Listen to Michael Reckordt, Resource Policy Expert from German organisation Powershift.
We've all heard about the global dilemmas surrounding resources like cobalt, essential for the technology in our mobile phones, but often sourced from regions with questionable human rights records.
The energy transition, the production of batteries, electric vehicles, and the transmission of renewable energy all rely heavily on raw materials, including cobalt, nickel, lithium, and rare earth elements. These minerals are concentrated in a few countries, making them susceptible to geopolitical supply disruptions.
International institutions, including the United States and the European Union, have been working on critical minerals strategies, with Europe's proposed Critical Raw Materials Act currently at a pivotal stage.
In this episode, you’ll hear more about:
“We hope with due diligence laws, with the battery regulation and maybe with a lot of improvement with the Critical Raw Materials Act, there might be a better chance to address not only armed conflicts but also water and land conflicts in the future. But still, as long as we need more and more metals, there will be pressure on local communities.”
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What are the most important elements of a strong corporate human rights due diligence strategy? Listen to Niklas Wehner, Director of Corporate Responsibility International for ALDI South Group
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What progress has been made on real living wages? Listen to Petter Forslund, Engagement Manager at AP2 and Steering Committee Member of the Platform Living Wage Financials
Can human rights due diligence improve corporate financial performance? Listen to Dr Siniša Milatović, Programme Manager at UNDP and Olena Uvarova, UNDP Business and Human Rights Specialist as well as Associate Professor at Yaroslav Mudryi National Law University in Ukraine
