Sustainability

Sustainability is Cell Impact’s raison d’être

Cell Impact’s mission is to revolutionize the global energy system and combat the climate change that threatens the planet. With its environmentally friendly and scalable technology, Cell Impact offers the hydrogen society solutions to the significant challenges related to producing flow plates on a large scale.

Cell Impact’s flow plates are attractive to manufacturers of electrolyzers and fuel cells. When the electrolysis process is powered by electricity from renewable sources, the result is sustainable, green hydrogen with a very low climate impact. Green hydrogen is an energy source that can be used in fuel cells where the energy in the hydrogen is extracted and the only emission is water vapor.

By developing and manufacturing flow plates for fuel cells and electrolyzers, Cell Impact is contributing to the green transition. Thus, the single largest and most effective sustainability investment we can make is to bring our technology to market and enable sustainable mass production of fuel cells. This has a positive climate impact on a large scale.

For Cell Impact, sustainability also includes how the company does business and reduces its own climate impact. Cell Impact views sustainable business practices as a moral obligation and the company is convinced that they are also necessary to ensure a sustainable future for the company, its stakeholders and society at large. Cell Impact’s sustainability initiatives should have a positive impact on the company’s competitiveness and contribute to long-term sustainable economic growth.

This is why sustainability also involves how the business ensures long-term delivery capability. For Cell Impact, it means that the company shall strive to be an attractive employer for existing and potential employees and ensure the efficient use of both human and natural resources. Cell Impact aims to offer a sustainable work environment that fosters well-being, satisfaction and development.

Cell Impact’s opportunities to achieve stable long-term growth in a somewhat immature and rapidly-evolving industry depend on its ability to quickly adapt skills to market needs, remain curious and innovative and be easy to do business with. This requires an open and safe culture with diverse people and backgrounds. Constantly developing people and the business is crucial for Cell Impact to dare to challenge and be challenged.

2023 was the first year that we communicated our environmental, social and governance (ESG) sustainability efforts in our financial reporting. At that time, we took a basic approach to sustainability , with the clear purpose of developing our work gradually over time. This has been accomplished, and with this year’s sustainability section we are now taking the next step, including increased transparency and a clearer ESG structure.

Cell Impact’s products and high-tech manufacturing processes provide solutions to the planet’s greatest climate challenge: to reduce the world’s dependence on fossil fuels. Sustainability is therefore the company’s raison d’être and the foundation of Cell Impact’s mission and offering.

Stakeholder dialogue

Cell Impact maintains an ongoing dialogue with the company’s two main stakeholder groups, customers and employees, to better understand which sustainability matters these stakeholder groups consider important and to adapt its operations accordingly. These conversations take place in different situations and channels, to differing extents. In some cases, the dialogue is structured, formal and documented, while in other cases it is conducted more informally as part of other communications. The company’s stakeholder analysis is updated as new stakeholder needs are identified.

For our customers, who are also active in the green sector, it is important that Cell Impact can show that our business is conducted with proper business ethics and a focus on sustainability throughout the ESG area. Evaluations, such as the one carried out by EcoVadis, build trust and are therefore an important part of Cell Impact’s customer offering and communication.

Company employees have different requirements and preferences. In this case, the emphasis is on a safe and stimulating working environment, good internal communication, a sense of community and psychological security, fair wages and job security. In recent years, we have been that it is becoming increasingly important for employees to be able to identify with the company’s purpose and vision linked to environmental and sustainability matters.