Cobalt is a ferromagnetic heavy metal that enhances the stability and performance of lithium-ion batteries and is used as a (steel) alloying element. It is a critical raw material and mainly mined in the Democratic Republic of Congo (DRC).

Applications.

• Batteries (high- and low-voltage)
• Alloys 

Risks.

• Environmental impacts of mining waste on water, soil, air and people, e.g. from acidic and toxic mine water
• Deforestation and the associated loss of biodiversity
• Violation of workers’ rights through absence of occupational health and safety measures and inadequate remuneration
• Child labour
• Forced labour
• Armed conflict
• Endangering the rights of local communities and indigenous peoples
• Corruption 

Preventive measures.

• Contractual assurance by suppliers of compliance with ESG standards (e.g. certification)
• Collaboration with suppliers along the supply chain to:
  • Increase the recyclate rate  
  • Reduce CO₂ emissions and conserve resources
• Raw material supply via selected suppliers
• Implementation of corrective actions after audits 
• Implementation of Cobalt for Development field project
• Establishment of traceability systems

Active involvement in initiatives.

• Battery Pass Consortium: Collaboration to develop a battery passport based on the new EU battery regulation

Overarching policies and commitments