FREYR Battery (NYSE: FREY) ("FREYR"), a developer of clean, next-generation battery cell production capacity,joins the United Nations Race to Zero campaign bysigning the SME Climate Commitment. As part of the commitment, FREYR pledges to halve its greenhouse gas emissions before 2030, achieve net zero emissions before 2050, and disclose progress on a yearly basis.
"We are on a mission to decarbonize the society for a better planet. It is an obvious step for us to join the governments and businesses around the world to take immediate action to tackle climate change," said Tom Einar Jensen, the CEO of FREYR.
The small and medium-sized enterprises (SME) Climate Commitment provides SMEs with the opportunity to make an internationally recognized climate commitment which is aligned with the latest climate science. SMEs that make the SME Climate Commitment will be recognized by the United Nations Race to Zero campaign and join a wide range of governments, businesses, cities, regions, and universities around the world that are committed to achieving net zero carbon emissions.
"The science is clear, climate change poses a real threat to the economy, nature, and the society. We are proud to join the other SMEs around the globe on the journey towards net zero emissions. Together, we can make a real impact in cutting the carbon emissions to protect our planet for future generations," said Elizabeth Tate, VP Sustainability.
In November 2021, the UK is hosting the UN Climate Change Conference (COP26) in Glasgow that helps accelerate collaboration amongst governments, businesses, and civil society to deliver on climate goals faster. In addition to signing the SME Climate Commitment, Tom Einar Jensen, the CEO of FREYR will be speaking at The Building a Better Battery panel led by the US Department of Energy.
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