Fluence Energy, Inc..
FLNC.US | Manufacture of electric motors, generators, transformers and electricity distribution and control apparatus
Fluence Energy, Inc. is a global provider of energy storage products and services, and optimization software for renewables and storage. The company offers energy storage solutions, including battery-based energy storage systems, and software platforms for managing and optimizing energy storage and ...Show More
Better Health for All
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No evidence available to assess Fluence Energy, Inc. on Better Health for All.
Fair Money & Economic Opportunity
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No evidence available to assess Fluence Energy, Inc. on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
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No evidence available to assess Fluence Energy, Inc. on Fair Pay & Worker Respect.
Fair Trade & Ethical Sourcing
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No evidence available to assess Fluence Energy, Inc. on Fair Trade & Ethical Sourcing.
Honest & Fair Business
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The provided articles do not contain specific, concrete data points for any of the KPIs related to Honest & Fair Business. While a Supplier Code of Conduct is mentioned, it pertains to business partners and third-party intermediaries, not directly to Fluence Energy's internal anti-corruption policy or its enforcement for its own operations.
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Lawsuits alleging fraud and misrepresentations are noted, but no regulatory fines or penalties have been reported as levied or settled.
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Consequently, no KPIs can be scored based on the available evidence.
Kind to Animals
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Fluence Energy, Inc. is a provider of energy storage products and services. The provided articles do not contain any specific, measurable data points related to animal welfare, animal testing, animal-derived ingredients, or humane certifications for animal operations. While the company mentions general responsible sourcing, biodiversity impact policies, and alignment with international sustainability frameworks, these do not provide the concrete, quantifiable evidence required for any of the 'Kind to Animals' KPIs.
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Therefore, no KPIs can be scored based on the evidence provided.
No War, No Weapons
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No evidence available to assess Fluence Energy, Inc. on No War, No Weapons.
Planet-Friendly Business
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Fluence Energy's total Scope 1, 2, and 3 greenhouse gas emissions for fiscal year 2024 were 694,074 tCO2e, an increase from 546,426 tCO2e in fiscal year 2023.
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The company has not yet established SBTi-aligned targets, with plans to develop them between 2026 and 2028.
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The Erlangen, Germany facility transitioned to 100% renewable electricity as of January 1, 2024, but no company-wide percentage is provided.
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The Irvine, California co-working space is LEED Gold and WELL Building certified, and other facilities have various certifications, but a company-wide percentage is not available.
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Waste data collection began in April 2023, with specific project sites reporting landfill-bound waste and some recycling, but a company-wide diversion rate is not provided.
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The company is currently conducting a product life cycle assessment, with results expected in the fiscal year 2025 Sustainability Report.
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Fluence engaged with 30 suppliers to obtain their CDP reports in FY23 and assessed 844 suppliers as part of a responsible sourcing framework in FY24.
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The company has a wildlife management policy and develops invasive plant species management plans where recommended.
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Fluence completed its first climate risk assessment and published its first TCFD report.
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The company attempted to qualitatively evaluate climate-related risks and opportunities against two IPCC scenarios.
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Respect for Cultures & Communities
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No specific, quantitative evidence was found in the provided articles to assess Fluence Energy, Inc. against any of the KPIs for "Respect for Cultures & Communities." The articles discuss manufacturing expansion
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, project deployment
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, and general environmental policy
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, but do not provide data on formal partnerships with indigenous groups, revenue reinvested in local communities, cultural impact assessments, local employment ratios, or other community-specific metrics.
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Safe & Smart Tech
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No evidence available to assess Fluence Energy, Inc. on Safe & Smart Tech.
Zero Waste & Sustainable Products
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Fluence's Waste Management policy, which promotes landfill diversion, evolved in 2023 to incorporate data collection.
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From April to September 2023, the Pennsylvania Systems Test Lab achieved a 36.91% waste diversion rate, while the Arizona Project Site achieved a 12.98% waste diversion rate.
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The company is developing a Circular Economy Framework to guide product design, operations, and recycling, and is incorporating circular design principles into some product lines.
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Fluence has implemented a Material Recycling Framework, mandating battery recycling through partnerships with North American and European lithium battery recycling companies.
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The company collects waste data from Fluence-managed project sites in the Americas and its Pennsylvania Systems Test Lab, with plans to roll out this data collection globally in 2024.
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Waste data collected includes hazardous/universal waste, and Fluence has a Spill Prevention and Response Planning policy.
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The company has not reported any waste disposal violations in the past three years.
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Fluence has vague waste reduction goals without specific targets or deadlines.
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Its responsible sourcing program, which assessed 844 suppliers in FY2024, aims for circular economy strategies and waste reduction.
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Fluence also launched an 'Always-On' operating model designed to engage and educate customers on the environmental and social impact of their choices.
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