Managing the risks and impacts of a battery energy storage system (BESS) project begins with understanding the environmental, human rights and supply chain implications associated with lithium-ion batteries.
- Supply Chain Risks: Lithium-ion battery production, from mining to integration, exposes businesses to financial, reputational, and regulatory risks, potentially increasing costs.
- Sourcing Challenges: Ethical concerns around human rights and environmental impacts create procurement challenges for critical minerals.
- End-of-Life Management: Regulations increasingly require Battery Energy Storage System (BESS) projects to incorporate end-of-life plans, especially as recycling becomes crucial for future material supply.
To read more about the considerations that are inherent to a BESS project, see DNV’s insight articles, or take a look at its complimentary services to understand how DNV can be your trusted partner in mitigating the risks associated with BESS assets.
Insight Articles
Explore how DNV can help your BESS needs
Think Risk: The intersection of human rights, capital, and renewable energy
Human Rights Due Diligence and DNV
Battery recycling in Europe
Securing supply chain resilience?
Predicting the impact of Human Rights Due Diligence on Materiality Assessments
Will the incoming EU Human Rights Due Diligence on Human Rights Directive transform reporting expectations?
Decarbonizing the Nickel Industry in Indonesia
This study shows Indonesia’s significant potential to pioneer a greener nickel industry by harnessing its vast renewable energy resources.
ESG Handbook for marine minerals
The ESG Handbook provides the first edition of an ESG disclosure framework for the marine minerals industry.
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