Image courtesy of Ecobat
Ecobat, a global battery recycling company headquartered in Dallas, has been awarded a Gold rating from EcoVadis, a Paris-based provider of business sustainability ratings.
“Driven largely by the need to address climate change through the transition from fossil fuels to cleaner energy solutions, most critically in mobility applications such as electric vehicles, it is estimated that the global demand for lithium-ion batteries could increase by close to 30 percent annually through 2030 to reach a market value of over $400 billion," the company says in a news release. "To avoid environmental impacts from the extraction and refining of raw materials to cell production to transportation, industry leaders are navigating a sustainable path while generating value for all stakeholders.”
Ecobat says the Gold designation places it in the top 5 percent of 125,000-plus companies across 200 sectors globally in areas such as environmental impact, labor and human rights, business ethics and sustainable procurement management.
“This is a tremendous achievement for our organization," says Stefanie Scruggs, chief health, safety and environment and sustainability officer at Ecobat. "This serves as a testament towards our commitment to environmental responsibility and sustainable practices. We are grateful for the collaboration of our partners, suppliers, contractors and customers, whose support has been instrumental in attaining this prestigious recognition.”
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