SimpliPhi Join UN Compact; Release Sustainability Report
From our inception 10 years ago, SimpliPhi Power has embarked on a clear mission to create universal access to safe, reliable, and affordable energy to empower people, communities, and enterprises globally.
We believe that distributed, customer-sited energy storage renewable generation is essential to economic growth, social equity, and environmental sustainability. SimpliPhi Power focuses on projects and partnerships that are in alignment with our mission, bringing together purpose with profit.
We leverage the power of energy storage to make an impact on the world – but our commitment to positive change goes far beyond our technology. At the core of our company’s business strategy is the founding principle of an integrated bottom line - where success is viewed and measured through three important metrics: people, planet, and profit.
After a decade of operation, we are thrilled to announce two significant milestones that reflect our commitment.
First, as of January 2021, we joined the United Nation’s Global Compact. The UN Global Compact is a call to action to “mobilize a global movement of sustainable companies and stakeholders” to “align their strategies with Ten Principles on human rights, labor, environment and anti-corruption; and take strategic actions to advance broader societal goals, such as UN Sustainable Development Goals, with an emphasis on collaboration and innovation,” with a pledge to report on implementation and progress annually.
SimpliPhi Power is the first energy storage company in the United States to embrace the UN’s mission and commit our company and resources to the UN’s critical 2030 Sustainable Development Goals.
Reporting Our Progress
Second, we are releasing our first Sustainability Report, representing our commitment to the UN Global Compact, the Sustainable Development Goals and our operating principles as a company. The 2020 Report serves to tell our story since founding, provide insights for all our customers and stakeholders, and to establish a baseline from which we measure our progress going forward. SimpliPhi Power has grown based on revenue and the efficacy of its technology, solving real-world problems around access to safe and reliable energy. As a responsible and profitable company, it is important that we demonstrate how sustainable business practices are integral to all our operational and strategic decision making, and to our success. The 2020 Sustainability Report is a testament to our mission as a company and highlights the many ways that we work every day to ensure that sustainability and the integrated bottom line – people, planet, profit – is at the core of everything we do.
You can read the full Report and learn more about our promise for an equitable and sustainable world on our website here.