Li-Cycle, leading lithium-ion battery recycler, Honoured to be Named to Fortune’s Change the World List for 2022.
Li-Cycle Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), an industry leader in lithium-ion battery resource recovery and the leading lithium-ion battery recycler in North America, is pleased to be named to Fortune magazine’s Change the World list for 2022.
Now in its eighth year, Fortune’s Change the World list showcases more than 50 companies that have made an important social or environmental impact through activities that are part of their core business strategy. This year’s list included 54 companies with 31 from North America.
Ajay Kochhar, Li-Cycle’s co-founder and CEO, said:
We are thrilled and honoured to receive this recognition from Fortune magazine, which is a great testament to all of the accomplishments the Li-Cycle team has achieved over the last year.
“Li-Cycle is helping accelerate the clean energy transition and is at the forefront of electrification due to our sustainable battery recycling technologies. Our business contributes to a circular economy while providing a sustainable source of critical materials for battery production.”
“We look forward to continuing to deliver value for all of our stakeholders as we grow our network of Spoke & Hub facilities globally, including the Hub in Rochester, New York, which is expected to be the first source of recycled battery-grade lithium carbonate in North America.”
Fortune’s Change the World list was selected and ranked by the editors of Fortune based on the magazine’s own reporting and analysis.
The most important factors when Fortune selected the honorees were: the company’s measurable social impact, its ability to effectively drive shareholder value, and its innovation in relation to other companies in its industry. The Change the World list was developed in collaboration with the Shared Value Initiative and the list is available at: https://fortune.com/change-the-world/.
About Li-Cycle Holdings Corp.
Li-Cycle (NYSE: LICY) is on a mission to leverage its innovative Spoke & Hub Technologies™ to provide a customer-centric, end-of-life solution for lithium-ion batteries, while creating a secondary supply of critical battery materials. Lithium-ion rechargeable batteries are increasingly powering our world in automotive, energy storage, consumer electronics, and other industrial and household applications.
The world needs improved technology and supply chain innovations to better manage battery manufacturing waste and end-of-life batteries and to meet the rapidly growing demand for critical and scarce battery-grade raw materials through a closed-loop solution. For more information, visit https://li-cycle.com/.
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Li-Cycle Honoured to be Named to Fortune’s Change the World List for 2022, Toronto, Ontario October 11, 2022