tons CO2 (after factory upgrades).
• Inaugurated the world's first TES gigafactory in Dimona, Israel.

Social Achievements

• Implemented comprehensive employee training programs (averaging 24 hours per manufacturing employee in 2023).
• Maintained a strong commitment to community support through various initiatives.
• Achieved 100% management and 96% employee participation in annual performance and feedback assessments.

Governance Achievements

• Implemented stringent procedures to address and prevent business malpractices (insider trading policy, Code of Ethics and Business Conduct).
• Established a comprehensive risk management program overseen by a Vice President and the Board.
• Maintained two specialized committees: an audit committee and a compensation committee.

Climate Goals & Targets

Environmental Challenges

• Dust produced from the movement of crushed rocks in the production process.
• Geopolitical landscape causing shifts in the supply chain.
• Underrepresentation of women in the engineering industry in Israel.

Mitigation Strategies

• Integrated a cutting-edge dust collection system that recycles dust back into the production stream.
• Proactively adjusting to supply chain changes and establishing clear environmental improvement targets with suppliers.
• Proactively striving to improve gender diversity through targeted recruitment initiatives.

Supply Chain Management

Responsible Procurement

• Working closely with suppliers to establish clear environmental improvement targets.

Climate-Related Risks & Opportunities

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: TCFD

Certifications: ISO 45001:2018

UN Sustainable Development Goals

• Goal 7
• Goal 8
• Goal 9
• Goal 11
• Goal 12
• Goal 13
• Goal 17

Brenmiller Energy's business activities contribute to these goals through its sustainable thermal energy storage solutions and commitment to responsible practices.

Sustainable Products & Innovation

• bGen and bGen ZERO thermal energy storage systems