Conflict Minerals Policy Statement Template

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Table of Contents

Section 1: What are Conflict Minerals?

Conflict minerals are minerals sourced from regions around the world where mining and trade often contribute to human rights abuses and armed conflict. The most commonly known conflict minerals are tin, tantalum, tungsten, and gold, which are often used in the production of various electronic devices and consumer goods.

Section 2: Why is a Conflict Minerals Policy Statement Important?

A conflict minerals policy statement is important for businesses that use or source minerals in their supply chains. It demonstrates a commitment to responsible sourcing and helps ensure that the minerals used in their products do not contribute to human rights abuses or conflict.

Section 3: Creating a Conflict Minerals Policy Statement

Creating a conflict minerals policy statement involves assessing your supply chain, identifying potential risks, and developing a clear and concise statement that outlines your commitment to responsible sourcing. It is important to involve key stakeholders, such as suppliers and customers, in the development process to ensure buy-in and support.

Section 4: Key Elements of a Conflict Minerals Policy Statement

A conflict minerals policy statement should include the following key elements:

  1. A commitment to responsible sourcing and compliance with relevant regulations.
  2. A clear definition of conflict minerals and the regions from which they are sourced.
  3. A commitment to conducting due diligence and risk assessments in the supply chain.
  4. A commitment to supporting responsible sourcing initiatives and programs.
  5. A process for monitoring and reporting on supply chain practices.
  6. A commitment to engaging with suppliers to promote responsible sourcing.

Section 5: Conflict Minerals Policy Statement Template

Below is a template for a conflict minerals policy statement that can be customized to suit your organization’s specific needs:

[Your Company Name] is committed to responsible sourcing and ensuring that the minerals used in our products do not contribute to human rights abuses or conflict. We recognize the importance of transparency and accountability in our supply chain practices.

We define conflict minerals as tin, tantalum, tungsten, and gold sourced from regions known for human rights abuses and armed conflict.

We conduct due diligence and risk assessments to identify and address any potential risks in our supply chain. We work closely with our suppliers to promote responsible sourcing practices and support initiatives that aim to improve conditions in mining communities.

We are committed to complying with all relevant regulations and reporting requirements. We monitor our supply chain practices regularly and report on our progress towards responsible sourcing goals.

We engage with our suppliers to ensure they understand and share our commitment to responsible sourcing. We provide training and support to help them meet our standards and expectations.

By implementing this conflict minerals policy statement, we aim to contribute to the responsible sourcing of minerals and support efforts to create a more sustainable and ethical supply chain.

Section 6: Conclusion

A conflict minerals policy statement is an essential tool for businesses to demonstrate their commitment to responsible sourcing and ethical supply chain practices. By creating a clear and concise statement, organizations can help ensure that the minerals used in their products do not contribute to human rights abuses or conflict. Use the provided conflict minerals policy statement template as a starting point and customize it to align with your organization’s values and goals.