Responsible business designed to enable a sustainably energized world
Sustainability Commitment
Energy Vault is committed to sustainability as reflected in our core mission, our focus on responsible business management practices, and our dedication to sustainable production design and supply chain management. Energy Vault respects our business relationships and works to be a good responsible partner to our suppliers and customers around the world.
Energy Vault's 2024
Sustainability Report
In our third annual Corporate Sustainability report, we feature delivered projects across our innovative technology portfolio, highlighting the progress and evolution of sustainability in our corporate strategy.
Task Force on Climate-Related Financial Disclosures | TCFD
In 2023, we worked to better understand the recommendations of the Task Force on Climate-related Financial Disclosures [TCFD] and how they could be implemented at Energy Vault. We also conducted our first climate scenario analysis, assessing both transition and physical risks across our global operations.
Double Materiality Tiers
1
- Human rights in the supply chain
- Raw materials usage and availability
2
- Suppliers and contractors due diligence
- Worker health and safety
- People development
- Non-recyclable waste
- Impact in the value chain
- Technology innovation
3
- Corruption prevention
- Property rights compliance
- Data protection and privacy regulation compliance
- Customer grievance management
- Job creation
- Technology innovation
Sustainability Insights l LCAs
Energy Vault performs Life Cycle Assessments (LCAs) on all products. Using LCAs to understand our life cycle impacts, we model out design changes to optimize for material selection, durability, recyclability and energy density. Data-driven insights derived from our LCAs propel our efforts in sustainable innovation.
Sustainability Task Force
Energy Vault established a Sustainability Task Force (STF) to encourage the interdepartmental collaboration and cross-functional support required to embed sustainability into the nucleus of employee behavior. At the department level, Sustainability Task Force members are responsible for identifying functional sustainability metrics, setting sustainability goals, tracking ESG performance, and contributing to sustainability-related reporting.

Edward Johnson

Sachin Deshpande

Carly Yarborough

Hanna Laikin

Mithila Utrankar

Hugo de Bolio

Scott Miles

Bina Ansari

Jason Woolman

Jayin Patel

Jeanine Turell

Stefano Broggi
Sustainability Synergies

United Nations Global Compact
Aligning with the UN SDGs and participating in UNGC accelerators

UN SDGs
We support the UN Sustainable Development Goals (SDGs) through development of SDG ambition strategies

S&P Global Sustainability Yearbook
Inclusion in S&P Global Sustainability Yearbook with Industry Mover designation

Science Based Targets Initiative
Validation of Energy Vault’s near-term emissions reduction targets

TCFD Reporting
Disclosed in alignment with Task Force on Climate-related Financial Disclosures (TCFD) recommendations

Global Reporting Initiative
Reporting in accordance with GRI Standards on an annual basis



ISS ESG Prime Status
Prime status for ambitious performance above sector thresholds (as of 10/16/23)

World Economic Forum
Signed partnership with WEF on commitment to sustainable and equitable energy solutions
Certifications & Standards
Policies, Statements, & Commitments
Quality and Environment
Quality & environmental, energy, waste, water, and raw material management
Biodiversity
Energy Vault’s commitment and ambition related to biological diversity
No-Deforestation
Energy Vault’s commitment and ambition related to deforestation
Health & Safety
Occupational health & safety policy, statement and goals
Supplier CoC
Code of conduct for suppliers, subcontractors and third-party intermediaries
Supply Chain ESG
Procurement and supply chain ESG practices and programs statement
Labor and Human Rights
Policy on labor & human rights of employees and throughout our supply chain.
Modern Slavery
Modern Slavery Statement for Australian and UK compliance