Conflict Minerals Statement
Conflict Minerals Statement
As a manufacturer of titanium rods and bars, we are dedicated to ensuring that our supply chain is free from conflict minerals that directly or indirectly finance or benefit armed groups. We strive to work with suppliers who share our commitment to responsible sourcing and adhere to internationally recognized frameworks, such as the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas.
To uphold our commitment, we implement the following practices:
Supplier Engagement: We actively engage with our suppliers to promote responsible sourcing practices and encourage them to source materials from conflict-free regions. We expect our suppliers to provide accurate and transparent information regarding the origin of the minerals used in their products.
Due Diligence: We conduct due diligence to identify and assess the presence of conflict minerals within our supply chain. This includes engaging with suppliers, conducting risk assessments, and implementing appropriate measures to mitigate the risk of sourcing conflict minerals.
Reporting and Transparency: We are committed to transparency and regularly report on our efforts to address conflict minerals in our supply chain. This includes disclosing our due diligence practices, the results of our assessments, and any steps taken to mitigate the risk of conflict minerals.
Collaboration: We collaborate with industry associations, stakeholders, and relevant organizations to stay informed about best practices and industry initiatives related to responsible sourcing and conflict minerals.
By implementing these measures, we aim to contribute to the responsible sourcing of minerals and support the development of transparent and sustainable supply chains. We are dedicated to upholding human rights, environmental stewardship, and ethical business practices throughout our operations.
For any inquiries or further information regarding our conflict minerals policy, please contact [contact information].
[ Ridor Metals ] [ Date:May 23, 2023 ]