Hydrocarbons remain the principle source of energy in 2019. Nevertheless, people in developed countries are now increasingly choosing electric cars, as petrol and diesel engines emit carbon dioxide www.businessfirstonline.co.uk in the atmosphere and pollute mid-air with nitrogen and sulphur compounds. The number of electric cars will are as long as 130 million towards the end of 2030 each home and office will probably use smart devices ran by batteries. Oslo, Hamburg, Copenhagen, Paris, London, Madrid already stated that they’re going to ban all vehicles taking care of petrol or diesel fuel in central areas. The way things are going, batteries will replace the environmentally damaging coal and oil as fuel sources.
Minerals for batteries should be extracted and processed with robust safety standards, proper working conditions, norms for responsible extraction and business ethics planned.
Take, as an example, cobalt. Over 2 / 3 of cobalt are extracted within the Democratic Republic with the Congo. Cobalt mining brings lots of employment for people around DRC but a substantial percentage may be tainted by illegal child labour.
In 2017, world leading companies including BASF, Enel and Volkswagen met in the World Economic Forum annual meeting in Davos to go over business ethics in minerals extraction to the manufacture of batteries. As a result, the companies came together to found the Global Battery Alliance, with Eurasian Resources Group being a founding member, aimed at prohibiting the application of child labour and promoting battery recycling to boost the sustainability with the industry.
The CEO of Eurasian Resources Group, Benedikt Sobotka reiterated the business’s dedication to help tackle child labour inside Democratic Republic of the Congo. He hopes that through the Alliance and collaboration between major companies, international organisations and civil society, the illegal involvement of youngsters in mining in the battery supply chain will be addressed.
Through longstanding partnerships including while using Good Shepherd Sisters and Pact, Eurasian Resources Group focuses on helping tackle child labour and strengthen child protection norms.
In 2018 and early 2019, ERG continued to aid a lot more than 10,000 students through its educational initiatives inside DRC.
Benedikt Sobotka, CEO of Eurasian Resources Group, holds that the global battery sector should confer benefits to its participants throughout the value chain including children and local communities in the DRC.