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.
-3 vs industry average
Electra Battery Materials’s score of 11 is lower than 42% 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
Electra Battery Materials Corporation, headquartered in CA and operating within the Nickel ores and concentrates industry, reported approximately 1.5 billion kg CO2e in total greenhouse gas emissions for 2022. This figure encompasses Scope 1 emissions of approximately 118,000 kg CO2e, Scope 2 emissions of approximately 8,000 kg CO2e, and substantial Scope 3 emissions totalling approximately 1.38 billion kg CO2e. Key contributors to their Scope 3 emissions in 2022 included purchased goods and services (approximately 1.05 billion kg CO2e) and fuel and energy-related activities (approximately 177,000 kg CO2e). In 2021, Electra Battery Materials Corporation's total emissions stood at approximately 1.54 billion kg CO2e. This comprised approximately 311,000 kg CO2e of Scope 1 emissions, approximately 1,000 kg CO2e of Scope 2 emissions, and approximately 1.23 billion kg CO2e of Scope 3 emissions. Purchased goods and services were also a significant factor in Scope 3 emissions for 2021, amounting to approximately 860,000 kg CO2e, followed by fuel and energy-related activities at approximately 199,000 kg CO2e. The company's sustainability report highlights GHG emissions intensity ratios. In 2022, the intensity ratio related to employees was approximately 31,400 metric tons CO2e per employee. For 2021, this ratio was approximately 81,100 metric tons CO2e per employee. Electra Battery Materials Corporation has not disclosed specific reduction targets or commitments through SBTi or other initiatives at this time.
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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
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Emissions comparison with industry peers
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