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How to Manage Risk and Boost Transparency in the Raw Material Supply Chain

EcoVadis

With around 50 percent of the world’s reserves held by the Democratic Republic of the Congo, cobalt, commonly used in automotive and electronic products, requires particular attention. Umicore, a global materials technology and recycling group, introduced its Sustainable Procurement Framework for cobalt.

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Regulations to Prevent Modern Slavery in Supply Chains 

Exiger Perspectives

While the Directive does not outline specific sanctions for non-compliance, it aims to improve corporate governance practices regarding the procurement of raw materials, increase accountability, expand access to remedies, and create legal certainty in the single market.