Revised standard supports ethically-sourced cobalt

September 6, 2021 EcoVadis ‏‏‎

The Responsible Minerals Initiative (RMI) and the Responsible Cobalt Initiative (RCI) have collaborated to improve cobalt sourcing standards. 

The RMI and RCI have revised the Cobalt Refiner Supply Chain Due Diligence Standard, originally released in 2018, to support companies’ responsible production and sourcing activities within cobalt supply chains.

The revised standard comes after a multi-year review into the process and the results of independent third-party assessments including feedback from refiners, auditors and customers.

Cobalt is an essential material in the construction of batteries for electric vehicles. It is said to be critical for the transition to renewable energy, and cobalt usage is predicted to increase by 60% by 2025. 


Read the full article at: www.cips.org

About the Author

EcoVadis ‏‏‎

EcoVadis is the world’s most trusted provider of business sustainability ratings, intelligence and collaborative performance improvement tools for global supply chains. Backed by a powerful technology platform and a global team of domain experts, EcoVadis’ easy-to-use and actionable sustainability scorecards provide detailed insight into environmental, social and ethical risks across 200+ purchasing categories and 160+ countries.

Follow on Twitter Follow on Linkedin Visit Website More Content by EcoVadis ‏‏‎
Previous Article
VIA Outlets focuses on sustainability with pop-up shops 
VIA Outlets focuses on sustainability with pop-up shops 

European clothing retailer VIA Outlets has kick-started a new sustainability initiative with the launch of...

Next Article
How to maximise supply chain visibility
How to maximise supply chain visibility

These turbulent times mean it is more pressing than ever to strive for greater supply chain visibility and ...

×

New initiatives, tough challenges, inspiring stories of innovation in sustainable supply chain - straight to your inbox, monthly. Sign up now →

First Name
Last Name
Opt in to receive more information from EcoVadis
Thank you!
Error - something went wrong!