In 2022 the first “Raw Material Report” published the assessments for the first six raw materials aluminum, cobalt, lithium, mica, tin and tungsten. Throughout the year 2023, the scope of the Raw Material Report has grown to over 15 raw materials, and in 2024, two new raw materials have been added. The latest Raw Material Report gives more insights on how we work with our direct business partners to drive effective due diligence management systems in the supply chain. On top of that, we improved the methodology by adding raw material specific “Theories of Change”. This comprehensive method is built on results from previous assessment steps such as the raw material analysis, the risk assessment, the supply chain evaluation as well as from stakeholder feedback. It aims to strategically identify and plan activities to mitigate significant risks in our raw material supply chains by helping us to better understand the root causes of environmental and human rights risks in the industry. We have chosen the example of lithium to illustrate, how we are integrating environmental risk areas such as water, air and biodiversity into a framework originating from human rights due diligence thinking.