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Sauer Energy Reports on United Nations Global Compact Communication on Progress PDF Print E-mail

SOURCE: Sauer Energy


Feb 24, 2011 07:55 ET


The Global Compact is a voluntary initiative that businesses exhibit responsible leadership. The participation builds a global framework for achieving sustainable growth. The commitments of companies will make a global effort toward practicing ten universally accepted principles in the areas of human rights, labour, environment and anti-corruption.

NEWBURY PARK, CA--(Marketwire - February 24, 2011) - Sauer Energy, Inc. ("SEI") (OTCBB: SENY), a developer and producer of home and enterprise scale vertical axis wind turbine (VAWT) systems, today reports on the Communication on Progress (COP) with the United Nations Global Compact.

Sauer Energy, Inc. has been a member of the United Nations Global Compact since 2008. We recognize the value of this important UN initiative that promotes the adoption and implementation of its Ten Principles. It reflects SEI's own standards of excellence as well. Through the public declaration renouncing unfair and illegal business practices, as outlined by the Principles, we seek to distinguish ourselves worldwide. We have the integrity it takes to be successful without compromising the rights of others.

SEI is striving to deliver on the initiatives of renewable energy. Our innovative wind turbines are designed to be reliable as well as scalable and most cost effective. SEI is committed to providing end-to-end world class service and solutions. SEI is constantly striving to achieve our mission and goals. It requires extraordinary team work, expert management and a set of core values centered upon promoting environmental answers.

Sauer Energy integrates with society as a corporate citizen and shares its values through providing renewable energy to help people realize a solution to the rising cost of energy and the rising detriment to our planet as a result of deriving it from fossil fuels.

What is the United Nations Global Compact?

The Global Compact is a voluntary initiative that businesses exhibit responsible leadership. The participation builds a global framework for achieving sustainable growth. The commitments of companies will make a global effort toward practicing ten universally accepted principles in the areas of human rights, labour, environment and anti-corruption. More information about the United Nations Global Compact can be found at www.unglobalcompact.org

The Ten Principles of the United Nations Global Compact

HUMAN RIGHTS

  • Principle 1: Businesses should support and respect the protection of internationally proclaimed human rights; and
  • Principle 2: make sure that they are not complicit in human rights abuses.

LABOUR

  • Principle 3: Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining;
  • Principle 4: the elimination of all forms of forced and compulsory labour;
  • Principle 5: the effective abolition of child labour; and
  • Principle 6: the elimination of discrimination in respect of employment and occupation.

ENVIRONMENT

  • Principle 7: Businesses should support a precautionary approach to environmental challenges;
  • Principle 8: undertake initiatives to promote greater environmental responsibility; and
  • Principle 9: encourage the development and diffusion of environmentally friendly technologies.

ANTI-CORRUPTION

  • Principle 10: Businesses should work against corruption in all its forms, including extortion and bribery.

The framework of the Global Compact provides a strategic platform for implementation of its principles. As a signatory, SEI has completed its Communication on Progress. You may see our entire report at: http://bit.ly/fLMmCB

"The UN Global Compact is clearly visible in our overall business strategy. To build a sustainable future in renewable energy we abide by the Principles of the UNGC. We strive to reduce our environmental impact and to help others in their efforts to do the same," states Dieter Sauer, Chief Executive Officer of Sauer Energy.

About the United Nations Global Compact

The United Nations Global Compact is the world's largest corporate citizenship initiative with signatories in 135 countries. The UN vision remains the same for companies to globally integrate universal principles into their strategies, operations and culture. This has a profound impact on the development of those goals.

UNGC members include General Electric from USA, Siemens from Germany, Acciona from Spain, Vestas Wind from Denmark, Hyundai from Korea and Gamesa from Spain, to name a few, that stand with Sauer Energy, Inc., as an equal participant.

About Sauer Energy, Inc.

We recognize that our most important asset is our team. They are the reason for our future success. SEI will become a global operation and will expect all employees, management, suppliers, vendors and partners to uphold the Ten Principles. SEI will strive for continuing process of improvement and always evaluate and evolve all policies to ensure its integrity is at the highest level possible.

This report represents Sauer Energy's commitment to the UN Global Compact Principles. Actions and support will be witnessed in day-to-day operations, and thus, make us an example.

"Responsible action is only possible without isolation and must be sustainable. With joint initiatives on all sides, we become a partner in the world. Within our focus, there is a solution for everyone. From our inception, we have been an example of a responsible and transparent corporation," stated Mr. Sauer.

Sauer Energy's innovative technology is changing the way people will think and live. SEI has the vibrant spirit to lead the way.

Forward-Looking Statements

This news release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. While these statements are made to convey Company progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the Company at this time, actual results may differ materially and are subject to risk and uncertainties. Factors that may cause actual results to differ include without limitation: dependence on key personnel and suppliers; SEI's ability to commercialize its wind turbine technology; ability to defend intellectual property; wind turbine material and component costs; competition; economic conditions; consumer demand and product acceptance, and availability of growth capital.

Additional considerations and risk factors are set forth in reports filed on Form 8-K and 10-K with the SEC and other filings. Readers are cautioned not to place undue reliance upon these forward-looking statements; historical information is not an indicator of future performance. The Company undertakes no obligation to update publicly any forward-looking statements.

Contact:
Sauer Energy, Inc.
Dieter Sauer
President/CEO
(888) 829-8748
http://www.SauerEnergy.com