The European Union’s new Battery Regulation 2023/1542 has ramifications for battery suppliers and their supply chains in order to maintain their access to the European Market.
The regulation itself not only sets stringent standards for battery production and disposal but will also lead to mandatory carbon footprint calculations on batteries starting in 2024 – a service scope inclusive of Lifecycle Assessments which Bureau Veritas has been providing to our clients in technology for over 20 years, meaning we are ready to help businesses navigate this shifting landscape.
EU Battery Regulation & Mandatory Carbon Footprint Verification
The EU Battery Regulation 2023/1542, replacing the EU’s previous regulation (2015) on batteries sold in the market, partly focuses on the environmental impact of batteries.
Due to the regulation, businesses will be required to calculate the carbon footprint of their batteries starting in 2024 and make this available to the relevant authorities in order to continue access to the European market.
This move is designed to enhance transparency and take a step forward in the EU’s ongoing transition towards a low-carbon economy.
Implications for Businesses
The EU Battery Regulation, its mandatory carbon footprint verification rules and the other regulatory requirements outlined in the regulation, signify a large shift for the battery industry and access to the European Market.
Businesses must adhere to stricter standards in terms of material use, recycling targets, and labeling on their batteries. Businesses will also be held accountable for understanding and disclosing the carbon emissions associated with their products – adding further requirements for businesses to meet before selling in the European Market.