Electra Battery Materials
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.
DitchCarbon Score
How does Electra Battery Materials's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Nickel Mining industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Electra Battery Materials's score of 22 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Electra Battery Materials's reported carbon emissions
In 2022, Electra Battery Materials reported total carbon emissions of approximately 1,530,000 kg CO2e, with emissions distributed across various scopes: 118,000 kg CO2e from Scope 1, 8,000 kg CO2e from Scope 2, and a significant 1,382,000 kg CO2e from Scope 3. The Scope 3 emissions were primarily driven by 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 about 1,455,000 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 disclosed emissions across all three scopes but has not set specific reduction targets or initiatives as part of their climate commitments. The company continues to monitor and report its emissions, aligning with industry standards for transparency and accountability in climate action.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 311,000 | 000,000 |
| Scope 2 | 1,000 | 0,000 |
| Scope 3 | 1,228,000 | 0,000,000 |
Industry emissions intensity
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Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Electra Battery Materials is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
