Energy Vault publishes Climate Change Mitigation Transition Plan

• Energy Vault set a net-zero target for Scope 1, 2, 3 emissions by 2045, aligned with a 1.5°C pathway.
• Near-term goal targets a 63% absolute cut in Scope 1 and 2 emissions by 2035 from a 2024 base year.
• Long-term plan targets a 90% absolute reduction across all scopes by 2045 from the same base year.
• Residual emissions capped at 10% of 2024 levels, to be neutralized with carbon removals; no carbon credits to replace value-chain cuts.
• Plan applies an internal carbon shadow price of USD 50 per metric tonne CO2e across Scopes 1, 2, 3, with annual progress disclosure.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Energy Vault Holdings Inc. published the original content used to generate this news brief on September 09, 2026, and is solely responsible for the information contained therein.