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Electra Battery Materials Corporation, commonly referred to as Electra, is a leading player in the nickel ores and concentrates industry, headquartered in California. Founded in 2020, the company has quickly established itself as a key supplier of critical battery materials, focusing on sustainable and innovative solutions for the electric vehicle market.
With operations primarily in North America, Electra is dedicated to producing high-quality nickel and cobalt products that are essential for battery manufacturing. The company’s unique approach to recycling and refining positions it as a pioneer in the transition to a circular economy within the battery supply chain. Notably, Electra has achieved significant milestones in its commitment to sustainability, making it a prominent name in the industry.
-5 vs industry average
Electra Battery Materials’s score of 6 is lower than 30% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Nickel Mining is among the most carbon-intensive industries
The Nickel Mining industry has reduced its overall emissions by 45% since 2018
Scope 3 accounts for ••• of total emissions.
Electra Battery Materials, a Canadian company in the Nickel ores and concentrates industry, reported total Scope 1, 2, and 3 emissions of approximately 1,506,000 kg CO2e in 2022. This included 118,000 kg CO2e from Scope 1 emissions and 8,000 kg CO2e from Scope 2 emissions. Scope 3 emissions accounted for the largest portion at 1,382,000 kg CO2e, with significant contributors being purchased goods and services (1,050,000 kg CO2e) and fuel- and energy-related activities (177,000 kg CO2e).
In 2021, the company's total Scope 1, 2, and 3 emissions were approximately 1,540,000 kg CO2e, comprising 311,000 kg CO2e from Scope 1, 1,000 kg CO2e from Scope 2, and 1,228,000 kg CO2e from Scope 3. Key Scope 3 categories in 2021 included purchased goods and services (860,000 kg CO2e) and fuel- and energy-related activities (199,000 kg CO2e).
No climate goals have been disclosed for Electra Battery Materials yet.
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