SAN LEANDRO, CA / ACCESSWIRE / September 13, 2022 / Energy Recovery, Inc. (NASDAQ:ERII), a premier energy recovery device manufacturer, released its annual Environmental, Social, and Governance (ESG) report this week, underscoring the strong connection between the company's business goals and its sustainability efforts. This ESG report also showcases the company's commitment to transparency, offering a comprehensive look at progress against its ESG goals.
Energy Recovery uses its PX technology to reduce energy costs and emissions in critical industries such as desalination, industrial wastewater treatment, and CO2 refrigeration. The report features examples of customers' use of PX technology in various industries, illustrating how PX-based products can help customers adapt to increasingly stringent global environmental regulations while reducing costs.
"By lowering energy consumption for our customers, we've been making sustainability affordable since our company's inception 30 years ago. Even though we're pleased with our progress to date, we are always looking to improve and are confident in our ability to continue delivering transformational products that improve sustainability and lower costs. Our ESG goals are designed to help us deliver on this vision and are aligned with strategic imperatives for our business, including fostering innovation, workforce development, and reducing climate impacts," said Robert Mao, Chairman of the Board, President, and Chief Executive Officer of Energy Recovery.
Energy Recovery's recent entry into the CO2 refrigeration industry demonstrates the company's focus on enabling sustainable transformation in critical industries. Mr. Mao adds: "The ongoing global transition from climate-damaging hydrofluorocarbon (HFC) refrigerants to sustainable CO2 refrigeration benefits the environment, but it is more expensive to operate. We help to reduce the higher energy consumption and operating costs associated with CO2 refrigeration, making the sustainable choice much easier."
Other takeaways from the report include:
To read the full report, visit https://bit.ly/ESG_EnergyRecovery.
To learn more about Energy Recovery, visit their website at https://energyrecovery.com/.
About Energy Recovery
Energy Recovery (NASDAQ:ERII) creates technologies that solve complex challenges for commercial and industrial fluid-flow markets worldwide. Building on our innovative pressure exchanger technology platform, we design and manufacture solutions that make commercial and industrial processes more efficient and sustainable. What began as a game-changing invention for desalination has grown into a global business accelerating the environmental sustainability of customers' operations in multiple industries. Headquartered in the San Francisco Bay Area, Energy Recovery has manufacturing, research, and development facilities across California and Texas with sales and on-site technical support available globally. To learn more, visit https://energyrecovery.com/.
SOURCE: Energy Recovery
09/13/2022 EQS Newswire / EQS Group AG