At NOVONIX, we are committed to advancing battery technology to support a cleaner, more sustainable future.
As a leading battery materials and technology company, we provide high-performance materials and innovative solutions that enhance the efficiency and longevity of lithium-ion batteries.
Sustainability remains at the core of our business as we continue to scale our operations. With our first anode production facility set to come online in 2026, we are taking a critical step toward strengthening the North American battery supply chain with low-emission, high-performance materials. Our proprietary anode and cathode technologies are designed to improve battery performance while reducing environmental impact—supporting the transition to localized, cleaner energy solutions.
Environment
Our mission is to develop innovative, sustainable technologies and high-performance materials to service the electric vehicle and energy storage industries.
Social
The health, safety, and wellbeing of our employees and the communities we operate in are essential to NOVONIX’s success and growth.
Governance
NOVONIX believes corporate governance is central to its business objectives and a critical element contributing to the preservation of shareholder value.
Environmental Benefits of NOVONIX Technology
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¹ Tennessee Valley Authority, 2022 Sustainability Report notes 52% of power is from carbon-free sources.
² The Life Cycle Assessment (LCA) conducted by Minviro Ltd. demonstrated a ~60% decrease in global warming potential (GWP) relative to conventional anode grade synthetic graphite versus Chinese product.
Sustainability Reports
Environmental
While we know that our battery materials and technology are key to enabling an electrified future, we recognize the need to reduce the impact of our operations, products, and corporate activities on the environment. Throughout our offices and facilities, we’ve made a commitment to sustainability.
NOVONIX’s Tennessee facilities are supplied by power from the TVA, which has an approximately 60% carbon-free power generation base with plans to increase this level to approximately 80%. Leveraging this clean energy, our proprietary continuous graphitization technology, fully continuous process flow, and high-purity feedstocks are producing what we believe to be some of the lowest GHG emission synthetic graphite in the world.
Learn more about how we’re driving a cleaner battery supply chain in our 2024 Sustainability Report.
Governance
As a company incorporated in Australia, we are subject to the Corporations Act 2001 (Cth), and are regulated by both the Australian Securities and Investments Commission and the Australian Securities Exchange. As a dual-listed entity, we must also comply with certain Securities and Exchange Commission regulations and Nasdaq listing standards.
Our commitment to the principles of sustainability and our ability to execute our ESG strategy are founded upon a corporate governance structure and principles designed to establish, support, and facilitate effective oversight of our key internal controls, policies and procedures, and risk management, and rely on all levels of the organization, beginning with the tone at the top.
Learn more about our governance practices and ESG strategy in the 2024 Sustainability Report.
Social
The health, safety, and wellbeing of our employees and the communities where we operate are essential to NOVONIX’s success and growth. We are committed to the development of meaningful policies and measurable targets in the areas of health and safety, and workplace culture and inclusion. Fostering a culture of safety and inclusion across our organization requires long-term commitment, and we are shaping our organization in a way that embraces these values.
By focusing on education, workforce development, community engagement, and industry leadership, we aim to drive meaningful impact. We recognize, respect, and embrace a more diverse and inclusive workforce, which we consider essential, as a technology company, to accomplish our mission to develop innovative, sustainable technologies and high-performance materials for the electric vehicle and energy storage battery industries.
Learn more about the policies, targets, and initiatives driving our impact in the 2024 Sustainability Report.