{"id":766629,"date":"2023-06-28T08:15:38","date_gmt":"2023-06-28T12:15:38","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/orion-energy-systems-releases-fiscal-2023-environmental-social-and-governance-esg-report\/"},"modified":"2023-06-28T08:15:38","modified_gmt":"2023-06-28T12:15:38","slug":"orion-energy-systems-releases-fiscal-2023-environmental-social-and-governance-esg-report","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/orion-energy-systems-releases-fiscal-2023-environmental-social-and-governance-esg-report\/","title":{"rendered":"Orion Energy Systems Releases Fiscal 2023 Environmental, Social and Governance (ESG) Report"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">MANITOWOC, Wis., June  28, 2023  (GLOBE NEWSWIRE) &#8212; <strong>Orion Energy Systems, Inc.<\/strong> (NASDAQ: OESX) (<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=JFMMtuuA_hIXJ4Sojn_QKd3ghZ2xd8qYEAtzG8M-_NeBKoXS0F0a5lmn73n4FAg1KToBPF8tOpEJgPkXykHvBoJAzsrgItOFBbv1Vk38WJU=\" rel=\"nofollow noopener\" target=\"_blank\"><u>Orion Lighting<\/u><\/a>), a provider of energy-efficient LED lighting and controls, maintenance services and electric vehicle (EV) charging station solutions, announced the release of the company\u2019s second annual Environmental, Social and Governance (ESG) report, highlighting progress in its FY 2023 year ended March 31, 2023. The report is now available on <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=JFMMtuuA_hIXJ4Sojn_QKQqschjQDvzsMxyo7Y3CA2r16NGCMxtLeyUtg21T5WqorviPMuToPHCODRs2RaoUD3XYYKqoniCBnznnHypYukJh6snwA1H56zaRI8xAJJxwl8AfTKIq_-W_Ykjzp2VJ2kYPzqPAJUz4eFd1Vo80w9Q=\" rel=\"nofollow noopener\" target=\"_blank\">Orion\u2019s website<\/a>.<\/p>\n<p>Orion is dedicated to helping its customers achieve their sustainability objectives by offering innovative technology and exceptional service. Through the development and installation of energy-efficient solutions, Orion actively promotes energy conservation and reduced emissions.<\/p>\n<p>Mike Jenkins, Orion\u2019s CEO, commented, \u201cESG and sustainability are in Orion\u2019s DNA. Our industry-leading, energy-efficient LED lights dramatically reduce our customers\u2019 energy consumption and carbon footprint. Expanding our reach in cleantech, we entered the rapidly growing electric vehicle (EV) charging solutions market in FY 2023 with the acquisition of Voltrek. We look forward to helping our customers implement EV charging infrastructure to support their environmental and business goals, while we work to progress our firm-wide commitment to ESG initiatives.\u201d<\/p>\n<p>\n        <strong>FY 2023 ESG Progress<\/strong><br \/>\n        <br \/>Orion estimates that it helped customers eliminate the production of 177,161 tons of carbon dioxide in FY 2023, equivalent to the impact of planting 71,174 trees, through reduced electricity consumption enabled by its energy-efficient lighting systems.* The report also highlights Orion\u2019s own environmental commitment, including the production of more than 10% of its FY 2023 energy needs through site-produced renewable wind and solar sources, as well as the recycling of approximately 89% of the Company\u2019s manufacturing waste.<\/p>\n<p>The report also reviews the Company\u2019s commitment to charitable and humanitarian work, including its promotion of community involvement and volunteering by funding one paid volunteer day per employee each year. Orion also promotes a work-life balance policy, offers tuition reimbursement, and embraces a \u201csafety first\u201d workplace culture that has resulted in more than six years without a lost time accident in its manufacturing plant. Orion also significantly reduced minor first aid, near-miss and other recordable incidents in FY 2023.<\/p>\n<p>The report also highlights Orion\u2019s corporate <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=BwhTUJHFwxt4GTvOP_PNTGVvhtkCv0pXLZP3zhphX3jiCOVDT6gwVhWGjanlN5pWxz8w9IIdNFuHFA9eDt6VYRg2UDowQ9I3Yv5Nddev1fhmj14Bf_dek_XDPD9R_YxU\" rel=\"nofollow noopener\" target=\"_blank\">governance principles<\/a> and the Company\u2019s commitment to best practices and diversity throughout the company, including in management positions and on the Board of Directors. Orion seeks to meet or exceed NASDAQ goals and to have a workforce that exceeds the diversity of its community. Reflecting this focus, 66% of Orion\u2019s Directors are Independent and 40% of Orion\u2019s outside Directors are women. The Company also encourages shareholders to communicate with its Board of Directors and has established conduits for shareholder communications with the Board.<\/p>\n<p>\n        <em>* Internally calculated using national average emission factors per the EPA\u2019s eGRID database, a recognized protocol by the World Resource Institute\/World Business Council for Sustainable Development (WRI\/WBCSD).<\/em>\n      <\/p>\n<p align=\"left\">\n        <strong>About Orion Energy Systems<\/strong><br \/>\n        <br \/>Orion provides energy efficiency and clean tech solutions, including LED lighting and controls, maintenance services and electrical vehicle (EV) charging solutions. Orion specializes in turnkey design-through-installation solutions for large national customers, with a commitment to helping customers achieve their business and environmental goals with healthy, safe and sustainable solutions that reduce their carbon footprint and enhance business performance.<\/p>\n<p align=\"left\">Orion is committed to operating responsibly throughout all areas of our organization. Learn more about our ESG priorities, goals and progress <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=neJNoDqTXc6PedWx3ZxnfEGjyg5u3JinMeiUz0HHjOLFCYtVEfj5S4q4swt_nJwEuUvECIsEVBoFUs-YT2OdMCf50FPLLt2TqL2NbeccQpbIg-vmbsxhZGSqI0lObMDyufgbyc-pk-FgeMnMhaYvxw==\" rel=\"nofollow noopener\" target=\"_blank\">here<\/a> or visit our website at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=MzUDf30Vw1siRxfTVPEGUnR770TNWKyaTEAL6nLaqIdEiqbrz4WWFNzL3fgjRrDOHdPrUJW36fmL-Bol3MJJyX6_xe0Slbwz3om-QtExJ1M=\" rel=\"nofollow noopener\" target=\"_blank\">www.orionlighting.com<\/a>.<\/p>\n<p align=\"justify\">\n        <strong>Engage with Us<\/strong><br \/>\n        <br \/>\n        <strong>Twitter<\/strong>: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=JUc8djQNsEdEXmfWRC2jTk9QnMTTpKcyBdRG5SS_ufqb6Y5JQV7jGShGueIqZ5ce8QadczginyDIemxFTyP5oRpXOXLe2z5oGJoMLtCZYAQ=\" rel=\"nofollow noopener\" target=\"_blank\">@OrionLighting<\/a> and <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=JUc8djQNsEdEXmfWRC2jToj9YNNTC1m_IWmp3WDmai9q197j-HFdP4CHJDdApRBdEK6ASb6IyJy8-ThDKABI3y8J6xJ7Fyefnt9EELP4jmQ=\" rel=\"nofollow noopener\" target=\"_blank\">@OrionLightingIR<\/a><br \/><strong>StockTwits: <\/strong><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=JUc8djQNsEdEXmfWRC2jTuj4g-cQuuHNX-7uLRHBisxiIdlCBv1MvsZCQqcVZbSUTLORHeyz5HOSnH9eal6XOdQpRG5HfXye8ISS2YbL7_c=\" rel=\"nofollow noopener\" target=\"_blank\">@Orion_LED_IR<\/a><\/p>\n<p align=\"justify\">\n        <strong>Marketing Contact<\/strong>\n      <\/p>\n<table style=\"border-collapse: collapse;width:560;border-collapse:collapse\">\n<tr>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: top\">Steve Paulus, Director, Marketing and Communications<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: top\">Orion Energy Systems, Inc.<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: top\">\n            <a href=\"mailto:spaulus@oesx.com\" rel=\"nofollow noopener\" target=\"_blank\">spaulus@oesx.com<\/a><br \/>\n            \n          <\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: top\">(920) 239-8007<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<\/tr>\n<\/table>\n<p align=\"justify\">\n        <strong>Investor Relations Contacts<\/strong><br \/>\n        \n      <\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"max-width:30%;width:30%;min-width:30%;text-align: left;vertical-align: middle;vertical-align: top\">Per Brodin, CFO<\/td>\n<td style=\"max-width:70%;width:70%;min-width:70%;text-align: left;vertical-align: middle;vertical-align: top\">William Jones; David Collins<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: top\">Orion Energy Systems, Inc.<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: top\">Catalyst IR<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: top\">\n            <a href=\"mailto:pbrodin@oesx.com\" rel=\"nofollow noopener\" target=\"_blank\">pbrodin@oesx.com<\/a>\n          <\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: top\">(212) 924-9800 or <a href=\"mailto:OESX@catalyst-ir.com\" rel=\"nofollow noopener\" target=\"_blank\">OESX@catalyst-ir.com<\/a><\/td>\n<\/tr>\n<\/table>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg2NTYwOSM1NjY3NzE2IzIwMDcxMzY=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/YzZlZWYyMWYtOWUwZC00Mjc1LWE0N2YtZmM2ZWY3YjFmYmJjLTEwMTg3MDk=\/tiny\/Orion-Energy-Systems-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>MANITOWOC, Wis., June 28, 2023 (GLOBE NEWSWIRE) &#8212; Orion Energy Systems, Inc. (NASDAQ: OESX) (Orion Lighting), a provider of energy-efficient LED lighting and controls, maintenance services and electric vehicle (EV) charging station solutions, announced the release of the company\u2019s second annual Environmental, Social and Governance (ESG) report, highlighting progress in its FY 2023 year ended March 31, 2023. The report is now available on Orion\u2019s website. Orion is dedicated to helping its customers achieve their sustainability objectives by offering innovative technology and exceptional service. Through the development and installation of energy-efficient solutions, Orion actively promotes energy conservation and reduced emissions. Mike Jenkins, Orion\u2019s CEO, commented, \u201cESG and sustainability are in Orion\u2019s DNA. Our industry-leading, energy-efficient LED lights dramatically reduce our &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/orion-energy-systems-releases-fiscal-2023-environmental-social-and-governance-esg-report\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Orion Energy Systems Releases Fiscal 2023 Environmental, Social and Governance (ESG) Report&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-766629","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Orion Energy Systems Releases Fiscal 2023 Environmental, Social and Governance (ESG) Report - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/orion-energy-systems-releases-fiscal-2023-environmental-social-and-governance-esg-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Orion Energy Systems Releases Fiscal 2023 Environmental, Social and Governance (ESG) Report - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"MANITOWOC, Wis., June 28, 2023 (GLOBE NEWSWIRE) &#8212; Orion Energy Systems, Inc. (NASDAQ: OESX) (Orion Lighting), a provider of energy-efficient LED lighting and controls, maintenance services and electric vehicle (EV) charging station solutions, announced the release of the company\u2019s second annual Environmental, Social and Governance (ESG) report, highlighting progress in its FY 2023 year ended March 31, 2023. The report is now available on Orion\u2019s website. Orion is dedicated to helping its customers achieve their sustainability objectives by offering innovative technology and exceptional service. Through the development and installation of energy-efficient solutions, Orion actively promotes energy conservation and reduced emissions. Mike Jenkins, Orion\u2019s CEO, commented, \u201cESG and sustainability are in Orion\u2019s DNA. Our industry-leading, energy-efficient LED lights dramatically reduce our &hellip; Continue reading &quot;Orion Energy Systems Releases Fiscal 2023 Environmental, Social and Governance (ESG) Report&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/orion-energy-systems-releases-fiscal-2023-environmental-social-and-governance-esg-report\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-28T12:15:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg2NTYwOSM1NjY3NzE2IzIwMDcxMzY=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/orion-energy-systems-releases-fiscal-2023-environmental-social-and-governance-esg-report\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/orion-energy-systems-releases-fiscal-2023-environmental-social-and-governance-esg-report\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Orion Energy Systems Releases Fiscal 2023 Environmental, Social and Governance (ESG) Report\",\"datePublished\":\"2023-06-28T12:15:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/orion-energy-systems-releases-fiscal-2023-environmental-social-and-governance-esg-report\\\/\"},\"wordCount\":606,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/orion-energy-systems-releases-fiscal-2023-environmental-social-and-governance-esg-report\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODg2NTYwOSM1NjY3NzE2IzIwMDcxMzY=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/orion-energy-systems-releases-fiscal-2023-environmental-social-and-governance-esg-report\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/orion-energy-systems-releases-fiscal-2023-environmental-social-and-governance-esg-report\\\/\",\"name\":\"Orion Energy Systems Releases Fiscal 2023 Environmental, Social and Governance (ESG) Report - 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(NASDAQ: OESX) (Orion Lighting), a provider of energy-efficient LED lighting and controls, maintenance services and electric vehicle (EV) charging station solutions, announced the release of the company\u2019s second annual Environmental, Social and Governance (ESG) report, highlighting progress in its FY 2023 year ended March 31, 2023. The report is now available on Orion\u2019s website. Orion is dedicated to helping its customers achieve their sustainability objectives by offering innovative technology and exceptional service. Through the development and installation of energy-efficient solutions, Orion actively promotes energy conservation and reduced emissions. Mike Jenkins, Orion\u2019s CEO, commented, \u201cESG and sustainability are in Orion\u2019s DNA. Our industry-leading, energy-efficient LED lights dramatically reduce our &hellip; Continue reading \"Orion Energy Systems Releases Fiscal 2023 Environmental, Social and Governance (ESG) Report\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/orion-energy-systems-releases-fiscal-2023-environmental-social-and-governance-esg-report\/","og_site_name":"Market Newsdesk","article_published_time":"2023-06-28T12:15:38+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg2NTYwOSM1NjY3NzE2IzIwMDcxMzY=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/orion-energy-systems-releases-fiscal-2023-environmental-social-and-governance-esg-report\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/orion-energy-systems-releases-fiscal-2023-environmental-social-and-governance-esg-report\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Orion Energy Systems Releases Fiscal 2023 Environmental, Social and Governance (ESG) Report","datePublished":"2023-06-28T12:15:38+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/orion-energy-systems-releases-fiscal-2023-environmental-social-and-governance-esg-report\/"},"wordCount":606,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/orion-energy-systems-releases-fiscal-2023-environmental-social-and-governance-esg-report\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg2NTYwOSM1NjY3NzE2IzIwMDcxMzY=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/orion-energy-systems-releases-fiscal-2023-environmental-social-and-governance-esg-report\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/orion-energy-systems-releases-fiscal-2023-environmental-social-and-governance-esg-report\/","name":"Orion Energy Systems Releases Fiscal 2023 Environmental, Social and Governance (ESG) Report - 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