SHANGHAI, April 18, 2023 /PRNewswire/ -- On April 18, CATL announced its plan to achieve carbon neutrality across its core operations by 2025 and across the entire battery value chain by 2035 at the 20th International Expo of the Shanghai Automobile Industry (Auto Shanghai).
"For CATL, achieving carbon neutrality is our responsibility, demonstrates our ability and opens up more opportunities," said Jiang Li, secretary of the CATL board at the company's carbon neutrality strategy launch event, which was takes place on the first day of Auto Shanghai. CATL's lithium-ion battery volume soared to 289 GWh in 2022, and according to SNE Research, CATL held 37% and 43.4% of the global market share of global EV battery shipments and energy storage batteries, respectively. Therefore, CATL's carbon neutrality plan is of the largest scale in the lithium-ion battery industry.
To achieve zero carbon targets, CATL will carry out carbon reduction in five key links, namely mining, bulk raw materials, battery materials, cell manufacturing and battery systems with the support of its four manufacturing systems. innovation. Meanwhile, CATL widely promotes the CREDIT program in its supply chain. CREDIT is a transparency audit program on the sustainable value chain initiated by CATL, which consists of a sustainable development management mechanism, a code of business ethics, environmental protection, labor practices and responsible procurement. CATL hopes to use this program to enhance the sustainable development awareness of its supply chain partners and help them explore sustainable development potentials.
At this year's Auto Shanghai, CATL also demonstrated detailed battery passport information, which is a digital twin of the physical battery that contains information such as battery, raw material, ESG, and supply chain data. The Battery Passport is a pilot program launched by the Global Battery Alliance, and in the future, consumers will be able to view the various information of a battery by scanning the QR code on the Battery Passport, so as to acquire the necessary data when choosing batteries. low carbon. and responsible batteries. As a member of the new Board of Directors of the Global Battery Alliance, CATL will actively participate in the formulation and improvement of the regulations related to the battery passport to contribute to the transparency of the supply chain of the industry, the management of the traceability of the battery life cycle and battery recycling.
In recent years, CATL has been unremittingly striving for green development. In 2019, it took the lead in blockchain-powered commodity tracking in the industry. Its Yibin factory became the industry's first carbon-neutral battery factory in 2021 and was certified carbon neutral in 2022. CATL has driven more than 400 energy-saving projects in 2022, averting a total of 450,000 tons of carbon emissions and increasing the proportion of green energy electricity use to 26.60%. Through a series of technological innovation and accumulation of experience, CATL has not only equipped itself with leading competitiveness in carbon neutrality at home and abroad, but also injected vitality into the high-quality development of the industry.
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