💥Fed cuts sparks mid cap boom! ProPicks AI scores with 4 stocks +23% each. Get October’s update first.Pick Stocks with AI

Frontier Energy embarks on sustainability journey with new ESG initiatives

Published 19/01/2023, 09:10 am
© Reuters.  Frontier Energy embarks on sustainability journey with new ESG initiatives

Frontier Energy Ltd (ASX:FHE) has set a series of sustainability and environmental, social and governance (ESG) initiatives in motion, laying the foundation to develop its green hydrogen project.

The green hydrogen player kicked off the program with a number of sustainability targets, all of which feed into its near-term goal to release its inaugural sustainability report later this year.

Frontier has also set its sustainability mandate: “We care for our community, environment and all stakeholders by delivering safe, reliable and sustainable clean energy solutions”.

New recruits

FHE’s first sustainability paper will report against global standards like the United Nations Sustainable Development Goals and the GRI Standards.

To keep these initiatives in play, the company has formed a sustainability committee and elected non-executive director Amanda Reid as chair.

Other committee members include non-executive director Dixie Marshall and managing director Sam Lee Mohan.

On the ground floor, Amy Sullivan has been deployed as Frontier’s ESG manager. She’ll oversee day-to-day operations and execute directives from the committee.

Sullivan brings 20 years of environmental, approvals, community engagement and sustainability experience to the new role.

“Sustainability is a responsibility”

Commenting on Frontier’s sustainability journey, ESG chair Reid said: “The establishment of the sustainability committee, appointment of an ESG manager and development of the company’s inaugural sustainability report this year strongly reflect Frontier’s sustainable and ethical best practice approach to everything we do.

“As a clean energy solution company, how we look after our community and the environment is at the forefront of all of our decisions.

“It is a responsibility we want to ensure we deliver consistently.”

Read more on Proactive Investors AU

Disclaimer

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.