Basic Approach to the Responsible Procurement of Minerals
The DIC Group has formulated a Basic Approach to the Responsible Procurement of Minerals, shown below, recognizing the importance of procuring these critical resources in a responsible manner and engaging with suppliers to address this challenge throughout its supply chain.
To avoid any complicity in the funding of armed groups, or in child labor or other human rights abuses, in areas of conflict—including the Democratic Republic of Congo and its neighboring countries—or high-risk areas*, the DIC Group surveys suppliers of minerals such as tin, tantalum, tungsten, and gold to ensure the responsible procurement thereof across its entire supply chain. Should it discover the use of minerals mined in conditions of conflict or as a result of human rights abuses, the Group will take immediate corrective actions.
*The EU Conflict Minerals Regulation defines “high-risk areas” as areas in a state of armed conflict, fragile post-conflict areas or areas with weak or nonexistent governance and security, such as failed states—all of which are characterized by widespread and systematic violations of international law, including human rights abuses.
In line with this approach, the Group uses the Responsible Minerals Initiative (RMI)’s Conflict Minerals Reporting Template (CMRT) to survey suppliers of tin, tantalum, tungsten and gold, and the Cobalt Reporting Template (CRT) to survey suppliers of cobalt, across its entire supply chain. Going forward, the Group will take additional steps, including further expanding the scope of surveys, in response to evolving social imperatives.