Lithium-ion battery recycler Li-Cycle recently detailed its road to sustainable battery resource recovery in its 2022 interim Sustainability Report.
The company highlighted its environmental, social and governance (ESG) commitments and progress, which included its first formal material materiality assessment involving input from stakeholders.
Co-Founders Ajay Kochhar and Tim Johnston commented: “Our commitment to sustainability and ESG is at the heart of Li-Cycle’s business and defines our values and culture — it is core to the Company and to our management. Sustainability is also a competitive advantage for Li-Cycle. Our patented technologies enable us to recycle lithium-ion batteries in a more environmentally friendly way than incumbent approaches for recycling.”