Eurasian Resources Group Spearheads Sustainable Battery Value Chain Initiative

Luxembourg City, Luxembourg – Eurasian Resources Group (ERG), a leading player in the global mining industry, is making strides in promoting a sustainable and responsible energy transition. Benedikt Sobotka, the Chief Executive Officer of ERG, emphasized the pivotal role of the World Economic Forum in fostering robust cross-industry partnerships and multistakeholder cooperation. This collaboration is vital for accelerating the global energy transition and addressing climate change challenges.

According to World Economic Forum, As a founding member of the Global Battery Alliance, initiated in 2017 with support from the World Economic Forum, ERG is at the forefront of developing a sustainable, transparent, and resilient battery value chain. This initiative is crucial for meeting the objectives established at COP21 in Paris, which focused on combating climate change through sustainable practices.

The commitment of ERG in this alliance underscores the growing importance of responsible business practices in the energy sector, particularly in the context of the global push for cleaner energy sources and sustainable material supply chains. The Global Battery Alliance aims to ensure that the battery value chain supports the transition to renewable energy sources while adhering to ethical and sustainable practices.

This initiative is part of the “Spotlight on Business” video series, which features insights from partners on the impact of their collaboration with the World Economic Forum. Through this series, ERG’s role in shaping a more sustainable future for the energy sector is highlighted, showcasing the company’s efforts in paving the way for a responsible and just energy transition.