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 four minerals (tin, tantalum, tungsten, and gold) mined in the Democratic Republic of the Congo and the 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 to secure funds. This practice continues to cause disputes and often results in casualties, human rights violations, and labor exploitation. The conflict minerals referred to as the 3TG (tin, tungsten, tantalum, gold) are used across industries, including the manufacturing of mobile phones, electronic appliances, and automotive parts. In July 2010, the U.S. Congress passed the Dodd-Frank Wall Street Reform and Consumer Protection Act and in August 2012, the Securities and Exchange Commission (SEC) passed the follow-up measures. This requires every company listed in the U.S. 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 zone

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 that use these conflict minerals in their supplies, thus allowing LG Innotek to establish a response system and swiftly address customer demands.
We also established a monitoring system for conflict minerals and has continued to manage data on whether conflict minerals are included in products.

Conflict Mineral Management Policy

Funds from Conflict Minerals has been turned into armed forces to massacre their own people as well as occurring forced child labor women’s human rights abuse during the mining process.

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 Covered Countries.

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

· Implement procedures compliant with and in support of the activities of the international standards which are against of the use of conflict minerals.
· Endeavor to trace the conflict minerals back to the source, at least to the smelter or refiner level through use of the RMI Conflict Minerals Reporting Form(CMRT).
· Support our supplier to purchase minerals from Conflict-Free Smelter(CFS)
(CFS List provided by RMI, 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 suppliers’ source and chain of custody of conflict minerals.
· With cooperation with professional groups and customers, we are operate a communication channel to read the latest responsible mineral sourcing trend.
· LG Innotek also requires our suppliers to familiarize themselves with the Conflict Minerals Rule and expects our suppliers to adhere to the Conflict Minerals Rule and LG Innotek’s Conflict Minerals Policy to ensure alignment throughout their own supply chain.
· If you have any questions or concerns, please e-mail them to nurioh@lginnotek.com