InfluenceMap publishes briefing on corporate engagement on the EU Critical Raw Materials Act, analysing EU industry advocacy
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"Corporate Engagement on the EU Critical Raw Materials Act," October 2024
New InfluenceMap research reveals that many European companies and industry associations from the chemicals, metals, energy, and utilities sectors covered by the LobbyMap platform supported circular economy provisions under the EU Critical Raw Materials Act, despite resistance from some mining and automotive sector groups...
Support for the Act’s circular economy provisions varied by sector. In the metals and mining sector, entities more active in metals processing and recycling such as Norsk Hydro, Aurubis and ArcelorMittal expressed the most support for increasing the circularity of CRM supply chains...
Support for circular economy provisions among companies and industry bodies representing the metals and mining industries varied depending on which subsector the groups belong to...
Despite broad support for provisions such as recycling and recovery targets, waste collection, and end-of-life recycling targets, the research found limited engagement on decarbonizing CRM supply chains, with only 33% of respondents covered by InfluenceMap supporting the decarbonization of CRM supply...
Despite their high level of engagement, there is no clear consensus from the automotive, and metals and mining sectors on the Act’s circular economy provisions...
As a result, more positive corporate advocacy aligned with IPCC science on decarbonizing CRM supply chains could bolster the existing support for circular CRM flows...