Voluntary sustainability initiatives and ESG certifications in lithium-ion battery material supply chains: a thematic analysis of key drivers, barriers, and agents.
- Publication Type:
- Conference Proceeding
- Citation:
- 2023
- Issue Date:
- 2023-06
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Decarbonizing transportation is inducing a shift towards the adoption of electric vehicles (EV) and demand growth for commodities used in battery production such as lithium, cobalt, and other specialty metals, which will require new mining operations and expansion of existing ones increasing the related potential social and environmental impact. This study examines and synthesizes the drivers and barriers that might lead extractive companies to voluntarily adopt sustainability practices, including certification, to increase value-chain transparency related to social and environmental impact. Through a thematic analysis, drivers and barriers are surfaced and classified against their respective agents across the lithium-ion battery value-chain. This research aims to provide a system level perspective of factors influencing the adoption of voluntary sustainability initiatives related to raw material extraction and processing within lithium-ion battery supply chains. A preliminary analysis of two key themes emerging from this research is provided.
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