Altech Batteries Ltd Environmental, Social & Governance Update


Perth, Australia (ABN Newswire) – Altech Batteries Minimal ( ASX: ATC) (FRA: A3Y) is delighted to encourage that it has actually prepared its inaugural Environmental, Social and Governance (ESG) Report.

Altech is dedicated to the concepts of ESG as the most reliable ways of producing long-lasting business worth and attending to the social concerns preserved in the United Nations’ Sustainable Advancement Objectives. In February 2023, Altech made a dedication to start reporting on the ESG disclosures of the Stakeholder Commercialism Metrics of the World Economic Online Forum.

As Altech continues with its function of changing energy storage and battery products in order to support the energy shift from a nonrenewable fuel source carbon-based economy to a renewable resource economy, and as its CERENERGY( R) sodium-chloride strong state battery task along with its Silumina AnodesTM battery products tasks advance, the Business is dedicated to satisfying ESG finest practice. The ESG report will continue to progress and advance as Altech attains its goals.

Handling Director and CEO Mr Iggy Tan specified that “As we continue to grow, our function will direct us in making choices that benefit our stakeholders, including our staff members, investors, clients and the broader neighborhood. We will do this by giving market batteries and battery products that fulfill the growing need for sustainable electrical options. Our ingenious method offers a chance to change the market, create long-lasting development, and produce a favorable effect on the environment”.

To see the Altech ESG Report, please go to:
https://www.abnnewswire.net/lnk/SY18BP1B

About Altech Batteries Ltd:

Altech Batteries Minimal ( ASX: ATC) (FRA: A3Y) is a specialized battery innovation business that has a joint endeavor arrangement with world prominent German battery institute Fraunhofer IKTS (” Fraunhofer”) to commercialise the advanced CERENERGY( R) Salt Alumina Strong State (SAS) Battery. CERENERGY( R) batteries are the game-changing option to lithium-ion batteries. CERENERGY( R) batteries are fire and explosion-proof; have a life expectancy of more than 15 years and run in severe cold and desert environments. The battery innovation utilizes salt and is lithium-free; cobalt-free; graphite-free; and copper-free, removing direct exposure to vital metal rate increases and supply chain issues.

The joint endeavor is commercialising its CERENERGY( R) battery, with strategies to build a 100MWh production center on Altech’s land in Saxony, Germany. The center means to produce CERENERGY( R) battery modules to supply grid storage options to the marketplace.

Source:
Altech Batteries Ltd

Contact:
Business
Iggy Tan
Handling Director
Altech Chemicals Limited
Tel: +61 -8 -6168 -1555
Email: [email protected]

Martin Stein
Chief Financial Officer
Altech Chemicals Limited
Tel: +61 -8 -6168 -1555
Email: [email protected]



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