"SK Tes is beyond delighted to receive the 2020 MAR Innovation Award from Microsoft,” said Jim Meadowcroft, SK Tes Group Director of Value Recovery/Remarketing. “This achievement reflects our continued push to get useable refurbished technology in the hands of those that need it most. SK Tes is committed to sustaining tomorrow as we believe that our future is linked with the success of people and the planet.”
Reuters recognized SK Tes’s innovative Closed Loop Battery Recycling and IT Reuse Initiative. The company has made strategic investments in circular solutions that deliver economic, social, and environmental outcomes over traditional take-make-dispose models for end-of-life technologies.
SK Tes employs advanced recycling processes—auto-punching machines, shredders, separators, and chemical treatments—to recover cobalt, lithium, and other elements with no harmful emissions. These capabilities are vertically integrated with reuse and repurposing strategies to create second-life battery energy storage systems with strong sustainability outcomes.
“Investing in technology that keeps SK Tes at the forefront of the sustainability movement is in our DNA,” said Gary Steele, ex SK Tes Chief Executive Officer. “By 2030, over six million battery packs will retire from electric vehicles annually. With exponential growth in mobility, IoT, and energy storage, today’s global infrastructure is not equipped to provide closed-loop solutions at scale. At SK Tes, we are committed to helping close that gap.”