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Li-Cycle Holdings Corp. (NYSE: LICY) has partnered with Daimler Truck North America (DTNA) to support DTNA's circular economy approach by recycling lithium-ion batteries from DTNA's electric vehicles. This initiative aims to reduce the carbon footprint and enhance sustainability efforts. Li-Cycle's recycling technology can recover critical materials, thereby creating a closed-loop battery supply chain. The partnership focuses on repairing, remanufacturing, repurposing, and recycling to maximize battery lifespans and minimize material waste.
Li-Cycle Holdings Corp. (NYSE: LICY) has released its 2023 Sustainability Report, highlighting significant achievements and future ESG (Environmental, Social, and Governance) initiatives. The report emphasizes enhanced ESG performance metrics, zero critical safety or environmental incidents since inception, a diversion of 84% of materials from landfills, and no Scope 1 emissions from recycling processes. Additionally, the company has joined the United Nations Global Compact and set a Board gender diversity target of 30%. Li-Cycle also issued its first Modern Slavery Report, compliant with Canada's Fighting Against Forced Labour and Child Labour in Supply Chains Act.
Li-Cycle Holdings Corp. (NYSE: LICY), a global leader in lithium-ion battery resource recovery, announced that CEO and co-founder Ajay Kochhar will participate in TD Cowen’s 2nd Annual Sustainability Week conference.
The event will take place on May 22, 2024, with Mr. Kochhar scheduled for a fireside chat at 3:05 p.m. ET.
Li-Cycle Holdings Corp. (NYSE: LICY) reported its first quarter 2024 operational and financial results, highlighting collaborations with the U.S. Department of Energy, new strategic agreements with top EV companies, a $75 million investment from Glencore, restructuring for cost savings, and a cash and cash equivalents balance of $109.1 million at the end of the quarter.
Li-Cycle Holdings Corp. (NYSE: LICY) will host its First Quarter 2024 Earnings Conference Call/Webcast on May 10, 2024, at 8:30 a.m. (Eastern Time). The company will release its financial results and provide a business update for the quarter ended March 31, 2024. Investors can listen to the conference call via webcast or dial-in numbers provided.