UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form
6-K
REPORT OF FOREIGN PRIVATE
ISSUER PURSUANT
TO RULE 13a-16 OR 15d-16 UNDER THE
SECURITIES EXCHANGE ACT OF 1934
For the month of June 2023
Commission File Number: 001-34152
Westport
Fuel Systems Inc.
(Translation of registrant's name into English)
1691 West 75th Avenue, Vancouver,
British Columbia, Canada, V6P 6P2
(Address of principal executive office)
Indicate by check mark whether the registrant files
or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☐ Form 40-F ☒
On June 29, 2023, the Registrant issued a press release,
a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Exhibit 99.1 - Press release dated June 29, 2023
SIGNATURES
Pursuant to the requirements of the Securities Exchange
Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
|
|
Westport Fuel Systems Inc. |
|
|
(Registrant) |
|
|
|
|
|
|
Date: June 29, 2023 |
|
/s/ William Larkin |
|
|
William Larkin |
|
|
Chief Financial Officer |
|
|
|
Exhibit 99.1
Westport Releases
2022 ESG Report
VANCOUVER, BC, June
29, 2023 /CNW/ - Westport Fuel Systems Inc. ("Westport" or the "Company") (TSX: WPRT) (NASDAQ: WPRT), a global leader
in low-emissions alternative fuel transportation technologies, announces the release of its 2022 Environmental, Social and Governance
("ESG") report (the "2022 ESG Report"). The 2022 ESG Report outlines the Company's accomplishments
within its core ESG-based areas of focus including:
- carbon footprint,
- operational health and safety,
- diversity, equity and inclusion,
- responsible sourcing,
- human rights, and
- ESG governance.
Since inception Westport
has focused on clean, affordable transportation solutions, and therefore the Company's goals and strategies are inherently aligned with
today's ESG-related risks and opportunities. To positively impact its global customers, Westport has strengthened its governance practices
and management processes, advanced stakeholder engagement, and is working towards strengthening supply chain resilience and due diligence.
"The release of
our 2022 ESG Report is a testament to our commitment to creating sustainable value for all our stakeholders. It reflects our deep understanding
that success lies not only in financial gains, but also in fostering environmental stewardship, promoting social responsibility, and
driving strong governance. While we celebrate our progress, we recognize the work that lies ahead," said David M. Johnson, chief
executive officer of Westport.
"The challenges
we face as a global community demand our unwavering dedication to continuous improvement. Our 2022 ESG Report serves as a compass, pointing
us towards areas where we can further enhance our impact and drive positive change. It highlights the initiatives we are undertaking
to address critical issues and reinforces our commitment to operating ethically, minimizing our environmental footprint, and empowering
communities. Let's build a brighter, sustainable tomorrow together," added Mr. Johnson.
Highlights of the 2022
ESG Report include:
- reduced 1,498,438 tons of CO2
via our products,
- recycled over 89% of total waste
from production sites,
- 55% increase in solar-based energy
consumption,
- 32% of our global workforce is
female,
- 44% female representation on the
Board of Directors,
- 89% of non-employee directors are
independent,
- 71% of our 900+ suppliers are local,
- 100% of our suppliers were delivered
an ESG survey, and
- initiated Scope 3 emissions calculations.
Westport's sustainability
journey continues through an emphasis on agility, adaptability, and resilience. With our sustainability-driven business model, strong
governance practices, and a dedicated workforce, we strive to create long-term value for shareholders while promoting global decarbonization.
In 2023, Westport is prioritizing energy management initiatives across our facilities, thereby aiming to reduce carbon footprints.
Following on the successful
implementation of photovoltaic energy at its facility in Poland, the Company is also planning to increase investments at its Italian
facilities to target 10% of their energy needs from this renewable source. Additionally, Westport has conducted decarbonization workshops
at its three largest production sites in early 2023, thereby developing action plans to drive future reductions in Scope 1 and Scope
2 carbon emissions.
The 2022 ESG Report
is available for download at https://wfsinc.com/company/sustainability/overview and we welcome your feedback or inquiries to sustainability@wfsinc.com.
About Westport Fuel Systems
At Westport Fuel Systems,
we are driving innovation to power a cleaner tomorrow. We are a leading supplier of advanced fuel delivery components and systems for
clean, low-carbon fuels such as natural gas, renewable natural gas, propane, and hydrogen to the global automotive industry. Our technology
delivers the performance and fuel efficiency required by transportation applications and the environmental benefits that address climate
change and urban air quality challenges. Headquartered in Vancouver, Canada, with operations in Europe, Asia, North America, and South
America, we serve our customers in more than 70 countries with leading global transportation brands. At Westport Fuel Systems, we think
ahead. For more information, visit www.wfsinc.com.
View original content
to download multimedia:https://www.prnewswire.com/news-releases/westport-releases-2022-esg-report-301867516.html
SOURCE Westport Fuel
Systems Inc.
View original content to download multimedia:
http://www.newswire.ca/en/releases/archive/June2023/29/c1496.html
%CIK: 0001370416
For further information: Media Relations,
T: +1 947-339-8097, E: media@wfsinc.com; Investor Relations, T: +1 604-718-2046, E: invest@wfsinc.com
CO: Westport Fuel Systems
Inc.
CNW 16:07e 29-JUN-23
Grafico Azioni Westport Fuel Systems (NASDAQ:WPRT)
Storico
Da Mag 2024 a Giu 2024
Grafico Azioni Westport Fuel Systems (NASDAQ:WPRT)
Storico
Da Giu 2023 a Giu 2024