Officially announced at the World Economic Forum 2020, ERG together with 42 international organisations endorsed ten guiding principles to fostering the creation of a sustainable global battery value chain. The ten principles are an important first step in realising the Global Battery Alliance’s 2030 vision. According to a recent study, batteries can reduce transport and power sector emissions by 30%, create up to ten million safe jobs and provide electricity to 600 million people. In the next decade, batteries will be a major driver in reducing the carbon footprint of the transport and power sectors, which are currently responsible for 40% of annual carbon emissions globally.
The ten guiding principles are:
Embedding circular economy approaches to become a major driver to achieve the Paris Agreement by:
1. Maximising the productivity of batteries
2. Enabling a productive and safe second life use, circular recovery of battery materials
Creating new jobs, additional economic value and contribute to establishing a low-carbon economy by:
3. Ensuring transparency of greenhouse gas emissions
4. Securing their progressive reduction
5. Prioritising energy efficiency measures
6. Increasing the use of renewable energy
7. Fostering battery-enabled renewable energy integration, high quality job creation and skills development
Safeguarding human rights and economic development consistent with the UN Sustainable Development Goals by:
8. Eliminating child and forced labour
9. Protecting public health and the environment
10. Supporting responsible trade and anti-corruption practices, local value creation and economic diversification
ERG received excellent exposure in many publications including Power Technology, ESI-Africa, Mining.com and Merkur.