JAE Group Response to Responsible Minerals Procurement
In order to fulfill our Corporate Social Responsibility (CSR) in procurement activities, the JAE Group, through efforts to reduce
the use of hazardous materials, will engage in responsible procurement activities of designated minerals (*) which, in the mineral supply chain,
contribute to preventing funding of armed groups, protection of human rights and in the promotion of fair trade.
In mineral procurement activities, the JAE group will support activities in line with the purposes of the Organization for Economic Co-operation
and Development (OECD)-Due Diligence Guidance-for responsible supply chains of minerals from Conflict-Affected and High-Risk Areas.
In addition, we will not procure from companies that are clearly proven to be involved in conflicts and human rights violations.
The policy is not to exclude the use of all minerals mined and traded in the DRC and neighboring countries, but to allow the use of minerals
that are not involved in conflicts. In supply chain research, working closely with industry associations through the use of reporting templates
issued by the Responsible Minerals Initiative (RMI), we will conduct, in good faith, reasonable and efficient surveys based on industry standards.
We will request suppliers to understand our policy and conduct procurement in accordance with this policy.
* Designated minerals: minerals in the Responsible Procurement category such as 3TG (tin, tantalum, tungsten, gold) and cobalt
the use of hazardous materials, will engage in responsible procurement activities of designated minerals (*) which, in the mineral supply chain,
contribute to preventing funding of armed groups, protection of human rights and in the promotion of fair trade.
In mineral procurement activities, the JAE group will support activities in line with the purposes of the Organization for Economic Co-operation
and Development (OECD)-Due Diligence Guidance-for responsible supply chains of minerals from Conflict-Affected and High-Risk Areas.
In addition, we will not procure from companies that are clearly proven to be involved in conflicts and human rights violations.
The policy is not to exclude the use of all minerals mined and traded in the DRC and neighboring countries, but to allow the use of minerals
that are not involved in conflicts. In supply chain research, working closely with industry associations through the use of reporting templates
issued by the Responsible Minerals Initiative (RMI), we will conduct, in good faith, reasonable and efficient surveys based on industry standards.
We will request suppliers to understand our policy and conduct procurement in accordance with this policy.
* Designated minerals: minerals in the Responsible Procurement category such as 3TG (tin, tantalum, tungsten, gold) and cobalt