Organisation for Economic Cooperation & Development (OECD)+Image
Has the company established a system to accurately review the information they gathered in Step 1?
Metric Type
Researched
Value Type
Options
Research Policy
Designer Assessed
Report Type
Sustainability Report
,
Conflict Minerals Report
,
Integrated Report
,
Supply Chain Policy document
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.
Methodology

The information will most likely be found in a Responsible Sourcing Policy, Code of Conduct, Sustainability Report or Conflict Minerals Report, and needs to be explicitly related to the minerals chain.

Information gathered in Step 1 includes: the country of origin of minerals and the types of risks and incidents they have identified through their grievance mechanism system, supplier engagement, and the chain of custody and traceability system.

The statement from companies that they "review the information" will not be sufficient for a 'Yes' answer.

The statements can be brief, but must include a description of the review process. In particular, search for Red Flags Assessments (RFA) as a key word.