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Company Directory - Redwood Materials

Company Details - Redwood Materials

Redwood Materials Logo

Redwood Materials

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Redwood Materials is a company focused on recycling and processing battery materials for electric vehicles. It works to recover valuable metals from used batteries and create a circular supply chain, reducing waste and supporting sustainable energy practices.

CCI Score

CCI Score: Redwood Materials

47.50

-0.03%

Latest Event

Toyota and Redwood Materials Sustainable Battery Recycling Partnership

Toyota Motor North America and Redwood Materials have expanded their recycling agreement to develop a closed‐loop battery ecosystem. Under the new agreement, Toyota will procure recycled battery components, including Cathode Active Material and copper foil, from Redwood’s recycling operations, enhancing domestic sourcing and sustainability efforts.

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LEADER

Redwood Materials is currently rated as a Leader.

+45 to +100 CCI Score
Companies in this range actively lead the fight against authoritarianism by rejecting oppressive practices and championing democratic values. They implement robust policies, engage in transparent governance, and drive initiatives that set the standard for corporate responsibility.

Latest Events

  • Toyota and Redwood Materials Sustainable Battery Recycling Partnership Logo
    DEC
    08
    2023

    Toyota Motor North America and Redwood Materials have expanded their recycling agreement to develop a closed‐loop battery ecosystem. Under the new agreement, Toyota will procure recycled battery components, including Cathode Active Material and copper foil, from Redwood’s recycling operations, enhancing domestic sourcing and sustainability efforts.

  • +60

    Business Practices and Ethical Responsibility

    March 28

    The agreement demonstrates responsible business practices by promoting a circular supply chain, reducing waste, and supporting sustainable energy initiatives. Redwood Materials’ role in recycling and ethically sourcing battery materials aligns with progressive, environmentally and socially responsible corporate behavior.

    Toyota and Redwood Materials Agree to Battery Recycling, Materials Procurement

  • +50

    Economic and Structural Influence

    March 28

    By integrating recycled battery components into Toyota's production process, the partnership strengthens domestic supply chains and reduces reliance on carbon-intensive imports. This economic restructuring supports local industry and contributes positively to both environmental sustainability and economic resilience.

    Toyota and Redwood Materials Agree to Battery Recycling, Materials Procurement

  • Toyota Signs Supply Deal with Redwood Materials for Battery Components Logo
    NOV
    16
    2023

    Redwood Materials, a battery recycling and components company founded by Tesla cofounder JB Straubel, secured its first end-to-end supply agreement with Toyota. Under the long-term contract, the company will supply cathode active material and anode copper foil produced from recycled resources to support Toyota’s new U.S. battery manufacturing plant, reinforcing its circular supply chain model and domestic component sourcing strategy.

  • +40

    Business Practices and Ethical Responsibility

    March 28

    This deal underscores Redwood Materials' commitment to ethical and sustainable business practices. By leveraging recycled materials in their supply chain and promoting a circular economy, the company fosters environmental responsibility, a key component of ethical business practices.

    Toyota Signs On As First Carmaker To Buy Battery Components From Redwood Materials

  • +30

    Technology and Services Impact

    March 28

    Redwood Materials is leveraging innovative recycling technology to produce key battery components, which not only limits environmental waste but also fosters technological advancements in sustainable energy solutions.

    Toyota Signs On As First Carmaker To Buy Battery Components From Redwood Materials

  • +10

    Economic and Structural Influence

    March 28

    The supply deal strengthens domestic supply chains and promotes structural improvements in the battery production ecosystem, contributing incrementally to economic resilience and reduced dependency on external or potentially authoritarian sources.

    Toyota Signs On As First Carmaker To Buy Battery Components From Redwood Materials

  • Expanded Battery Recycling Collaboration Logo
    NOV
    16
    2023

    Toyota Motor North America and Redwood Materials announced an expanded recycling agreement aimed at creating a closed-loop battery ecosystem by integrating recycled battery materials directly into Toyota's supply chain, supporting sustainable and domestic manufacturing practices.

  • +85

    Business Practices and Ethical Responsibility

    March 28

    The collaboration demonstrates a strong commitment to ethical business practices by advancing recycling technology, promoting a circular supply chain, and reducing environmental waste, aligning with progressive sustainability goals.

    Toyota and Redwood Materials Agree to Battery Recycling, Materials Procurement

  • +75

    Economic and Structural Influence

    March 28

    By promoting a domestic supply chain for recycled battery components, the agreement enhances economic resilience and reduces reliance on carbon-intensive, international supply chains, which supports progressive economic and structural initiatives.

    Toyota and Redwood Materials Agree to Battery Recycling, Materials Procurement

Industries

33149
Nonferrous Metal (except Copper and Aluminum) Rolling, Drawing, Extruding, and Alloying
42393
Recyclable Material Merchant Wholesalers
56292
Materials Recovery Facilities