Summary

• Published a new Supplier Code of Conduct that now clearly requires respect for all human rights and requires suppliers of any minerals from CAHRAs to apply the OECD Due Diligence Guidance. However, the new SCoC also relaxes the mandatory requirement for suppliers to set science-based targets which had previously been mandated in the earlier Green Procurement Guidelines. 
• Continues to demonstrate best practice in supplier engagement on emissions reductions: the company required 500 main suppliers to submit GHG emissions reduction targets to the SBTi for validation, with 35% already approved. 
• Since September 2024, has required suppliers in seven high-emission material sectors, including steel, aluminium, and battery, to provide the carbon footprint of their parts and submit reduction proposals when participating in tenders. 
• The only company to have set 2030 goals on both battery recycling and decarbonization: with a goal to recycle and reuse 80% of cobalt, lithium and nickel from its end-of-life batteries and another to reduce the carbon footprint of its batteries by up to 35% by 2030. 
• The only company to have signed procurement agreements for low-carbon cobalt, nickel and lithium. 
• Discloses more information regarding identified human rights risks, including detail as to where in the supply chain these risks occur., but does not yet disaggregate identified risks per relevant raw material, tier, and geographical location. 
• Has become a member of both RMI and IRMA, but does not yet disclose evidence of directly engaging suppliers regarding IRMA auditing and due diligence implementation. 
• Now explicitly requires suppliers to respect the UNDRIP and FPIC, and is one of only five companies to expressly include risks to FPIC and other Indigenous Peoples' rights in their risk assessment through to the point of extraction.