Aviva Urges Businesses to Mitigate Lithium-Ion Battery Risks

Aviva is calling on businesses to take proactive steps in managing the risks associated with lithium-ion batteries. Recent survey data reveals that these batteries are crucial to daily operations for 95% of businesses, with one-third (33%) of respondents labelling them as “essential” or “critical.”

However, the survey also highlights that many businesses are neglecting basic safety measures for handling, storing, charging, and disposing of lithium-ion batteries. Alarming findings show that 45% of respondents do not conduct regular inspections for damage, 45% use non-certified chargers, and 46% admit to allowing batteries to overcharge.

Lithium-ion batteries are found in everyday devices like smartphones, laptops, tablets, power tools, e-bikes, and e-scooters and are increasingly essential in commercial environments. 

For example, they power portable tools on construction sites, battery-driven forklifts in warehouses, and fleets of electric vehicles for transport.

These batteries offer a more environmentally friendly alternative to conventional options, and businesses clearly recognise their operational value. However, as Chris Andrews, Director of Aviva Risk Management Solutions (ARMS), notes, “this new technology doesn’t come without risks.”

Understanding the Risks of Lithium-Ion Batteries

Lithium-ion batteries contain a mix of chemicals that can elevate fire risks, often due to physical damage, manufacturing defects, unauthorised modifications, or improper charging. 

These issues can trigger “thermal runaway”—an uncontrollable rise in temperature that can result in fires that are difficult to control or extinguish.

Charging practices also contribute to battery-related risks. About half of respondents report using certified chargers (55%) and avoiding overcharging (54%). Fewer businesses ensure that charging areas are well-ventilated (42%) or non-flammable (38%).

Proper Disposal and Training Are Essential

Because of the risks, lithium-ion batteries should not be thrown away in regular trash or recycled with other battery types. When disposing of lithium batteries, you should contact a professional team to ensure safe protocols take place.

At Lithium Cycle, we specialise in collecting and recycling lithium batteries for businesses, ensuring safe and secure disposal methods. With our help, businesses can ensure they are acting safely whilst following UK regulations and guidelines surrounding battery waste.