Solid Power, Inc..
SLDP.US | Manufacture of batteries and accumulators
Solid Power, Inc. is a developer of all-solid-state battery technology for electric vehicles and other applications. The company focuses on designing, developing, and manufacturing solid-state batteries, which are intended to offer improved energy density, safety, and performance compared to traditi...Show More
Better Health for All
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No evidence available to assess Solid Power, Inc. on Better Health for All.
Fair Money & Economic Opportunity
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Solid Power, Inc. is a developer of solid-state battery technology, focusing on manufacturing and licensing for electric vehicles.
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The company's core business does not involve lending, insuring, moving, or storing money for consumers.
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Therefore, all KPIs related to fair money and economic opportunity, which assess financial institutions' practices regarding consumer financial services, are not applicable to Solid Power's operations.
Fair Pay & Worker Respect
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No evidence available to assess Solid Power, Inc. on Fair Pay & Worker Respect.
Fair Trade & Ethical Sourcing
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Solid Power's Code of Business Conduct and Ethics, adopted in December 2021, requires fair dealing with suppliers and prohibits bribery and corruption.
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For federally assisted construction contracts exceeding $10,000 annually, the company must flow down Davis-Bacon Act requirements and Executive Order 11246 clauses (non-discrimination, affirmative action) to subrecipients, contractors, and subcontractors.
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This applies to a project with a total cost of $110 million.
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The company also states that it is subject to the Foreign Corrupt Practices Act and other anti-corruption, anti-bribery, and anti-money laundering laws and regulations.
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Honest & Fair Business
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The company adopted a formal Whistleblower Policy on December 8, 2021, which includes a 24/7 confidential and anonymous hotline and web portal for reporting.
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The policy prohibits retaliation against employees who report in good faith and ensures prompt and thorough investigations, with material complaints reported quarterly to the Audit Committee.
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The Global Anti-Bribery and Anti-Corruption Policy, also adopted on December 8, 2021, applies to all personnel and third-party representatives, explicitly prohibits all forms of bribery and corruption, and requires risk-based due diligence screening for third-party representatives.
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It also includes specific guidance on gift and meal value limits.
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Kind to Animals
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No relevant information regarding Solid Power, Inc.'s animal welfare practices, policies, or impacts was found in the provided article.
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The article explicitly stated it could not access external content and therefore contained no data points to assess against the KPIs.
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No War, No Weapons
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Solid Power, Inc. develops solid-state rechargeable battery products for both government and commercial markets, including electric vehicles.
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The company received a $2.9 million, two-year contract from the U.S. Air Force to develop battery technology for Intercontinental Ballistic Missiles (ICBMs).
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This indicates that the company's technology has direct military applications alongside its civilian focus, with no evidence of safeguards or monitoring for these dual uses. The company has also received funding from various government agencies including DARPA, ARPA-E, the U.S. Air Force, the National Science Foundation, the Missile Defense Agency, and NASA.
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There is no evidence of a formal policy or safeguards to prevent military applications of its technology, nor any verified zero exposure to controversial weapons.
Planet-Friendly Business
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No specific quantitative data was found in the provided articles to assess Solid Power, Inc. against the Planet-Friendly Business KPIs. While one article mentions reported reductions in water usage and carbon emissions for Solid Power in 2024, it does not provide the necessary absolute figures or ratios (e.g., total emissions in tCO2e, water use per revenue) to score against the rubric's quantitative thresholds.
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The articles primarily focus on the company's business strategy, financial performance, and general industry trends, or discuss the ESG efforts of other companies in the sector.
Respect for Cultures & Communities
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No specific, concrete evidence was found in the provided articles to assess Solid Power, Inc. against any of the KPIs for 'Respect for Cultures & Communities'. The articles discuss the company's inclusion in an index and an expansion project expecting to create 40 new jobs, but do not provide data on partnerships, community investment, cultural incidents, protocols, employment ratios, grievance mechanisms, or other relevant metrics.
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Safe & Smart Tech
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No evidence available to assess Solid Power, Inc. on Safe & Smart Tech.
Zero Waste & Sustainable Products
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No evidence available to assess Solid Power, Inc. on Zero Waste & Sustainable Products.