Some 42 organisations have agreed on the 10 guiding principles developed by the Global Battery Alliance to create a sustainable battery value chain by 2030.
The organisations, from the mining, chemicals, automotive, and energy industries, have confirmed that they are in support of the alliance’s A Vision for a Sustainable Battery Value Chain in 2030 at the World Economic Forum.
The principles would help reduce carbon emissions from the transport and energy sectors by accelerating the adoption of electric vehicles and renewable energy technologies.
The principles will guide the development of a global digital battery information disclosure system referred to as the Battery Passport.
Commenting on the announcement, Benedikt Sobotka, co-chair of the Global Battery Alliance and CEO of ERG, said: “As we convene for the 50th anniversary Davos meeting, the launch of the 10 key principles will help bring the Alliance one step closer to unlocking the potential of batteries to power sustainable development.
“We are aiming to ensure that the vast benefits to the global economy never come at the cost of the most vulnerable communities. A key focus for ERG is working with all Alliance members to eradicate child labour within the battery value chain.”
The principles include:
- Maximising the productivity of batteries
- Enabling a productive and safe second life use
- Circular recovery of battery materials
- Ensuring transparency of greenhouse gas emissions and their progressive reduction
- Prioritising energy efficiency measures and increasing the use of renewable energy
- Fostering battery-enabled renewable energy integration
- High-quality job creation and skills development
- Eliminating child and forced labour
- Protecting public health and the environment and supporting responsible trade and anti-corruption practices
- Local value creation and economic diversification
“We all need batteries to power the clean revolution. However, we must ensure violations of human rights do not occur anywhere in the value chain, that local communities benefit and that battery production is sustainable,” said Dominic Waughray, managing director, World Economic Forum.
“These guiding principles are an important first step to build a value chain that can deliver on this promise while supporting societies and economies at the same time,” Waughray added.
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