VUL megathread, page-4235

Auto companies put suppliers through their ESG paces, Vulcan Energy exec says

https://do not advertise external sites/Article/5081760/Copper/Auto-companies-put-suppliers-through-their-ESG-paces-Vulcan-Energy-exec-says.html

Quotes: "Automotive companies are putting potential suppliers of critical minerals through a vetting process to ensure their environmental, social and governance (ESG) approaches are aligned before considering offtake deals, an executive at Vulcan Energy said."

"Vincent Ledoux-Pedailles told Fastmarkets in an interview that this represents a marked change in the way automakers are approaching their purchasing of lithium, cobalt, nickel and other key minerals for their supply chains."

"Even more recently, automakers have introduced the initial screening with ESG teams to ensure that projects are in line with their own net-zero carbon and other ESG strategies, he said."

"It is a test that Vulcan Energy has taken, and passed, multiple times already."