Responsible Minerals Sourcing Policy - 5-Step Framework Alignement (Step 1.A.4)
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.
Methodology
STEP 1: Establish Strong Company Management Systems
STEP 2: Identify and Assess Risks in the Supply Chain
STEP 3: Respond to and Manage Risks
STEP 4: Audit of Smelter and Refiner Due Diligence Practices
STEP 5: Publicly Report on Due Diligence Actions
If reporting covers the 5-steps, the answer will be 'Yes'.
If the company has a policy, but it doesn not align to the 5-steps, the answer will be 'No', and if the company does not have a Responsible Minerals Sourcing Policy at all, the answer will be 'Unknown'.