Policy on Conflict Minerals
Conflict minerals (CM) refer to metal minerals such as tin, tungsten, tantalum and gold (“3TG”) obtained by non-governmental military groups and local rebel organizations in The Democratic Republic of the Congo and surrounding countries through forced labor, abuse of child labor, and other illegal means. These minerals are sold for exchanging weapons, which leads to regional instability, violations of human rights and environmental deterioration. GigaDevice adheres to international conventions and industry initiatives such as the United Nations Global Compact, the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-affected and High-risk Areas, and the Responsible Minerals Initiative (RMI). Upholding the enterprise values, GigaDevice is committed to assuming social responsibilities within the supply chain, paying attention to the regulations on conflict minerals from The Democratic Republic of the Congo and adjacent countries or territories, and firmly opposing any procurement of illegal minerals that violate international regulations and human rights. To this end, we continuously monitor and support supply chain partners to ensure that all materials used in our products are sourced from legal minerals.
To achieve the target, we make the following commitments:
· Developing and implementing a mineral supply chain management policy, and clearly conveying the policy inside the company and our suppliers; establishing an internal management structure to support responsible management of the supply chain.
· Listing the conflict mineral review as a key assessment item during the development of new products and the introduction of suppliers.
· Requiring suppliers to fulfill their social and environmental responsibilities, perform due diligence on the source of metals to ensure that their products do not contain illegal metals, and provide Conflict Minerals Reporting Template (CMRT) and Extended Mineral Reporting Template (EMRT).
· Conducting regular reviews over suppliers and tracing the sources of gold, tantalum, tin, tungsten, and cobalt in products, so as to ensure their compliance with the above policies.
· Providing due diligence results to our customers and actively disclosing investigation results on conflict minerals.
· Fulfilling enterprise social responsibilities, strictly adhering to international conventions, and continuously devoting to supply chain management.