Climate Change Data

Electra Battery Materials Corporation

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:1500 tCO2e (Jan-Sept 2022)
Scope 1 Emissions:118 tCO2e (2022)
Scope 2 Emissions:8 tCO2e (2022)
Scope 3 Emissions:1382 tCO2e (2022)
Renewable Energy Share:>90%
Total Energy Consumption:Not disclosed
Water Consumption:1,935 L (2022)
Waste Generated:148.24 tons (non-hazardous) 2022
Carbon Intensity:31.4 tCO2e/employee (2022)

ESG Focus Areas

  • Climate Change
  • Circularity and Waste
  • Life on Land
  • Water Stewardship
  • Human Rights
  • Diversity, Equity & Inclusion
  • Employee Attraction, Retention & Development
  • Health & Safety
  • Respect and Engagement of Local Communities and Indigenous People
  • Ethics, Compliance, and Transparency
  • Sustainable Supply Chain

Environmental Achievements

  • Electra’s battery materials refinery is on track for commissioning in Spring 2023, becoming North America’s only source of low carbon battery grade cobalt sulfate.
  • Electra expects its Ontario-based refinery to have one of the world’s lowest carbon footprints in the sector due to the hydrometallurgical process and the reliance on Ontario’s clean electricity grid.
  • More than 90% of the electricity used by our Ontario refinery is generated from zero or low-carbon sources.
  • Launched a full-scale hydrometallurgical black mass recycling demonstration plant to recover lithium, nickel, cobalt, copper, and graphite from lithium cobalt oxide (LCO) and nickel cobalt manganese (NCM) batteries.

Social Achievements

  • Signed a Benefits Agreement with the Métis Nation of Ontario (MNO), providing employment, training, procurement, and business opportunities related to the construction and expansion of the Company’s battery materials refinery.
  • Achieved zero lost time incidents at site in 2022.
  • Awarded five Electra Excellence Bursaries to graduating students in schools near our refinery.

Governance Achievements

  • Launched a Whistleblower channel.
  • Became members of the Responsible Minerals Initiative (RMI).

Climate Goals & Targets

Long-term Goals:
  • Net Zero greenhouse gases (GHG) emissions by 2050
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Talent retention in a competitive Canadian market for experienced trades.
  • Climate change impacts affecting operations in different ways depending on geography and local resources.
  • Poor water availability and quality.
Mitigation Strategies
  • Offering benefits to employees that increase their quality of life (Family Assistance Program, Life Smart Coaching).
  • Installing a weather station to collect baseline data and understand local vulnerabilities.
  • Monitoring water chemistry and flow rates, building sediment control traps to minimize sediment runoff.

Supply Chain Management

Supplier Audits: 3 suppliers screened through a third party in 2022

Responsible Procurement
  • RMI Standards
  • OECD Due Diligence Guidance

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: GRI Standards, SASB Standards

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)

Electra's activities contribute to these goals through low-carbon battery material production, recycling, and sustainable supply chain practices.

Sustainable Products & Innovation

  • Low-carbon battery grade cobalt sulfate
  • Recycled battery materials

Awards & Recognition

  • Not disclosed