Question:
Has the company established a system to accurately review the information they gathered in Step 1?
2018
Unverified - Added by Steward
updated over 2 years ago by Organisation for Economic Cooperation & Development (OECD)
"Referring to its supply chain policy and external resources, GAM has defined criteria and benchmark indicators to determine CAHRAs, sourcing from CAHRAs are subject to enhanced due diligence including mine sites’ visits and the support of iTSCi.
Secondly, GAM designed a Know Your Supplier (KYS) process to include information concerning supplier legal status and identity, supplier mapping and potential risks. Our tantalum ore suppliers have completed and returned a New Supplier Questionnaire form. GAM reviewed the provided information and crossed-checked it with Worldcheck and internal intelligence. Whenever inconsistencies, errors or incomplete information were identified in the KYS (Supplier Questionnaire) form, GAM communicated the improvement areas to suppliers and requested an updated form. Identified issues triggered further engagement with its suppliers to clarify and improve the documents as needed. During this reporting period, no red flags were identified beyond the source and transport route managed in concert with iTSCi. GAM requested origin information for each tantalum ore material transaction and ensured that it was able to understand the transaction origin, transportation route, as well as direct suppliers’ names and locations."