SustainabilitySociety

Responsible Minerals Procurement

Responsible Minerals Procurement

In July 2010, four minerals (gold, tantalum, tin and tungsten) originating from the Democratic Republic of Congo or adjoining countries (DRC countries) as "conflict minerals" are established by the Dodd Frank Wall Street Reform Act -Section 1502- in U.S. . It obliged American listed companies to report the use of the four minerals to the U.S. Securities and Exchange Commission (SEC). The purpose of this Act is to eradicate financial sources to armed insurgents which execute anti-government activities and violating human rights.

In recent years, issues have been raised from the perspective of human rights protection such as child labor, and the Responsible Minerals Initiative (RMI) has decided to add cobalt to the surveyed minerals, and companies' responsibility in mineral procurement is expanding. From these landscapes and the perspective of corporate social responsibility, the Nippon Chemi-Con Group have set a policy for mineral procurement in accordance with the OECD (Organisation for Economic Co-operation and Development) due diligence guidance, and have a basic policy which provide not to procure minerals related to disputes and human rights violations.

We also joined JEITA's Responsible Minerals Procurement Review Committee to collect information and raise awareness about mineral procurement.
Suppliers are also required to procure these minerals from smelters that have been identified as not involved in disputes or human rights violations.

Responsible Minerals Procurement