Energy Efficiency, GHG Emissions, Industrial  -  July 24, 2024

Ascend Elements Commits to Setting SBTi Goals

Ascend Elements, a Massachusetts-based battery materials company, committed to setting emissions reduction targets at the pace and scale required by climate science and in accordance with the Paris Agreement goals and is developing science-based targets for review and validation by The Science Based Target Initiative's (SBTi) technical experts.

The SBTi recognized the company’s commitment to set near-term and net-zero company-wide emissions reductions in line with climate science. This is the first step in the company’s decarbonization journey with SBTi.

“We’re working to make EV battery materials more sustainable, which helps EV OEMs accelerate their net zero goals,” said CEO Mike O’Kronley in a statement. “At the same time, we’re taking aggressive steps to achieve net zero in our own operations. Part of that involves setting science-based net zero targets that exceed the minimum requirements. The latest climate science sends a clear warning that we must dramatically curb temperature rise now to avoid catastrophic impacts for our children and grandchildren.”

By committing to set a science-based net-zero target aligned with SBTi requirements, Ascend Elements also becomes part of the United Nations’ Race to Zero campaign.