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 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 45% since 2018
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 total carbon emissions of approximately 1.50 million kg CO2e in 2022. This figure encompasses Scope 1 emissions of about 118,000 kg CO2e and Scope 2 emissions of approximately 8,000 kg CO2e. The majority of their reported emissions, around 1.38 million kg CO2e, fall under Scope 3, with purchased goods and services accounting for the largest portion at approximately 1.05 million kg CO2e.
In 2021, Electra Battery Materials Corporation's total emissions were approximately 1.54 million kg CO2e. This included Scope 1 emissions of about 311,000 kg CO2e and Scope 2 emissions of approximately 1,000 kg CO2e. Scope 3 emissions for the same year totalled approximately 1.23 million kg CO2e, with purchased goods and services contributing around 860,000 kg CO2e.
The company's sustainability report for 2022 also highlights GHG emissions intensity ratios, with a reported value of 31,400 metric tons CO2e per employee. For 2021, the intensity ratio was 81,100 metric tons CO2e per employee. Electra Battery Materials Corporation has disclosed data for Scopes 1, 2, and 3 emissions, with a focus on upstream categories such as employee commute, purchased goods and services, and waste generated in operations.
Electra Battery Materials Corporation has not publicly disclosed specific reduction targets or commitments to science-based initiatives as of the latest available data.
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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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