Global growth in electric mobility, portable electronics, and renewable energy storage has increased concerns about the environmental and economic impacts of managing end-of-life lithium-ion and lead-acid batteries. Although these batteries support the transition to renewable energy, their disposal presents significant challenges. Recycling has emerged as a key strategy to reduce resource depletion, limit pollution, and recover valuable materials. This study systematically reviewed and quantitatively synthesised the literature published between 2000 and 2025, assessing the environmental impacts of battery recycling programs. The review followed PRISMA guidelines to ensure a transparent and rigorous study selection process. Data from peer-reviewed articles, industry reports, and policy documents were analysed, focusing on indicators such as greenhouse gas emissions, energy use, material recovery efficiency, and economic returns. Statistical methods, including Hedges’ g, heterogeneity testing, and sensitivity analysis within a random-effects model, were applied to account for variability across technologies and battery types. The results show that recycling generally lowers emissions and improves resource recovery compared to virgin material extraction, though performance varies. Lead-acid recycling demonstrates stronger environmental benefits due to mature technologies and established systems, while lithium-ion recycling shows positive but lower gains, limited by higher energy demands and less-developed processes. Overall, recycling is essential for reducing environmental impacts and supporting a circular economy, though lithium-ion systems require further technological and policy advancements. These findings can be used by governments to strengthen regulatory frameworks to support recycling industries and invest in advanced lithium-ion recycling technologies to improve efficiency. Despite the existing limitations, the benefits of recycling outweigh the drawbacks, making it a necessary strategy for sustainable battery waste management.