Fresh Coast Guided American Battery Solutions Through The Process of Creating ESG Priorities and a Plan of Action.
Background of ESG Implementation Plan for American Battery Solutions
Fresh Coast Climate Solutions provided technical assistance to American Battery Solutions, a U.S.-based leader in advanced battery pack development and manufacturing for heavy duty applications, as part of Centrepolis Accelerator's MI Climate Wise Business Program. Interested companies can apply to the program for similar climate assistance.
The team surveyed diverse stakeholders, including employees, investors, advisors, and customers, and developed an ESG Materiality Matrix comparing company and external priorities. The team aligned with client leadership and developed an ESG Implementation Plan for ABS to demonstrate ESG progress, respond to customer inquiries, and contribute to corporate sustainability reporting.
Key Engagement Outcomes
An ESG Materiality Matrix, including identification of 10 priority ESG areas
An ESG Implementation Plan with goals, strategy, reporting metrics, and tactics for each ESG area to aid the client in sustainability planning and reporting
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