Climate Change Data

Electrovaya Inc.

Climate Impact & Sustainability Data (FY2023)

Reporting Period: FY2023

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:100% (Jamestown Gigafactory)
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Safety
  • Longevity of batteries
  • Sustainability
  • Reshoring
  • Climate Change

Environmental Achievements

  • Reshoring production to the US improves capacity, security and gross margins
  • Jamestown Gigafactory to leverage IRA benefits

Social Achievements

  • More than 12 Fortune 100 end customers
  • Expanding capacity provides opportunity to further accelerate revenue growth

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Expanding capacity to >2GWh by 2029
Short-term Goals:
  • Expanding capacity to ~500MWh in 2025

Environmental Challenges

  • Safety and longevity challenges with legacy lithium-ion tech; not working for heavy-duty applications
  • High-profile recalls due to safety
  • LFP energy density is too low for many applications and highly dependent on Chinese technology & supply chains
Mitigation Strategies
  • Proprietary ceramic separator tech
  • Infinity Technology offers the highest cycle with over 4X the life of typical batteries of the same chemistry
  • Electrovaya batteries use a proprietary ceramic separator membrane that significantly improves safety
  • Expanding manufacturing capacity

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Goal 7 (Affordable and Clean Energy)
  • Goal 9 (Industry, Innovation and Infrastructure)
  • Goal 13 (Climate Action)

Electrovaya's sustainable battery technologies contribute to cleaner energy solutions and reduced carbon emissions.

Sustainable Products & Innovation

  • Infinity Batteries
  • Solid State Batteries

Awards & Recognition

  • Not disclosed