Conflict Minerals Policy
Author: Time: 2023-07-18
Conflict Minerals Policy
Definition:
Conflict minerals, Including but not limited to people from the Democratic Republic of the Congo (DRC) and neighboring countries (Democratic Republic of the Congo (DRC), Rwanda, Uganda, Burundi, Central African Republic, Angola) Rare metals such as cassiterite, black tungsten, coltan and gold and their derivatives, in particular gold (Au), tantalum (Ta), tin (Sn) and tungsten (W) in South Sudan, Tanzania, Zambia and any areas controlled by armed forces in these countries.
Promise:
The principles of the conflict mining policy of Meridian International Co., Ltd. And its subsidiaries and subsidiaries (hereinafter collectively referred to as the "Company") are: Understand and attach importance to human rights and environmental issues related to conflict mines, and in the implementation of raw material procurement policies, comply with the CFSI and the United Nations and OECD Guidelines on Responsible Supply Chain Due Diligence for Minerals in Conflict-affected and High-risk Areas and the China Guidelines on Due Diligence for Responsible Mineral Supply Chains, The Company and all of our suppliers and/or outsourcers only source from smelters and refineries whose due diligence practices have been verified by independent third party auditors and do not procure or support the use of any conflict minerals that directly or indirectly finance or support areas affected by armed conflict, ensuring that all suppliers use responsible practices in the procurement of minerals, Respect for human rights and the environment of people in conflict zones.
Measures:
1. Establish a reliable and effective regulatory process to support international efforts to isolate and eliminate all mining and trading of non-humanitarian conflict mines, and to allow legal mining and trading in conflict areas to continue.
2. Set goals, expand the scope of audit and evaluation, and require suppliers to provide at least product-level investigation information when there are conflict mineral metals in specific products and materials, and set their own requirements based on the information provided by suppliers;
3. Provide necessary systematic guidance/training for procurement employees and supply chain.
4. Select and promote supply chain commitments not to use conflict minerals, require a conflict-free sourcing policy, and conduct and submit due diligence reports;
5, establish a reasonable origin review system, including procurement document management, non-compliance implementation improvement, etc.
6. To inform our suppliers, employees, customers and other interested parties of our ethical and sustainable sourcing policies and to conduct internal monitoring of the implementation of such standards.
7, support and cooperate with customers to comply with the relevant laws and regulations of the country or region, regularly conduct due diligence and submit reports.
