Markets: Automotive, grid, industrial, portable
Solutions: Strategy, cells & battery systems, smart diagnostics
At Northvolt, sustainability is not a stand-alone strategy or function. It is at the core of our competitive advantage and the impact they strive to have. They believe that our batteries will enable the transition to a carbon neutral society and, as an organization, the way they conduct business will play a significant role in making this green transition more inclusive and ethical. It begins by sourcing responsibly and acknowledging our capacity to influence livelihoods around the supply chain. Our due diligence and traceability strategy will assure a value chain free of conflict, child labor and human rights abuses. They will also leverage our position in the chain to standardize decent employment and safe work environments, so benefits are felt beyond those directly contracted by us.
They have made a long-term commitment to producing the world’s greenest batteries and, as a result, environmental concerns guide decision-making within the company. They strive to make no compromise on our commitment to sustainability. Our production facility guarantees access to Sweden’s most sustainable energy grid. Investments in vertical integration and process design innovation at our research lab will enable us to continuously optimize resource use and reduce our ecological footprint.
Our priority is to build a circular system that disrupts the industry’s status quo on lifecycle management. They will take advantage of opportunities for industrial symbiosis and revaluing models within the Nordics. Materials will be sourced with similar compliance with the innovation, circularity and renewable energy principles that guide Northvolt itself. Our highest ambitions center on the end-of-life handling of our products, where they have ongoing R&D projects and a plan for our own recycling facility.
They recognise our responsibility as a global corporate citizen. They will work with employees, investors, partners, customers and communities to ensure that our products deliver integrated value and shape markets towards the achievement of the UN Sustainable Development Goals.