Four leading global companies today announced their support for a global moratorium on deep seabed mining. Initiated by BMW Group and WWF, and signed by Samsung SDI, Google and Volvo Group, the companies join the increasing chorus of concern about the significant risks to economies and to ocean health that would arise from opening up the deep seabed to extraction of minerals.
Calls for a global moratorium on deep seabed mining are coming from diverse actors, including scientists, communities, the fishing industry, political leaders, NGOs including WWF, and now also from companies. By committing to this public statement, the signatories pledge not to source any minerals from the deep sea, and to refrain from using mineral resources from the deep sea in their supply chains and not to finance deep-sea mining activities.
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