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Infyos finds 75% of world’s battery supply chain at risk of violating laws on forced labour

16 Sep 2024, 12:30 IST16 Sep 2024, 12:30 ISTRelevance: 85%
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📊Executive Summary

Infyos reports that 75% of the global battery supply chain is at risk of violating forced labor laws, highlighting severe human rights abuses in the lithium-ion battery sector. The research indicates that major battery manufacturers and automotive brands are linked to suppliers facing allegations of human rights violations, particularly in regions like the Democratic Republic of Congo and China's Xinjiang region. This situation poses significant risks for companies involved in the battery supply chain, necessitating proactive measures to mitigate these risks and ensure compliance with ethical sourcing standards....

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Classification

Industries

Automotive
Power & Energy

Components

Batteries & Power

Regions

China

Topics

Regulatory & Policy
Sustainability & Environment
Geopolitical Risk Electronics

Risk Categories

Regulatory Risk
Geopolitical Conflict