This week we speak with Mathy Stanislaus the Director of Public Policy at the Global Battery Alliance.
Today’s episode is not what you think. Batteries hold the potential, and I would even say the ‘key’ to revolutionize our transport and energy system. In this episode, you won’t hear about the technological leaps in battery technologies. Instead, you will hear about a sector hearing the call for greater social and environmental responsibility. This needs to be integrated into their entire lifecycle. As Mathy says, companies can no longer paper over their social and environmental responsibilities. That is, firms can no longer pretend they are isolated entities in the value chain, rather, they hold just as much responsibility over the development of their sector as the firms and organizations above, below and next to them.
The Global Battery Alliance is spun out from efforts from the World Economic Forum to address issues of child labor. The central role batteries can play in a clean energy transition tips the producers of batteries into a favorable market opportunity, but they must also clean up their business.
As you will hear Mathy explain, there is global competition developing between countries but also a desire to ensure the pursuit of batteries provides opportunities for all. Verification of the social and environmental impact of batteries, both upstream, downstream and in the reuse of the materials is now central for the sector to demonstrate it is a clean technology. Thus the topic of justice and equity are hit on, but so is the topic of data management and the role that transparent data collection and verification plays in meeting the demands of the Paris Agreement.
Our discussion on the central role of data reflects my discussion in the last episode with Marco Schletz, episode 28 around blockchain technology. Mathy hits on the same points about the ability of well-collected data creating more transparency around resource use and efforts to do so on a large meta-scale.
Access to financing now hinges on demonstrating through data, the socially and environmentally sustainable measures each company deploys to ensure they are creating green, clean and equitable energy.