Supply Chain Act

In the race for future technologies, access to raw materials like lithium, manganese or cobalt is crucial for competitors. While Europe is focusing on sustainability with a supply chain law, China is foregoing minimum social or green standards for extraction.

Von Redaktion

Switching sides from business to politics is a rare occurrence in Germany. One of the few representatives is State Secretary Udo Philipp, responsible for the industry at the German Federal Ministry of Economic Affairs and Climate Action (BMWK).

According to researchers, the current spread of the M23 rebel group in eastern Congo is only partially related to raw materials and raises doubts about the goals of regulating raw material supply chains. Experts say the expectation that violent conflicts can be prevented by means of the EU Conflict Minerals Regulation is unreasonable.

Von Newsdesk

Although the business community supports a directive for sustainability obligations for companies, it should be realistic, implementable and proportionate, leading business associations warned in a joint letter yesterday. The signatories include Business Europe, Eurochambers and the European Textile Federation.

Von Newsdesk