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The EV revolution will take batteries, but are they ethical?

Up-and-coming IRMA positions itself as the most rigorous third-party mining standard to emerge. . . Microsoft, Tiffany and Anglo American are already IRMA members; BMW is the first carmaker to sign up.

Adria Vasil, Corporate Knights

“. . .The EV revolution has been racking up a whole supply chain of trouble around the globe (including a recent lawsuit) related to an onslaught of often-contentious new mines opening to meet surging battery-metal demand, not to mention the coming tide of e-waste from old batteries.

If we want to fix this before e-cars take over the roads (30% of car sales should be electric across the EU and North America by 2030, analysts forecast), the time to ensure it’s done right is now. A handful of companies are trying to get out ahead of looming environmental and social risks. . .”

Read the full Corporate Knights article >

Photo credit: Lithium mines in Chile, Open Commons.

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BMW Group joins the Initiative for Responsible Mining Assurance

BMW Group has become the first carmaker to join the global effort for the third-party certification of social and environmental performance at mine sites.

“Sustainability is an important aspect of our corporate strategy and we are fully aware of our responsibility in mineral value chains.” said Dr. Andreas Wendt, member of the board of management of BMW AG responsible for Purchasing and Supplier Network. “For the BMW Group and its stakeholders, it is of the utmost importance that environmental and social standards are adhered to throughout the entire value chain. Raw materials form the basis for every industrial production process and our need will continue to grow accordingly,” underlined Wendt. “We believe that IRMA, with its ambitious certification standard, will contribute to enhancing responsibility in global value chains and improving environmental and social performance.”

. . . “The auto sector is a powerful purchaser of materials that come from mines. We are happy to have the BMW Group join IRMA and we look forward to supporting their commitment to increasing environmental and social responsibility in their supply chains,” said Aimee Boulanger, Executive Director of IRMA.

Read the full article on miningglobal.com >

Photo credit: Andreas Riedelmeier from Pixabay.

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Can Lab-Grown Diamonds Ever Really Be Sustainable?

In recent weeks, we have seen several lab-created diamond producers move away from calling themselves “eco-friendly.” That’s largely due to the Federal Trade Commission’s (FTC) warning to lab-grown diamond producers that they should stop using “general benefit environmental claims” like eco-friendly and sustainable, and in part due to a growing cry that companies need to actually prove their eco-friendliness, beyond saying bad things about diamond mines.

Natural diamond miners will soon get a chance to label their gems with a similar phrase—“responsibly mined”—thanks to the work done by the Initiative for Responsible Mining Assurance (IRMA), Mathuram notes. That label could also be used to certify the gold and other mined metals used to create lab-diamond jewelry.

Read full article on JCK Online

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