The rules will ensure safeguards are in place to strengthen labour conditions and close loopholes to curtail land grabbing incidents, says Leena Ghosh, head of human rights and social standards at the Roundtable on Sustainable Palm Oil.
The United Nations Guiding Principles on Business and Ruman Rights (UNGPs) defines HRDD as a process of identifying, preventing, mitigating, and accounting for any human rights violations.
The founder of the world’s biggest EV cell maker added that supply shortages in critical metals can be eased if the world is open to its recycling technology, even as the West attempts to break China’s dominance in the sector.