Transition Minerals: The hidden cost of clean energy

The move to a low-carbon economy will require a substantial increase in the production of so-called transition minerals which are needed for, amongst other things, renewable electricity networks, battery performance and permanent magnets - key components of wind turbines and electric vehicles. These minerals (including copper, aluminium, lithium, nickel, cobalt and manganese) all need to be mined - a process which has historically often been at odds with positive environmental outcomes and labour practices. For investors, this has clear implications.

In this episode of Sound Progress, our host Herschel Pant speaks to Professor at Paris School of Economics, Mouez Fodha; AXA Group Chief Economist and Head of AXA IM Research, Gilles Moëc; and AXA IM Portfolio Manager, Tom Atkinson; about the importance of minimizing harm during this critical transition and the role that investors can play in this process.  

In this episode, guests refer to AXA IM’s approaches to ESG, stewardship and engagement. For more information, please see the following links:

·       Stewardship & Engagement | Responsible Investing | AXA IM Corporate (axa-im.com)

·       Putting ESG to work | AXA IM Core (axa-im.com)

Music performed by Sum Wave, composed by Niclas Gustavsson

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