Principles
Our Business Principles are deeply ingrained principles that guide all of our actions, behaviours, and decision-making.
At NOWOS, we envision a global economy that uses business as a force for good. This economy is comprised of a new type of corporation, which is purpose-driven and creates benefit for all stakeholders.
This people oriented, environmental approach is also expressed in the company name: ‘NOWOS’, meaning a new common spirit, living again¹.
Our Mission:
Our mission is to create a circular economy for Lithium-Ion batteries that has a positive effect on the planet, people and profit. We aim to add value by treating used Lithium-Ion batteries not as waste, but as a valuable material for re-creation.
NOWOS aims to implement the full EPR of lithium-ion batteries by providing for the entire waste hierarchy – including repair and reuse – to support the circular economy for lithium-ion batteries. Our aim is to extend the life of products and ultimately reuse and recycle raw materials in the best way possible.
Our core activities:
¹ “Nous” meaning “spirit” in Greek and “we” in French: our common spirit, we are in this together.
Our Business Principles are deeply ingrained principles that guide all of our actions, behaviours, and decision-making.
NOWOS has been structured and is managed in such a way as to ensure we can achieve our mission.
NOWOS’s approach to sustainable urban mining is governed by our own principles and standards.
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