IPCEI Batteries, officially known as Important Project of Common European Interest on Batteries, is a pivotal initiative headquartered in Italy. Established to bolster the European battery industry, this project focuses on enhancing the production and innovation of battery technologies across the continent. Since its inception, IPCEI Batteries has aimed to support the transition to sustainable energy solutions, particularly in electric mobility and renewable energy storage. The initiative encompasses various operational regions, collaborating with key players in the automotive and energy sectors. With a commitment to advancing battery technology, IPCEI Batteries is recognised for its strategic investments and partnerships, positioning itself as a leader in the European battery market. Its unique approach fosters innovation, ensuring that Europe remains competitive in the global energy landscape.
How does IPCEI Batteries'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 Business Services 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.
IPCEI Batteries's score of 3 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2020, IPCEI Batteries reported carbon emissions related to the production of NMC 811 lithium-ion batteries, with an emission factor of approximately 0.062 kg CO2e per kWh. However, specific total emissions data for that year is not disclosed, and there are no reported Scope 1 or Scope 2 emissions. Currently, IPCEI Batteries has not established any formal reduction targets or climate pledges, indicating a lack of publicly available commitments towards reducing their carbon footprint. This absence of defined climate initiatives places them in a challenging position within the industry, where many organisations are increasingly focusing on sustainability and emissions reduction. As the sector evolves, it will be crucial for IPCEI Batteries to develop and communicate clear climate commitments to align with global sustainability goals and industry standards.
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.
IPCEI Batteries 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.