Renewable energy growth depends on a circular economy for batteries

December 30, 2020 EcoVadis ‏‏‎

The renewable energy sector is growing at an exponential rate. In 2020, for the first time, renewables have generated more electricity in the U.K. than fossil fuels and according to the International Energy Agency, solar energy is the "cheapest electricity in history." Yet while the capacity of the renewable energy sector is strengthening, renewables still only account for 11 percent of the world’s primary energy. This is just twice the proportion provided by renewables more than 50 years ago, and with the United Nations expecting an overshoot of the Paris Agreement 2030 targets — nearing 32 billion metric tons of CO2 emissions — the pace of the transition to renewables needs to be accelerated.

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EcoVadis ‏‏‎

EcoVadis is the world’s most trusted provider of business sustainability ratings, intelligence and collaborative performance improvement tools for global supply chains. Backed by a powerful technology platform and a global team of domain experts, EcoVadis’ easy-to-use and actionable sustainability scorecards provide detailed insight into environmental, social and ethical risks across 200+ purchasing categories and 160+ countries.

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