About the Global Battery Alliance In 2019 the
Global Battery Alliance (GBA) published ‘A vision for a sustainable battery value chain 2030' outlining the need to rapidly scale sustainable, responsible and circular battery value chains as a major driver to meet the Paris Agreement targets. The 2023 update to this report ‘Battery 2030: Resilient, sustainable and circular' in collaboration with McKinsey, highlights staggering growth forecasts, projecting that the entire lithium-ion (Li-ion) battery chain, from mining through recycling, could grow by over 30 percent annually from 2022 to 2030, when it would reach a value of more than $400 billion and a market size of 4.7 TWh. To manage the environmental, social and governance impacts of the rapidly growing industry, transparency and collective multistakeholder engagement and action are vitally important. With that in mind, the GBA conceptualized the Battery Passport as a framework to increase transparency and accountability across the battery value chain. The battery passport is a digital product passport that conveys information about all applicable sustainability and lifecycle requirements based on a comprehensive definition of a sustainable battery. Its ultimate goal is to provide end-users with an ESG score based on the battery's sustainability performance, according to reporting rules agreed by stakeholders from industry, academia, non-governmental organizations and government.