International Journal of Sustainability and Innovation in Engineering (IJSIE)
2024
https://www.doi.org/10.56830/IJSIE202408
Author
Ganpati Goel
Abstract
Electric Vehicle (EV) industry growth proceeds rapidly, with associated ethical and social challenges in obtaining key components, both batteries and rare earth metals. This study investigates how they can combine corporate social responsibility (CSR) goals into their procurement practices to confront these problems. It emphasizes the need to build quality jobs, source responsibly, and minimize the environmental impact of EV production by recycling second-life batteries for them. The study shows how blockchain technology could help with supply chain transparency and verifying the legal sourcing of raw materials in supply chains. Adopting a sustainable and transparent strategy is the best way for EV OEMs to keep their brand image intact, disregard regulations, and damage sustainability in the long term. Social aspects of procurement are also considered, including material procurement from countries with weak labor laws. Auditing and checking ethical standards that prevent workers’ rights from being violated and fair labor practices is necessary. This study also suggests that a more sustainable and ethical future for the EV industry lies in developing CSR practices that will help create a cleaner, more equitable transition towards electric mobility. The study lays down the responsibility of the industry to carry out astute collaboration and innovation in technological areas to support responsible sourcing, promote environmental outlay, and uphold human rights.
Keywords;
Corporate Social Responsibility (CSR), Supply Chain Transparency, Ethical Sourcing, Recycling, Blockchain, Fair Labor Practices
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