Climate Change Data

Environmental Metrics

ESG Focus Areas

• Energy Efficiency
• Sustainability
• Renewable Energy Integration

Environmental Achievements

• Developing high energy efficiency micro-turbines reducing reliance on traditional energy sources.

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Aging electricity grid
• Complex integration of renewable energies into urban centers
• Rising demand for electricity due to global warming and electric vehicles

Mitigation Strategies

• Developing multi-fuel micro-turbines for self-sustained electricity and heat production

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Growing demand for energy-efficient solutions

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• SDG 7 (Affordable and Clean Energy)
• SDG 9 (Industry, Innovation and Infrastructure)
• SDG 13 (Climate Action)

TurboGen's micro-turbines contribute to these goals by providing efficient and sustainable energy solutions, reducing reliance on fossil fuels, and supporting the integration of renewable energy sources.

Sustainable Products & Innovation

• Multi-fuel micro-turbines

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Climate Change
• Sustainability

Environmental Achievements

• Potential for up to 20% reduction in energy costs, enabling significant cost savings and reduced carbon emissions through the use of hydrogen fuel (projected 50% hydrogen use in the near future, 100% by 2025).

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• US power grids are struggling to meet the massive demand for energy, leading to frequent and prolonged power outages.
• The climate crisis is putting additional strain on the grid.
• The demand for electricity for electric vehicles is growing exponentially, outpacing investments in grid infrastructure.

Mitigation Strategies

• Development of a microturbine for local power supply and an energy management system (EMS) to ensure continuous supply of electricity, heat, and cooling.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events impacting power grids

Transition Risks

• Regulatory changes, market shifts

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Goal 7 (Affordable and Clean Energy)
• Goal 13 (Climate Action)

The company's microturbine technology contributes to these goals by providing a reliable and sustainable energy solution that reduces reliance on fossil fuels and minimizes greenhouse gas emissions.

Sustainable Products & Innovation

• Microturbine technology using hydrogen fuel

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced natural gas consumption by 20-30% in a case study (St. James' Tower), resulting in a tremendous reduction in carbon emissions.
• Hydrogen-ready technology: aiming for 50% zero emissions by 2023 and 100% by 2025.

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Blackouts in the US in 2023.
• Increase in power outage frequency over the past decade.
• US national grid unable to meet rising power demand.
• 11 million+ EVs projected on US roads by 2035.
• High energy costs.
• Insufficient grid capabilities.
• Power outages.
• EV charging needs.
• Decarbonization requirements.
• Energy efficiency challenges in buildings.

Mitigation Strategies

• On-site micro-grid energy generation and storage solutions (Turbogen's CHP systems).
• Building Energy Management System (BEMS) for smart cost optimization.

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

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Decarbonization
• Energy Efficiency
• Environmental Compliance

Environmental Achievements

• Zero Carbon Emission (on Hydrogen)
• Low emission – reduction of fines

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Insufficient grid capacity
• Power Outages
• High Energy Cost
• EV Charging

Mitigation Strategies

• Turbogen Micro-Turbine CHP systems providing on-site energy production, storage, and management

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

• Goal 7 (Affordable and Clean Energy)
• Goal 13 (Climate Action)

Turbogen's micro-turbine CHP systems contribute to these goals through reduced reliance on the grid, lower emissions, and enabling the use of hydrogen fuel.

Sustainable Products & Innovation

• Multifuel Micro_turbine for local production of Electricity & Heat
• Integrated technologies for Distributed Power on-site Production , Storage & Managmnet

Awards & Recognition

• Not disclosed