The ESG Report: EV Battery Regulation and Compliance in The US & EUPart 1, Foreign Entities of Concern
Pamela Fierst-Walsh, a leader in critical mineral supply chain issues, has been instrumental in shaping U.S. policy on minerals supply chains. She played a key role in the Biden Administration's Supply Chain Review in 2021 and now advises U.S. officials, private sector actors, and foreign counterparts. In 2023, she joined the Board of the non-profit organization IMPACT. She is the CEO of PFW Advisory, LLC in Washington, DC.
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FAQs: The ESG Report: EV Battery Regulation and Compliance in the US & EU-Part 1
Frequently Asked Questions
The ESG Report: EV Battery Regulation and Compliance in the US & EU-Part 1, Foreign Entities of Concern
While I cannot directly access the JD Supra articles to extract detailed answers, I can still generate some FAQs based on the general topic of EV battery regulation and compliance in the US and EU as it relates to foreign entities based on the provided links title and content preview. However, please note that the following FAQs are generated with general knowledge of the topic and may not cover the specifics that are in the parts of the JD Supra report.
- Q: What are ESG considerations related to EV battery production?A: ESG considerations include environmental aspects (the impact of battery production on emissions and waste), social components (labor practices and community impacts), and governance (compliance with regulations and ethical business practices).
- Q: Why are foreign entities of concern in EV battery regulation?A: Foreign entities may not be subject to the same regulatory frameworks as domestic manufacturers, leading to concerns about unfair competition, labor practices, and environmental standards adherence.
- Q: What kind of regulations apply to EV batteries in the US?A: In the US, EV batteries are subject to regulations regarding safety, transportation, disposal, and potentially the enhancement and standardization of climate-related disclosures for investors (as suggested by the SEC proposed rule).
- Q: How does the EU regulate EV batteries compared to the US?A: While the specific current regulations are not provided from the search results, typically the EU has comprehensive regulations addressing the entire lifecycle of batteries, including raw material sourcing, production, use, and recycling, often placing greater emphasis on environmental sustainability.
- Q: Are there any specific compliance issues that foreign entities face when exporting EV batteries to the US and EU?A: Yes, foreign entities must ensure their batteries meet the safety, environmental, and labor standards of the importing country, which can include certifications and adherence to specific regulatory frameworks.
- Q: Has the Biden administration impacted EV battery regulation?A: Although the specifics are not available from the search results, it is known that the Biden administration has generally sought to bolster EV adoption and may have introduced or be tracking regulatory changes that affect the production and use of EV batteries.
- Q: Are there concerns about forced labor in the production of EV batteries?A: Yes, as indicated by the Human Rights Watch report, there are global concerns involving certain foreign entities in the use of forced labor, particularly in the context of sourcing components from regions with reported labor abuses.
For the specific content of the JD Supra report, please review the articles provided in the links for detailed information:
- The ESG Report: EV Battery Regulation and Compliance in the US & EU-Part 1, Foreign Entities of Concern
- Compliance Tip of the Day: Internal Reporting Outside The US, Part
- Daily Compliance News: March 15, 2024 – The More CFOs to CEOs
- Innovation in Compliance – America's Story at 250 with America's Storyteller