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Framing the issue

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ESG risks set to rise for electric vehicle manufacturers

Seven of the primary raw materials in lithium-ion batteries – cobalt, lithium, copper, manganese, nickel, graphite and bauxite – are categorised in a number of producing countries as posing an extreme or high risk across 20 ESG issues. With demand set to increase exponentially, this should provide an instant red flag for the industry operators who will increasingly face brand damage or regulatory penalties from the slew of emerging legislation addressing supply chain issues.

Using data from our Commodity Risk Service, we’ve analysed the global risk landscape for a host of materials going into EV production to reveal the potential risk exposure manufacturers face in existing sourcing locations and those likely to emerge as important commodity hubs in the future – Read more

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