DUE DILIGENCE GUIDANCE
Updated 278 days ago
Adopt a policy for respon sible supply chains of minerals consis tent with the OECD Due Diligence Guidance and support the imple men ta tion of the Extractive Industry Transparency Initiative...
For red flagged supply chains, under take on-the-ground assess ments of mines, producers, and traders for conflict, serious abuses, bribery, tax evasion, fraud, money laundering...
The mining, trans port, and trade of mineral resources can fuel growth and employ ment, generate income, and promote local devel op ment. At the same time, mineral supply chain can be linked to serious human rights abuses (e.g. child labour, forced labour), money laun dering, bribery, and funding for terrorism or armed groups. The OECD Due Diligence Guidance was devel oped to help compa nies avoid contributing to conflict, serious human rights impacts and finan cial crime through their oper a tions or mineral sourcing practices.