Partners CSR

콩고민주공화국 등 분쟁지역 채취 광물을 관리합니다.

LG Innotek is fully committed to prohibiting the use of conflict minerals collected in the disputed territories of nations such as the Democratic Republic of the Congo.

Confilct Mineral Overview

"Conflict minerals" refer to the four minerals (tin, tantalum, tungsten, and gold) mined in Democratic Republic of the Congo and its neighboring nations, including Sudan, Rwanda, Burundi, Uganda, Congo, Zambia, Angola, Tanzania, and the Central African Republic (10 nations in total). These territories are currently controlled by militant groups, including insurgents and conquering armies, that mine and distribute these minerals for the purpose of securing funds. The practice extraction of conflict minerals continues to cause disputes and often result in casualties, human rights violations, and labor exploitation. The conflict minerals referred to as the 3TG (tin, tungsten, tantalum, gold) are used in a wide range of industries, including the manufacturing of mobile phones, electronic appliances, and automotive parts. In July 2010, the US Congress passed the Dodd-Frank Wall Street Reform and the Consumer Protection Act and in August 2012. Moreover, the Securities and Exchange Commission (SEC) passed the follow-up measures. The laws requires every company listed in the US securities market to submit their annual reports on the use of conflict minerals to the SEC.

2010

July

Dodd-Frank Wall Street Reform and Consumer Protection Act passed by the U.S Senate.

2011

April

Establishment of detailed enforcement decree deferred.

Caused the strong opposition from related industries

Difficulty in identifying supply chains

Ambiguity in the application of the raw

2012

August22

SEC passed the subsequent measures.

2014

May 31

Firms listed in the U.S. securities market are required to report the use of conflict minerals to tge SEC.

Conflict Zones

LG Innotek's Response

In 2014, LG Innotek conducted a survey on the use of conflict minerals by its suppliers and partners in and outside of Korea. This survey complied data from its suppliers who use these conflict minerals in their products. By conducting this survey, LG Innotek was able to develop a response system to swiftly address customer demands.
We also established a monitoring system for conflict minerals and have continued to manage data that monitored any instances of conflict minerals being included in our products.

Conflict Mineral Management Policy

Funds that came from conflict mineral not only maintain demand for the mining process but also enable armed forces to massacre their own people as well as commit human rights violations against women and children.

LG Innotek’s policy is to eliminate the use of conflict minerals contained in our products that directly or indirectly finance or benefit armed groups in the relevant Countries.

In support of our Conflict Minerals Policy, LG Innotek will follow the process indicated below.

· Implement procedures compliant with and in support of the activities of the international standards that are against the use of conflict minerals.
· Launch endeavor to trace the conflict minerals back to the source, at least to the smelter or refiner level, through the use of the RMI Conflict Minerals Reporting Form(CMRT).
· Promote the procurement of conflict minerals from smelters that comply with the Responsible Minerals Assurance Process (RMAP: List of RMAP-compliant smelters: http://www.responsiblemineralsinitiative.org)
· Establish a supply chain due diligence process for identifying the source of conflict minerals based on the OECD Due Diligence Guidance and when necessary, perform due diligence on the suppliers’ source and chain of custody of conflict minerals.
· Cooperate with professional groups and customers in operating a communication channel to identify the latest responsible mineral sourcing trends.
· Require our suppliers to familiarize themselves with the Conflict Minerals Rule, and reiterate LG Innotek’s expectation of their adherence to the Conflict Minerals Rule and its Conflict Minerals Policy to ensure alignment throughout their own supply chain.
· If you have any questions or concerns, please email us through nurioh@lginnotek.com