TES announced as winner by Guest of Honor Minister of Finance, Singapore, Mr. Lawrence Wong, in the United Nations Global Compact’s Apex Corporate Sustainability Awards.
TES, a leading global Sustainable Technology Lifecycle Solutions provider, was today announced as a winner in the Apex Corporate Sustainability Awards.
Competing against stiff competition, TES came out as the winner in the “Sustainable Solutions – SME” category, for TES Battery, Southeast Asia’s first battery recycling facility, which is located in Singapore.
Thomas Holberg, Global Vice President of TES Sustainable Battery Solutions, commented: “This is a fantastic accolade for our organization and the team, who have worked tirelessly to develop and perfect our proprietary battery recycling process.”
Holberg went on to add: “We don’t stop here. We have plans to build on our existing facilities in Singapore, Grenoble, and the Port of Rotterdam with a new site in Shanghai to be commissioned by the end of 2021, which will serve as a springboard to a much larger site in Northern China. Recognition like this along with our Sustaining Tomorrow vision will only help to motivate us further in our ambitious plans to take our battery recycling solutions further.”
For companies in Singapore, the award is the most prestigious recognition of corporate sustainability: it recognizes businesses whose solutions demonstrate the embodiment of the Ten Principles of the United Nations Global Compact.
The judging panel comprised several esteemed individuals, from Enterprise Singapore, Frost & Sullivan, National University Singapore, Singapore Business Federation, and Temasek Foundation. The accolade recognizes TES’s innovative proprietary mechanical and hydrometallurgical battery treatment process as an environmental and circular economy innovation that delivers a high recovery rate and closes the loop on scarce battery metals like cobalt, lithium, and nickel.
There has already been a huge increase in demand for lithium batteries, and this demand is set to increase exponentially as car manufacturers boost their electric vehicle outputs to meet sales demand—demand that is anticipated to be in the region of 21 million electric vehicles globally by 2030.
TES’s proprietary, in-house battery recycling technology breaks batteries down into fine substances. Copper, aluminum, nickel, commodity-grade cobalt, and lithium are recovered without introducing secondary contaminants into the atmosphere.
Jean Cox-Kearns, Chief Sustainability Officer at TES, added: “The world’s resources are getting scarcer, and it’s clear that a circular economy is the only sustainable path. It takes this type of investment to move away from the take–make–waste model. It is our vision, through innovation and research & development, to transition the fastest-growing waste stream into a raw material stream.”
Using proprietary processes, TES extends the lifetime value of batteries and their materials. The closed-loop solution focuses on the 4Rs: Repair, Reuse, Recycle, and Recover.
At the Recycle and Recover stages, TES processes yield commodity-grade purity rates >99% and create a closed-loop, reusing raw materials from end-of-life batteries to create new products. Additionally, in comparison to traditional recycling processes, TES's process has significantly lower CO2 emissions.
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