Conflict mineral sourcing (sector specific)
About the data
“In conflict-affected and high-risk areas, companies involved in mining and trade in minerals have the potential to generate income, growth and prosperity, sustain livelihoods and foster local development. In such situations, companies may also be at risk of contributing to or being associated with significant adverse impacts, including serious human rights abuses and conflict.” OECD Guidelines
Methodology
To meet this metric, the company must disclose that it takes extra precautions or due diligence steps with regards to sourcing minerals that come from conflict affected areas.
As per the OECD Guidelines:
“Conflict-affected and high-risk areas (CAHRAs) are identified by the presence of armed conflict, widespread violence or other risks of harm to people. Armed conflict may take a variety of forms, such as a conflict of international or non-international character, which may involve two or more states, or may consist of wars of liberation, or insurgencies, civil wars, etc. High-risk areas may include areas of political instability or repression, institutional weakness, insecurity, collapse of civil infrastructure and widespread violence. Such areas are often characterised by widespread human rights abuses and violations of national or international law.”
This is an indicative non-exhaustive list of CAHRAs under the EU regulation on conflict minerals.
Examples of the types of policies or action companies may disclose, include:
- Conflict minerals policy
- Responsible mineral sourcing policy
Key words:
- Conflict
- Mineral
- CM policy
- OECD
* Note on choosing the Year of your answer
Read the MSA Statement carefully to find out what year it covers.
When a statement is referring to a Financial Year (FY) ending in Q1 or early Q2, it should be labeled with the previous year. Example:
- Statement for FY2018/19 ending in April 2019 = 2018
- Statement for FY2018/19 ending in May 2019 (or later) = 2019