Our Inaugural Sustainability Report
ESG considerations are embedded in Electra’s principles and business practices. In 2022, we made considerable progress in our journey to establish a solid foundation for a sustainable production and a robust supply chain in North America.
Our agenda is ambitious. As part of our value proposition, we want to meet and exceed our stakeholders’ expectations by becoming a reference and pushing forward ESG standards. We invite you to read the report, provide feedback and continue to follow our progress.
Powering the energy revolution
As global communities combine their efforts to transition to a more sustainable way of living, humankind’s reliance on mother earth does not become lighter – it takes on a new form. To power the energy revolution, we will rely less on fossil fuels and rely more on clean and renewable energy sources, mindful of the legacy we want to leave to future generations. What makes this transition possible are the advancements made in innovation and technology, with the goal of reducing climate risk, improving quality of life, and upholding responsible human activities.
Electra’s mission of becoming an important supplier of sustainable and traceable battery materials for the North American electric vehicle supply chain stems from the realization that the industry in which we operate must evolve towards more efficient processes, more conscientious practices and with a reduced environmental footprint.
Electra Battery Materials is committed to industry leading Environmental, Social and Governance (ESG) principles and international standards. Please review our corporate ESG policies.
At the base of such principles are the Company’s core values.
Respect for the planet and for future generations
Electra will be producing low-carbon battery materials from sustainably mined and refined primary materials. As a local supplier, the Company’s ambition is to breakdown complicated, far-reaching supply chains to promote local production and consumption to reduce greenhouse gas emissions. Our facility will rely on clean and renewable energy as its power source and will use clean hydrometallurgy to transform natural resources into green battery materials.
Respect for our employees
Offering a meaningful, productive and safe work environment is part of our social contract with our workforce. Electra will not tolerate discrimination in any form, will not condone unfair labour practices and will promote equality of opportunity and diversity within the workplace. We offer access to physical and mental health services and ensure the highest safety standards withing the workplace.
Respect for the local communities in which we operate
Electra is mindful that our continued success necessitates that, we not forget the journey that led us to this place. It is our vision to be an industry leader in developing mutually beneficial relationships with Indigenous communities that live among us. We are committed to upholding open and constant dialogue, to community development and to local economical growth and opportunity.
Respect for our shareholders
In a constantly evolving and sometimes volatile marketplace, Electra is committed to mitigating both project and fiscal risks, through well considered and prudent execution of our business strategies and plans and by adhering to a culture of measured risk management, cost prudence and a commitment to clear corporate objectives.