Climate Change Data

Northvolt AB

Climate Impact & Sustainability Data (2016-2021)

Reporting Period: 2016-2021

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%
Total Energy Consumption:360 MW (1.5% of Sweden’s total energy production)
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Climate Change
  • Social Responsibility
  • Governance

Environmental Achievements

  • Aiming for 90% lower CO2 footprint than a Chinese reference battery by 2030
  • Using 100% fossil-free electricity from the Skellefteå river
  • Developing a battery with minimal carbon footprint and high recycling ambitions
  • Establishing Revolt recycling program with a goal of 50% recycled material in each new battery by 2030

Social Achievements

  • Employing people of over 75 different nationalities
  • Creating at least 500 new jobs per year at Northvolt Ett
  • Implementing a self-leadership program ('True North') for all employees
  • Actively working towards gender balance in the organization

Governance Achievements

  • Establishing clear safety protocols and training for handling chemicals and fire risks
  • Working closely with fire safety experts, Skellefteå municipality, and the Rescue Service
  • Commitment to ethical sourcing of minerals, avoiding child labor and middlemen

Climate Goals & Targets

Long-term Goals:
  • Produce a total of 150 GWh of battery capacity by 2030 (requiring 4-5 large-scale factories)
  • 90% lower CO2 footprint than a Chinese reference battery by 2030
  • 50% recycled material in each new battery by 2030
Medium-term Goals:
  • Achieve 40 GWh annual production at Northvolt Ett
  • Employ ~3000 employees at Northvolt Ett by 2025
  • Build Revolt recycling facility by 2023
Short-term Goals:
  • Start of production at Northvolt Ett by end of 2021

Environmental Challenges

  • Handling of chemicals and fire risk in battery production
  • Rapid growth requiring efficient recruitment and employee development
  • Ensuring sustainable sourcing of raw materials
Mitigation Strategies
  • Implementing safety protocols, training, and personal protective gear
  • Developing a robust recruitment strategy and internal training programs
  • Working directly with selected ethical suppliers and maximizing recycled materials

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Working directly with selected ethical suppliers
  • Maximizing the proportion of recycled metals

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 12 (Responsible Consumption and Production)
  • Goal 13 (Climate Action)

Northvolt's efforts to produce green batteries contribute to these goals by reducing reliance on fossil fuels, promoting sustainable manufacturing practices, and fostering innovation in renewable energy technologies.

Sustainable Products & Innovation

  • Green batteries with minimal carbon footprint

Awards & Recognition

  • Not disclosed