Minerals Sourcing+Image
Ongoing Risk Mitigation Measures (Step 3.B.1)
Does the company implement ongoing and proactive risk mitigation measures?
7624752
Minerals Sourcing
Researched

About the data

In 2020, the Organisation for Economic Cooperation and Development (OECD) launched a project to develop a methodology to evaluate the extent to which companies embrace the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas, including how they align with its core elements, the 5-Step framework and the Annex II Model Policy. This metric belongs to that methodology.

However, upon further review the assessment's focus was narrowed down to a set of core metrics which this metric is not part of. The narrowed down assessment can be found here: https://wikirate.org/OECD_Minerals_Guidance_Research

The OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas (OECD Guidance) was developed to provide recommendations to help companies respect human rights and avoid contributing to conflict through their mineral purchasing decisions and practices. The OECD Guidance is for use by any company potentially sourcing minerals or metals from conflict-affected and high-risk areas.

This information will most likely be found on the company's website or in a Sustainability Report or Conflict Minerals Report. An example of ongoing and proactive risk mitigation measures would be the company supporting SoRs that are not yet part of its supply chain to improve their due diligence. This could be for instance in a mineral supply chain that they do not operate in (e.g. Volkswagen supporting improvement in the lithium supply chain in South America).
Value Type
Options
Research Policy
Community Assessed
Report Type
Sustainability Report
,
Company Website
,
Conflict Minerals Report