sustainability

 

ORMAT IS AN EARTH-FIRST COMPANY

Ormat has been generating power in a sustainable manner from the start, offering different types of power generating solutions all of which are green solutions - geothermal, solar, recovered energy generation, or storage – which deliver peace of mind and make a difference worldwide.

 

Green Power Plants

In geothermal we apply the world’s most advanced technologies to harness the power contained in the geothermal fluids that flow in the molten interior of the earth’s crust. We convert earth-bound energy from heat to electrical energy, while preserving the integrity and prolonging the lifecycles of the geothermal reservoirs we drill. Geothermal energy provides base load electricity 24/7. It’s highly reliable, flexible, produces no NOx emissions and virtually no CO2 emissions.

Recovered energy generation is another critical part of our sustainable energy portfolio – a sector that provides vital, self-generating power, which produces electricity with zero emissions and without added fuel consumption.

All of these energy options do not involve the production or burning of fossil fuels and encourage a future where fossil fuels are no longer necessary. We are working to ensure that Ormat remains at the forefront of the renewable energy sector, because we see a fossil-free future on the horizon.

 

Community Relations

At Ormat, we go beyond renewable energy development. We believe in the power of positive thinking and action. In every geography in which we operate, we seek to become part of the community, creating positive working relationships with local stakeholders and welcoming them to our facilities – so they can learn more about renewable energy.

Ormat also recognizes that every community in which we operate should benefit from our presence. That’s why we give back to local not-for-profit and charitable organizations, contributing to local health, wellness and educational causes that strengthen potential and encourage and promote positive long-term outcomes.

 

Sustainability Reporting & Policies

While we have had the principles of sustainability as our guide since the company was established, in the last few years we have also taken increasing steps to transcribe these guidelines into official policies and report on our actions in a GRI standard annual Sustainability Report. You can see these below (and our corporate governance policies here)

  

Ormat Sustainability Report 2018

 

Ormat Sustainability Update 2016-2017

 

Ormat Sustainability Report 2014-2015

 

Ormat Sustainability Report 2012-2013

 

Ormat Sustainability Report 2010-2011

 

Ormat Conflict Minerals Policy

 

Ormat Human Rights & Labor Policy

 

Ormat Integrated Quality Environment Health and Safety (QEHS) Policy

 

Ormat Stakeholder Engagement Policy

 

Ormat_Environment and Climate Change Policy