Conflict Minerals Policy
Adeka Korea aims to become an active advanced company
that can respond sensitively to new changes.
Conflict Minerals Policy
Adeka Korea Co., Ltd. recognizes the importance of managing disputed minerals and respects multilateral efforts to investigate, monitor and stop activities related to the support of illegal armed groups and the exploitation of natural resources that cause human rights violations in the Democratic Republic of Congo and neighboring countries.
In response, Adeka Korea Co., Ltd. will fulfill its social responsibilities in international efforts for responsible mineral use with various stakeholders such as customers and suppliers.
As a responsible corporate citizen, Adeka Korea Co., Ltd. will carry out the following procedures to ensure that disputed minerals related to militants in the conflict zone are not included in the supply chain for production.
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1
Adeka Korea Co., Ltd. will not use disputed minerals sourced from high-risk areas in compliance with international standards regulating disputed minerals, and will apply international standards regulating disputed minerals to establish a dispute minerals business process for legal compliance.
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2
We will use the Mineral Use Reporting Questionnaire to identify all smelter names and locations of tin, tantalum, tungsten, and gold used in our products
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3
We will ask our partners to submit a questionnaire for reporting the use of disputed minerals and to confirm in writing that they are not using disputed minerals.
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4
Due diligence procedures will be established in accordance with the OECD Due Diligence Guidelines, and if necessary, due diligence will be carried out on procedures and materials performed by suppliers for reporting the use of disputed minerals.
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5
Adeka Korea Co., Ltd. will try to analyze international laws, government organizations, and customer policies and reflect them in its internal policies.
In addition, Adeka Korea Co., Ltd. applies the conflict mineral management standards equally to its partners and requires all partners to comply with the conflict mineral management policy.
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1
Partner shall establish documented conflict mineral management policies and procedures to ensure that the product supplied to us does not include conflict minerals that benefit the armed forces of the Democratic Republic of Congo or its neighboring countries.
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2
Partners should make efforts to identify all the names and locations of all smelters where conflict minerals have been purchased in the supply chain.
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3
As requested by Adeka Korea Co., Ltd., the partner company should fill out and submit the dispute mineral use report questionnaire in a timely manner.
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4
Partners should take timely corrective action if any risks are found in the supply chain. We will jointly respond with our partners for systematic supply chain management, and will monitor the government's policies and support to establish a gradual process along with responding to conflict mineral regulations.
Conflict Minerals Policy
Adeka Korea Co., Ltd. will continue to monitor not only disputed minerals but also minerals that pose human rights violations or environmental destruction issues in the mining process to be managed in accordance with OECD due diligence guidelines so that mineral mining does not become a source of funds for disputes and purchases of minerals that respect human rights and the environment will be made.
