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Risk Mitigation Plan (Step 3.A.3)
Has the company created a measurable risk mitigation plan?
7624704
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.

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 in a Responsible Minerals Sourcing Policy, Sustainability Report or Conflict Minerals Report.

For example, after an audit, the company may give the audited supplier a check-list with improvement points (often refered to as a Corrective Action Plan).

If the company has a Modern Slavery statement that is also a place where you might find this information, but the details must be explicitly related to the minerals chain in order to receive a 'Yes'.

Value Type
Options
Research Policy
Designer Assessed
Report Type
Sustainability Report
,
Supply Chain Policy document
,
Conflict Minerals Report