Pact In The News
Six reasons why industry must end slavery in cobalt supply chainsOctober 12, 2022
In this Context article, Pact's Amayèle Dia and James McQuilken explore key reasons why it’s time for businesses to understand that it’s not just morally right to tackle modern slavery, it’s good for their bottom lines. Cobalt is critically important to the global economy and the Green Industrial Revolution, as it is a key component in rechargeable batteries, such as those used in electric vehicles. Unfortunately, given its often hazardous, exploitative and informal working conditions, DRC’s artisanal and small-scale mining (ASM) cobalt sector is also particularly vulnerable to modern slavery. Across DRC, approximately one million people are estimated to be living as modern slaves, with many of the working practices in ASM – and in some cases large cobalt mines – falling under this umbrella.