“Conflict minerals” refers to metallic minerals that mainly come from the Democratic Republic of the Congo or neighboring areas with illegal military conflicts through exploitative labor and mining operations in harsh working environments. The mining and sale of conflict minerals is controlled by armed groups to fund conflicts in neighboring areas. Obtaining metal products from conflict minerals is regarded as indirect support for procurement that violates humanitarian principles.
Chang Chun Group remains committed to putting a responsible supply chain into practice and continues to contribute to the reduction of social, environmental and safety risks in the supply chain. Chang Chun Group is committed to not purchasing conflict minerals and their products. At the same time, Chang Chun Group also requires suppliers to work together to ensure that the responsible supply chain can be more comprehensive.
To ensure that products do not contain conflict minerals, Chang Chun Group’s main policies are as follows:
1. Suppliers must sign the “Chang Chun Group Supplier Code of Conduct” and promise that the supplied products do not contain conflict minerals.
2. Before proceeding with procurement operations, it is confirmed whether the products provided by suppliers involve conflict minerals.
3. For suppliers who provide products related to conflict minerals, the latest Conflict Mineral Report Template (CMRT) and Cobalt Report Template (CRT) issued by the Responsible Minerals Initiative (RMI) are used as the basis to conduct annual surveys of the manufacturers of specific metal products or the transaction counterparties of their precious metals listed in the Good Delivery List announced by the London Bullion Market Association (LBMA) to ensure the sources of the metals used by suppliers.