The aim of this paper is to demonstrate lithium metal battery cells assembled with high potential cathodes produced by sustainable processes. Specifically, LiNi0.5Mn1.5O4 (LMNO) electrodes were fabricated using two different water-processable binders: pullulan (PU) or the bifunctional electronically conductive poly(3,4-ethylenedioxythiophene)-poly(styrene sulfonate) (PEDOT:PSS). The cell performance was evaluated by voltammetric and galvanostatic charge/discharge cycles at different C-rates with 1M LiPF6 in 1:1 (v:v) ethylene carbonate (EC):dimethyl carbonate (DMC) (LP30) electrolyte and compared to that of cells assembled with LMNO featuring poly(vinylidene difluoride) (PVdF). At C/10, the specific capacity of LMNO-PEDOT:PSS and LMNO-PU were, respectively, 130 mAh g−1 and 127 mAh g−1, slightly higher than that of LMNO-PVdF (124 mAh g−1). While the capacity retention at higher C-rates and under repeated cycling of LMNO-PU and LMNO-PVdF electrodes was similar, LMNO-PEDOT:PSS featured superior performance. Indeed, lithium metal cells assembled with PEDOT:PSS featured a capacity retention of 100% over 200 cycles carried out at C/1 and with a high cut-off voltage of 5 V. Overall, this work demonstrates that both the water-processable binders are a valuable alternative to PVdF. In addition, the use of PEDOT:PSS significantly improves the cycle life of the cell, even when high-voltage cathodes are used, therefore demonstrating the feasibility of the production of a green lithium metal battery that can exhibit a specific energy of 400 Wh kg−1, evaluated at the electrode material level. Our work further demonstrates the importance of the use of functional binders in electrode manufacturing.