Electra Battery Materials Corporation, commonly referred to as Electra, is a leading player in the battery materials industry, headquartered in California. Founded in 2020, the company has quickly established itself as a key provider of sustainable battery materials, focusing on the production of critical minerals essential for electric vehicle (EV) batteries.
With operations primarily in North America, Electra is dedicated to advancing the circular economy through its innovative recycling processes and the development of low-carbon battery materials. The company’s core offerings include cobalt, nickel, and lithium, which are distinguished by their environmentally responsible sourcing and processing methods.
Electra's commitment to sustainability and its strategic partnerships position it as a notable contender in the rapidly evolving EV market, contributing to the global transition towards cleaner energy solutions.
-3 vs industry average
Electra Battery Materials’s score of 11 is lower than 40% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Nickel Mining has above-average carbon intensity
Industry performance
The Nickel Mining industry has reduced its overall emissions by 82% since 2019
Emissions trajectory 2020 – 2025
Reported emissions
Scope 3 accounts for ••• of total emissions.
Electra Battery Materials's reported carbon emissions
In 2022, Electra Battery Materials, headquartered in California, reported total carbon emissions of approximately 1,530,000 kg CO2e. This total comprises 118,000 kg CO2e from Scope 1 emissions, 8,000 kg CO2e from Scope 2 emissions, and 1,382,000 kg CO2e from Scope 3 emissions. Notably, the Scope 3 emissions include significant contributions from purchased goods and services (1,050,000 kg CO2e) and fuel and energy-related activities (177,000 kg CO2e). Comparatively, in 2021, the company recorded total emissions of approximately 1,460,000 kg CO2e, with Scope 1 emissions at 311,000 kg CO2e, Scope 2 at 1,000 kg CO2e, and Scope 3 at 1,228,000 kg CO2e. This indicates a slight increase in total emissions year-on-year. Electra Battery Materials has not publicly disclosed specific reduction targets or initiatives as part of its climate commitments. The company does not appear to have cascaded emissions data from any parent organisation, indicating that all reported figures are derived directly from its own operations. Overall, while Electra Battery Materials is actively reporting its emissions, further details on reduction strategies or commitments to climate initiatives are currently unavailable.
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Electra Battery Materials’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Electra Battery Materials yet.
Scope 3 top emissions categories
5 of 15 categories disclosedSee all scope 3 categories
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Emissions comparison with industry peers
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Electra Battery Materials
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