CBAK Energy Technology, Inc..
CBAT.US | Manufacture of batteries and accumulators
CBAK Energy Technology, Inc. is a China-based high-tech enterprise engaged in the research and development, manufacture, and sale of new energy high-power lithium batteries. The company's products are mainly used in electric vehicles (EVs), hybrid electric vehicles (HEVs), and electric tools. CBAK f...Show More
Better Health for All
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CBAK Energy's lithium-ion batteries contribute to better health by enabling electric vehicles, which reduce air pollution, and by replacing lead-acid batteries. Lead-acid batteries were linked to high blood lead levels in over 100 people in Zhejiang, China, leading to a government suspension of their manufacturing.
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The company's new 32140 battery model offers a 20% decrease in cost per kilowatt hour compared to the previous 26650 model.
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CBAK Energy is jointly developing an automatic production line for tab-less power lithium batteries and plans to develop lithium battery projects with 8 GWh capacity in Jiangsu Province.
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However, battery manufacturing processes, including those at CBAK Energy, involve emissions and waste, and the extraction of key materials like lithium and cobalt poses environmental challenges, contributing to a significant carbon footprint.
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Fair Money & Economic Opportunity
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CBAK Energy Technology, Inc. is a manufacturer and seller of lithium batteries, not a financial institution.
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The company's core business does not involve offering lending, deposit services, or other financial products to consumers. Therefore, all KPIs related to fair money and economic opportunity, which are designed for financial service providers, are not applicable to the company's operations. No evidence was found in the provided articles to suggest the company engages in any activities related to consumer financial services, fair lending practices, or financial inclusion initiatives.
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Fair Pay & Worker Respect
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No evidence available to assess CBAK Energy Technology, Inc. on Fair Pay & Worker Respect.
Fair Trade & Ethical Sourcing
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No evidence available to assess CBAK Energy Technology, Inc. on Fair Trade & Ethical Sourcing.
Honest & Fair Business
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No evidence available to assess CBAK Energy Technology, Inc. on Honest & Fair Business.
Kind to Animals
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No evidence was found in the provided articles to assess CBAK Energy Technology, Inc. against the 'Kind to Animals' ethical value. The articles primarily focus on the company's financial performance, production capacity, and general business operations related to lithium-ion battery manufacturing. There is no mention of animal testing, animal-derived ingredients, animal agriculture, wildlife conservation initiatives, or any policies or practices related to animal welfare.
No War, No Weapons
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No evidence available to assess CBAK Energy Technology, Inc. on No War, No Weapons.
Planet-Friendly Business
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The provided articles, including the annual report and investor presentations, primarily focus on financial performance, operational activities, and market strategies. They do not contain specific, quantitative data or formal disclosures related to environmental metrics such as Scope 1, 2, and 3 greenhouse gas emissions, renewable energy consumption, water usage, waste diversion rates, or the existence of science-based carbon reduction targets.
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Furthermore, there is no information regarding environmental compliance violations, climate-related capital expenditures, life-cycle impact assessments, or biodiversity initiatives.
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One article explicitly states a lack of publicly available carbon emissions data, specific reduction targets, or formal climate commitments, making it impossible to assess the company against the defined planet-friendly business KPIs.
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Respect for Cultures & Communities
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The provided articles do not contain specific, concrete data points for any of the KPIs related to 'Respect for Cultures & Communities'. , a 10-K filing, explicitly notes a 'Lack of data on community engagement, cultural impact assessments, and other CBAT-relevant metrics'.
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focuses on a conflict minerals sourcing policy, which is outside the scope of this ethical value as defined, and does not provide information relevant to community or cultural respect metrics.
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Safe & Smart Tech
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No evidence available to assess CBAK Energy Technology, Inc. on Safe & Smart Tech.
Zero Waste & Sustainable Products
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No evidence available to assess CBAK Energy Technology, Inc. on Zero Waste & Sustainable Products.