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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-headquartered company in the Nickel ores and concentrates industry, reported total Scope 1, 2, and 3 emissions of approximately 1.5 million kg CO2e in 2022. This figure 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. Key contributors to Scope 3 emissions included purchased goods and services (1,050,000 kg CO2e) and fuel and energy-related activities (177,000 kg CO2e).
In comparison, 2021 saw total Scope 1, 2, and 3 emissions of approximately 1.54 million kg CO2e. This included 311,000 kg CO2e from Scope 1, 1,000 kg CO2e from Scope 2, and 1,228,000 kg CO2e from Scope 3. Notably, 2021 Scope 3 emissions were primarily driven by purchased goods and services (860,000 kg CO2e), and fuel and energy-related activities (199,000 kg CO2e).
While Electra Battery Materials has disclosed its emissions, specific reduction targets or climate pledges are not available in the provided data.
No climate goals have been disclosed for Electra Battery Materials yet.
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