Tag: EV batteries

10 For 10: Top Compliance Stories For The Week Ending June 8, 2024

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Post date June 8, 2024
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Welcome to 10 For 10, the podcast that brings you the week’s Top 10 compliance stories in one podcast each week. Tom Fox, the Voice of Compliance, brings you the compliance professional and the compliance stories you need to know to end your busy week. Sit back, and in 10 minutes, hear the stories every compliance professional should know from the prior week. Every Saturday, 10 For 10 highlights the most important news, insights, and analysis for the compliance professional, all curated by the Voice of Compliance, Tom Fox. Get your weekly filling of compliance stories with 10 for 10, a podcast produced by the Compliance Podcast Network.

Chinese battery suppliers are tied to Ford and VW. (WSJ)
SEC is closing its Salt Lake City office. (WSJ)
The Wirecard boss loses his lawyer. (FT)
Standard Chartered is accused of funding terrorists. (BBC)
Toyota gets raided. (BBC)
Mike Lynch was acquitted.(NYT)
Private equity giants near settlements with SEC re: texting. (WSJ)
FAA wants systemic change at Boeing. (BBC)
Citgo 6 sue CITGO. (Houston Chronicle)

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You can check out the Daily Compliance News, which features four curated compliance and ethics stories each day, here.

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Tags Boeing, China, Citgo 6, EV batteries, FAA, HP-Autonomy acquisition, Marcus Bruan, Mike Lynch, SEC, Standard Chartered, Wirecard

The ESG Report

The ESG Report: EV Battery Regulation and Compliance in The US & EU-Part 3, EU Battery Regulation and Battery Supply Chains

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Post date March 21, 2024
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The ESG Report podcast is hosted by Tom Fox. In this special 3-part series, I take a deep dive into EV battery regulation in the US and EU.

In this Part 3, we consider EU legislation and regulatory requirements for EV batteries and EV battery supply chains. Pamela Fierst-Walsh is a prominent voice in critical mineral supply chain issues and a recognized leader in policy development, ESG issues, and international affairs. From 2017-2021, Pamela drove the reorientation of U.S. diplomacy toward prioritization of minerals supply chains as the U.S. State Department’s Senior Advisor for Critical Minerals. She coordinated the U.S. The Departments of Commerce, Defense, and Energy worked together to support National Security and Economic Council agendas.

In June 2021, she played a key role in shaping the Biden Administration’s 100-day Supply Chain Review on Building Resilient American Supply Chains to improve U.S. competitiveness for clean energy and technological advancement, which set the foundation for greater U.S. clean energy investment under the 2022 Inflation Reduction Act and other acts. She regularly advises senior U.S. officials, private sector actors, and foreign counterparts. In 2023, she joined the Board of IMPACT, a non-profit organization focused on empowering communities through greater governance of the natural resources they rely upon. She is the CEO of PFW Advisory, LLC, and is based in Washington, DC.

Pamela’s viewpoint on EU battery regulation is that it is a revolutionary measure in establishing detailed categories and requirements for batteries, such as portability, usage in cars, and electric vehicles, regardless of where they are manufactured. Drawing from her extensive expertise, Fierst-Walsh has noted the similarities between EU regulations and the existing requirements in the United States, particularly in terms of sustainability and reusability scores.

QA1QQ1QAdditionally, she emphasizes the importance of the battery passport as it offers comprehensive insights into a battery’s manufacturing details, carbon footprint, materials, and performance. Moreover, she does not overlook the potential difficulties manufacturers might encounter in ensuring compliance, particularly in documenting supply chains and meeting the upcoming deadlines for carbon footprints and recycled content targets.

Key Highlights:

Battery Passport Implementation in EU Regulations
Battery Supply Chain Due Diligence Protocol
Mineral Sourcing Guidelines and Global Compliance

Resources:

Pamela Fierst-Walsh on LinkedIn

Tom Fox

Connect with me on the following sites:

Tags EU Battery Supply Chains, EV batteries, Pamela Fierst-Walsh

The ESG Report

The ESG Report: EV Battery Regulation and Compliance in The US & EU-Part 2, Impact of the Inflation Reduction Act

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Post date March 20, 2024
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The ESG Report podcast is hosted by Tom Fox. In this special 3-part series, I take a deep dive into EV battery regulation in the US and EU.

In Part 2, we consider the impact of the Inflation Reduction Act on EV battery production and purchase. Pamela Fierst-Walsh is a prominent voice in critical mineral supply chain issues and a recognized leader in policy development, ESG issues, and international affairs. From 2017-2021, Pamela drove the reorientation of U.S. diplomacy toward prioritization of minerals supply chains as the U.S. State Department’s Senior Advisor for Critical Minerals. She coordinated the U.S. Departments of Commerce, Defense, and Energy worked together to support National Security and Economic Council agendas. In June 2021, she played a key role in shaping the Biden Administration’s 100-day Supply Chain Review on Building Resilient American Supply Chains to improve U.S. competitiveness for clean energy and technological advancement, which set the foundation for greater U.S. clean energy investment under the 2022 Inflation Reduction Act and other acts. She regularly advises senior U.S. officials, private sector actors, and foreign counterparts. In 2023, she joined the Board of IMPACT, a non-profit organization focused on empowering communities through greater governance of the natural resources they rely upon. She is the CEO of PFW Advisory, LLC, and is based in Washington, DC.

Pamela’s perspective on the Inflation Reduction Act, especially on the consumer tax incentives for EV battery purchases, is shaped by her deep understanding of supply chain dynamics, regulatory requirements, and the legislation. She views the Act as an excellent opportunity for consumers to significantly reduce the cost of EV battery purchases, while also stipulating manufacturers track and ensure the traceability of components in their supply chains for compliance with the Act. She underlines the broader implications of the Act, which, beyond consumer incentives, nudge manufacturers to adapt their supply chain practices and consider potential reputational risks associated with non-compliance. Pamela sees the Inflation Reduction Act as a multifaceted initiative that benefits consumers and prompts manufacturers to align their operations with regulatory requirements and evolving business norms.

Key Highlights:

EV Battery Discount and Supply Chain Transparency
Strategic Resource Control for Domestic Manufacturing
Critical Minerals Supply Chain Compliance Standards
Due Diligence and Compliance

Resources:

Pamela Fierst-Walsh on LinkedIn

Tom Fox

Connect with me on the following sites:

Tags EV batteries, Inflation Reduction Act, Pamela Fierst-Walsh

The ESG Report

The ESG Report: EV Battery Regulation and Compliance in The US & EU-Part 1, Foreign Entities of Concern

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Post date March 19, 2024
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Tom Fox hosts the ESG Report podcast. In this special 3-part series, I examine EV battery regulation in the US and EU.

Part 1 considers US Foreign Entities of Concern (FEOCs) for EV battery production.

Pamela Fierst-Walsh is a prominent voice in critical mineral supply chain issues and a recognized leader in policy development, ESG issues, and international affairs. From 2017 to 2021, she drove the reorientation of U.S. diplomacy toward prioritizing mineral supply chains as the U.S. State Department’s Senior Advisor for Critical Minerals.

She coordinated the U.S. The Departments of Commerce, Defense, and Energy worked together to support National Security and Economic Council agendas. In June 2021, she played a key role in shaping the Biden Administration’s 100-day Supply Chain Review on Building Resilient American Supply Chains to improve U.S. competitiveness for clean energy and technological advancement, which set the foundation for greater U.S. clean energy investment under the 2022 Inflation Reduction Act and other acts. She regularly advises senior U.S. officials, private sector actors, and foreign counterparts. In 2023, she joined the Board of IMPACT, a non-profit organization focused on empowering communities through greater governance of the natural resources they rely upon. She is the CEO of PFW Advisory, LLC, and is based in Washington, DC.

Pamela’s perspective on the Department of Energy and Foreign Entities of Concern (FEOC) definitions is centered around the vital role these definitions play in unlocking the $6 billion funding available for domestic battery material processing, manufacturing, and recycling. She firmly believes that by understanding and complying with these definitions, businesses can tap into the incentives provided by the bipartisan infrastructure law.

Her extensive experience in supply chain management, where she has seen the value of comprehending the entire chain process, from material extraction to manufacturing and recycling, has shaped her perspective. Pamela encourages businesses to engage with the Department of Energy to ensure compliance and ultimately contribute to advancing the American economy.

Key Highlights:

Battery Material Fund Oversight & Qualification Criteria
Domestic Battery Material Processing Fund Initiative
Mineral Transformation in EV Battery Supply Chain
Due Diligence and Compliance

Resources:

Pamela Fierst-Walsh on LinkedIn

Tom Fox

Connect with me on the following sites:

Tags EV batteries, FEOCs, Foreign Entities of Concern, Pamela Fierst-Walsh

The ESG Report

The ESG Report – Pamela Fierst – Walsh: Diversifying EV Battery Supply Chains

Post author By admin
Post date February 8, 2024
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The ESG Report podcast is hosted by Tom Fox. Looking for innovative solutions to tackle climate change? Look no further than The ESG Report! In this episode, Tom speaks with Pamela Fierst-Walsh, who talks about her career in sustainable minerals and how it has led her to EV batteries.

Pamela Fierst-Walsh is a seasoned professional with a rich background in managing environmental and economic challenges in worldwide supply chains. With over 17 years of experience as a US diplomat and a law degree from Indiana University Mauer School of Law, Fierst-Walsh brings a unique perspective to the table. She believes that the transition to electric vehicles is crucial for addressing climate change and reducing greenhouse gas emissions. She emphasizes the importance of diversifying energy sources, reducing reliance on oil and natural gas, and the need for regulatory measures such as digital product passports and due diligence on supply chains to ensure sustainability. Join Tom Fox and Pamela Fierst-Walsh as they delve deeper into these issues on the next episode of The ESG Report.