Responding to conflict minerals
ISHIKAWA METAL's policy on conflict minerals
ISHIKAWA METAL's procurement policies are designed to develop mutually beneficial trusting relationships with our business partners around the world based on the concepts of fairness, coexistence, transparency, and co-prosperity. We have thus committed ourselves to maintaining high ethical standards and a social conscience, and have declared that we will conduct our procurement activities in strict compliance with both the letter and spirit of laws and regulations in every country and region in which we operate.
We consider the conflict mineral problem to be a major issue in terms of socially responsible procurement, and it is our policy not to use conflict minerals, profits from the sale of which are used to fund armed groups that engage in human rights abuses in the Democratic Republic of the Congo (DRC) or adjoining countries.
- 1. ISHIKAWA METAL requests that its suppliers to follow the above policy of conflict mineral and we will take additional opportunities to explain and gain understanding of its suppliers about actions it takes to keep conflict minerals out of its products.
- 2. Although ISHIKAWA METAL is not required to report to the US Securities and Exchange Commission the use of conflict minerals, as defined in the final rules of Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act ("Dodd-Frank Act"). However, ISHIKAWA METAL is implementing supply chain due diligence by using a standardized reporting tool available from the Conflict-Free Sourcing Initiative (CFSI). If, in the future, a more effective means of carrying out conflict mineral due diligence is established, ISHIKAWA METAL and its suppliers will adopt it.
- 3. To ensure that minerals are procured only from smelters and refiners that have been found to be compliant with the Conflict-Free Smelter (CFS) Program of the CFSI, ISHIKAWA METAL requests smelters and refiners to obtain proof of compliance via the supply chain.
In line with the foregoing policy, ISHIKAWA METAL will continue to take the following actions.