WEF Davos 2023: Eurasian Resources Group worked together with the Global Battery Alliance to launch the world’s first Battery Passport Proof of Concept

fr en de

The Global Battery Alliance (“GBA”), the world’s largest multi-stakeholder organisation to establish a sustainable battery value chain by 2030, where Eurasian Resources Group (“ERG”) is a founding member, today launched the proof of concept for its Battery Passport at the World Economic Forum’s Annual Meeting in Davos.

<< Back
18/01/2023 |
  • GBA battery passport code

The Battery Passport is key to facilitating the rapid scaling of sustainable, circular and responsible battery value chains to meet the targets of the Paris Agreement through electrification of the transport and power sectors. It has been developed over three years by the GBA’s members, who span the global battery value chain from the mine to recycling, including Audi, BASF, CATL, Eurasian Resources Group, Glencore, LG Energy Solution, Umicore, Tesla, Volkswagen AG, and IT solution providers as well as leading non-governmental and international organisations including IndustriALL Global Union, Pact, Transport & Environment, UNEP, UNICEF and many others, with the support of government institutions like the German Ministry for Economic Affairs and Climate Action, and Natural Resources Canada.  

Benedikt Sobotka, Co-Chair of the Global Battery Alliance and CEO of Eurasian Resources Group, founding member of the GBA, said: “The launch of the Battery Passport proof of concept is a major milestone on the road to creating a truly verifiable digital twin of a battery. The GBA’s Battery Passport is the first and only passport to be developed by stakeholders spanning the entire battery value chain, making it the standard bearer for battery transparency. Our attention will now turn to benchmarking Battery Passport data and issuing quality seals based on sustainability performance to provide a trusted source of data to end consumers, guiding purchasing decisions and triggering improvement actions across the value chain.”

Batteries are the key to unlocking the energy transition. At the same time, batteries are material- and resource-intensive with inevitable social and environmental impacts throughout the value chain. This includes greenhouse gas emissions during material sourcing, processing and manufacturing of batteries and issues of child labour and human rights violations. Bringing transparency to battery value chains through the introduction of the battery passport is a critical step towards establishing sustainable battery value chains in a rapidly growing industry.

The Battery Passport is the GBA’s flagship initiative, establishing a digital twin of a physical battery that conveys information about all applicable sustainability and lifecycle requirements based on a comprehensive definition of a sustainable battery. It will bring new levels of transparency to the global battery value chain by collecting, exchanging, collating and reporting trusted data among all lifecycle stakeholders on the material provenance, the battery’s chemical make-up and manufacturing history and its sustainability performance. The GBA’s Battery Passport is unique as it is a key instrument to implement a global vision of sustainable, responsible and circular battery value chains, based on data that is standardized, comparable and auditable. Its ultimate goal is to provide end-users with a quality seal based on the battery’s sustainability performance, according to reporting rules agreed by stakeholders from industry, academia, non-governmental organisations and government.

For the first time, the GBA has unveiled the illustrative results of its Battery Passport proof of concept at the World Economic Forum’s Annual Meeting in Davos. Publicly available on the Global Battery Alliance’s website, the prototype battery passports include example data from Audi and Tesla and their value chains partners relating to the battery’s technical specifications, material provenance, and reporting against key sustainability performance indicators (please note the disclaimer at the end of this release). This includes partial reporting of the battery’s carbon footprint, and child labour and human rights performance, according to rulebooks developed by members of the Global Battery Alliance for select materials, as well as information on the data collection across different steps of the value chains. By establishing this proof of concept, the Global Battery Alliance and its members are demonstrating how, by putting this data in the hands of end-users, the Passport will enable customers to make more informed purchasing decisions and drive sustainable sourcing, processing and manufacturing practices in the industry in the future.

Building on the ground-breaking efforts of the Global Battery Alliance, the concept of a Battery Passport has already been endorsed at the 2021 G7 Leaders’ Meeting, in the EU Battery Regulation and by the Canadian and U.S. administrations. A Battery Passport will become a mandatory requirement in the EU by 2026 with other regions likely to follow, which makes the launch of the GBA’s Battery Passport more important than ever to provide a globally harmonized framework for sustainability performance in the future.

Following the successful launch of the proof of concept, the GBA will continue evolving the battery passport architecture, including the development of a comprehensive and streamlined indicator framework. The members of the GBA will work jointly on developing rules and mechanisms for performance scoring, data governance, assurance and verification, including of IT instruments. Once completed, this will allow for batteries to be benchmarked against the GBA’s verifiable definition of a sustainable and responsible battery in the future, identifying those that are best and worst in class and tracking progress in the industry through the issuance of a GBA quality seal for batteries.

Inga Petersen, Executive Director of the Global Battery Alliance, said: “We are delighted to unveil our Battery Passport proof of concept, which is the result of many months of collaborative work with our members – ranging from automotive producers, mining corporations and technology companies, to NGOs, governmental bodies and other international organisations. This proof of concept is an important step towards giving investors, end-consumers and other stakeholders greater confidence in the responsible and sustainable production of EV batteries and the commitment to recycling and circularity.”

Back to top  | << Back

Communiqués liés

RSA Erik Lindeman

RSA launches technology and management liability insurance s...

RSA Luxembourg, part of Intact Insurance Specialty Solutions, today announces th...

RSA
Terminal Bettembourg-Dudelange Copyright CFL multimodal
10/09/2024

Lancement d'une nouvelle connexion intermodale entre Bettemb...

CFL multimodal a le plaisir d'annoncer le lancement de sa  nouvelle connexion i...

CFL multimodal
 DSC5136 ABI Graduate
09/09/2024

Experts from LUNEX award first micro-credentials in Rwanda o...

The Rwanda Ministry of Education (MINEDUC) formally inaugurated Syllabi, a publi...

Lunex
ERG's logo (002)
09/09/2024

ERG Notes that ENRC Secures Landmark Victory as Court of App...

Eurasian Resources Group (ERG), a leading diversified natural resources group he...

Eurasian Resources Group
Pierre Thomas X Jean-Paul Scheuren
03/09/2024 Partenariat

LetzToken et La Vie est Belle annoncent leur partenariat ouv...

«?LetzToken?», plateforme de tokenisation pionnière basée à Luxembourg, et ...

LetzToken
Metalkol
02/09/2024

ERG announces a Pre-Export Finance Facility Agreement based ...

Eurasian Resources Group (“ERG”, “The Group”), a leading diversified nat...

Eurasian Resources Group

Il n'y a aucun résultat pour votre recherche

We use cookies to ensure the best experience on our website. By accepting you agree the use of cookies. OK Learn more