As we reflect on 2024, I am proud of Ecobat’s progress in advancing our sustainability goals.

Our commitment to responsible environmental stewardship and sustainable business practices remains central to creating long-term value for our stakeholders.

This year, we aligned our strategy with evolving international standards and new regulatory requirements. We advanced our Scope 3 greenhouse gas emissions methodology, refined Scope 2 calculations, and completed a Double Materiality Assessment to guide our financial and sustainability disclosures. We fostered continued collaboration with our supply chain partners and customers, highlighting our dedication to transparency and accountability.

We also achieved our highest Adjusted EBITDA since 2021, surpassing budget targets. Strategic initiatives have optimized operations, strengthened commercial execution, and enhanced our bottom line. These successes reflect our resilience and forward-thinking approach, with improvements in production, occupational health, and safety, thanks to our employees’ dedication.

Looking ahead to 2025, Ecobat’s objectives include optimizing North American operations, right-sizing SG&A expenses, and maintaining a strategic focus.

Together, we will continue to innovate, adapt, and lead in sustainable practices. Thank you to our customers and suppliers for your support and dedication to our shared vision.

Tom Slabe
President and Chief Executive Officer