EnerSys (NYSE: ENS), the global leader in stored energy
solutions for industrial applications, has been awarded the Better
Project Award from the U.S. Department of Energy (DOE) Better
Plants Program for implementation of the Sovema Cold Cube cutting
system. This award is the second award that EnerSys has received in
two years from the DOE, underscoring the company’s commitment to
sustainability, energy efficiency, and innovation within the
manufacturing industry.
As a member of the Better Plants Program since 2021, EnerSys has
continuously strived to enhance energy productivity, setting
ambitious commitments with the Department of Energy to improve
energy intensity by 25% by 2031.
The Sovema Cold Cube cutting system is a revolutionary
advancement in lead battery manufacturing, eliminating the need for
traditional energy-intensive lead heating, melting, and cooling
processes. Instead, this innovative system utilizes a cold process
to trim lead into cubes of necessary thickness directly from its
solid state. By replacing the conventional gas fire process,
EnerSys has significantly enhanced its sustainability efforts,
simultaneously improving energy intensity and water intensity while
prioritizing the safety and health of its employees.
Key benefits of the Cold Cube cutting system include:
- Reduction in Embedded Scope 1 Carbon Emissions: EnerSys
has achieved a substantial reduction of approximately 0.5 kilograms
CO2e per battery produced, equating to a ~20% decrease in embedded
Scope 1 emissions per battery.
- Enhanced Worker Safety: The new process significantly
reduces workers' exposure to lead in the work environment,
mitigating potential health risks associated with traditional
manufacturing methods.
- Water Conservation: EnerSys saves approximately 495,000
gallons of water per year at each site that uses the Cold Cube
cutting system by eliminating the need for water cooling in the
cube production process, contributing to water conservation
efforts.
- Environmental Impact: By eliminating the need for
exhaust ventilation to remove lead fumes and the lead recovery
process, EnerSys has reduced permitted environmental lead emissions
to the atmosphere, while also decreasing lead waste by
approximately 20,000 kilograms per year and saving approximately
$15,000 annually.
Furthermore, the Cold Cube cutting system is replicable and
being implemented at other EnerSys manufacturing facilities,
extending its positive impact beyond its initial deployment.
Patrice Baumann, Chief Integrated Supply Chain Officer at
EnerSys, commented, "Receiving the Department of Energy's Better
Project Award is a testament to our commitment to innovation and
sustainability. The Cold Cube cutting system exemplifies our
dedication to pushing the boundaries of what's possible in
energy-efficient manufacturing while prioritizing the safety and
well-being of our employees."
EnerSys remains steadfast in its mission to drive sustainable
change within the industry, and the Cold Cube cutting system stands
as a shining example of its ongoing efforts to lead by example and
create a better, more sustainable future.
About EnerSys
EnerSys is the global leader in stored energy solutions for
industrial applications and designs, manufactures and distributes
energy systems solutions and motive power batteries, specialty
batteries, battery chargers, power equipment, battery accessories
and outdoor equipment enclosure solutions to customers worldwide.
The company goes to market through four lines of business: Energy
Systems, Motive Power, Specialty and New Ventures. Energy Systems,
which combine power conversion, power distribution, energy storage,
and enclosures, are used in the telecommunication, broadband and
utility industries, uninterruptible power supplies, and numerous
applications requiring stored energy solutions. Motive power
batteries and chargers are utilized in electric forklift trucks and
other industrial electric powered vehicles. Specialty batteries are
used in aerospace and defense applications, large over-the-road
trucks, premium automotive, medical and security systems
applications. New Ventures provides energy storage and management
systems for various applications including demand charge reduction,
utility back-up power, and dynamic fast charging for electric
vehicles. EnerSys also provides aftermarket and customer support
services to its customers in over 100 countries through its sales
and manufacturing locations around the world. More information
regarding EnerSys can be found at www.enersys.com.
Sustainability
Sustainability at EnerSys is about more than just the benefits
and impacts of our products. Our commitment to sustainability
encompasses many important environmental, social and governance
issues. Sustainability is a fundamental part of how we manage our
own operations. Minimizing our environmental footprint is a
priority. Sustainability is our commitment to our employees, our
customers and the communities we serve. Our products facilitate
positive environmental, social and economic impacts around the
world. To learn more visit:
https://www.enersys.com/en/about-us/sustainability/.
Caution Concerning Forward-Looking Statements
This press release, and oral statements made regarding the
subjects of this release, contains forward-looking statements,
within the meaning of the Private Securities Litigation Reform Act
of 1995, or the Reform Act, which may include, but are not limited
to, statements regarding EnerSys’ projections, plans, objectives,
expectations and intentions to reduce emissions and emissions
intensity, ability to influence, control and change the
environmental impact of its business activities, the development of
future technologies, business plans, and other statements contained
in this press release that are not historical facts, including
statements identified by words such as “believe,” “plan,” “seek,”
“expect,” “intend,” “estimate,” “anticipate,” “will,” and similar
expressions. All statements addressing operating performance,
events, or developments that EnerSys expects or anticipates will
occur in the future, including statements relating to the Company’s
goals of achieving Scope 1 greenhouse gas neutrality by 2040 and
Scope 2 neutrality by 2050 and ability to influence emissions
related to its activities, as well as statements expressing
optimism or pessimism about such plans are forward-looking
statements within the meaning of the Reform Act. The
forward-looking statements are based on management's current views
and assumptions regarding future events and operating performance,
and are inherently subject to significant business, economic, and
competitive uncertainties and contingencies and changes in
circumstances, many of which are beyond the Company’s control. The
statements in this press release are made as of the date of this
press release, even if subsequently made available by EnerSys on
its website or otherwise. EnerSys does not undertake any obligation
to update or revise these statements to reflect events or
circumstances occurring after the date of this press release.
Although EnerSys does not make forward-looking statements unless
it believes it has a reasonable basis for doing so, EnerSys cannot
guarantee their accuracy. The foregoing factors, among others,
could cause actual results to differ materially from those
described in these forward-looking statements. For a list of other
factors which could affect EnerSys’ results, including earnings
estimates, see EnerSys’ filings with the Securities and Exchange
Commission, including “Item 7. Management's Discussion and Analysis
of Financial Condition and Results of Operations,” and
“Forward-Looking Statements,” set forth in EnerSys’ Annual Report
on Form 10-K for the fiscal year ended March 31, 2023. No undue
reliance should be placed on any forward-looking statements.
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version on businesswire.com: https://www.businesswire.com/news/home/20240404424982/en/
Lisa Hartman Vice President, Investor Relations and
Corporate Communications EnerSys 610-236-4040 E-mail:
investorrelations@enersys.com
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