Elemental Holding, headquartered in Luxembourg (LU), is a prominent player in the battery recycling and sustainable materials industry. Founded in 2016, the company has rapidly established itself as a leader in the circular economy, focusing on the recovery and recycling of critical raw materials from used batteries. With operations extending across Europe, Elemental Holding offers innovative solutions that transform waste into valuable resources, ensuring a sustainable supply chain for battery production. Their core services include the recycling of lithium-ion batteries and the recovery of essential metals, setting them apart through advanced technology and environmentally responsible practices. Recognised for their commitment to sustainability, Elemental Holding has achieved significant milestones, positioning itself as a key contributor to the green transition in the energy sector.
How does Elemental Holding'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.
Mean score of companies in the Furniture Manufacturing 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.
Elemental Holding's score of 23 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Elemental Holding reported total carbon emissions of approximately 11,059,270 kg CO2e, comprising 7,465,850 kg CO2e from Scope 1 emissions and 4,266,420 kg CO2e from Scope 2 emissions. This marks an increase in Scope 1 emissions compared to 2022, where they were about 6,619,750 kg CO2e, while Scope 2 emissions also rose from approximately 3,715,440 kg CO2e in the previous year. The company has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. However, they have reported a GHG emission intensity index of -63.0 in 2023, indicating a focus on improving efficiency in their operations. Elemental Holding's emissions data reflects their ongoing commitment to monitoring and managing their carbon footprint, although further details on specific reduction strategies or long-term climate commitments are not available.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 6,496,372 | 0,000,000 | 0,000,000 |
Scope 2 | - | 0,000,000 | 0,000,000 |
Scope 3 | - | - | - |
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.
Elemental Holding is not committed to any reduction initiatives 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.