Responsible and ethical sourcing of raw materials is an essential part of the EU policy. Several EU legislative initiatives set up a framework for companies to identify, assess and address adverse impacts of their activities on human rights and the environment.
Streamlined EU sustainability due diligence rules and reporting requirements help harmonise and improve responsible sourcing due diligence of minerals and metals principles throughout global value chains.
Responsible sourcing is becoming a differentiating factor in customers’ choices. Societal expectations and EU legislative initiatives on due diligence have increased the regulatory pressure on metal producers to demonstrate ethical sourcing of their raw materials.
We support EU actions ensuring resilient and ethical supply chains. It is crucial that all relevant due diligence legislation, such as theCorporate Sustainability Due Diligence Directive (CS3D), theCorporate Sustainability Reporting Directive (CSRD), theConflict Minerals Regulation, and theEU Forced Labour Regulation, include consistent and streamlined requirements .
The EU due diligence legislation should be risk-based and help the EU make a real impact on the ground, ensuring a level playing field with third countries and downstream companies. In this context, it is essential that:
