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Securing supply chains with the Critical Raw Materials Act

11 May 2023
All Committees
Responsible Business Conduct

The European Union’s Critical Raw Materials (CRM) Act is a vital part of its Green Deal Industrial Plan, as CRMs are essential components in the green and digital transitions. By remaining flexible in defining CRMs, standardising environmental calculations and investing in recycling, the EU would aid companies in developing clean technology and bolster Europe’s attractiveness. Additionally, by pursuing international partnerships with likeminded countries, such as the US, the EU can build resilient CRM supply chains. To aid in building an effective piece of legislation, US companies stand ready to provide any additional input. Read how we can develop clean technology and bolster Europe’s attractiveness through CRM's.