“Ensuring responsible business conduct with regards to conflict minerals – Q&A for companies”
CONFLICT MINERALS Q&A
Well-documented links between extractive activities and conflicts in some regions of the world have sparked concerns about companies’ contribution to a vicious cycle of violence, instability, and human rights abuses. In this context, regulatory requirements for responsible business conduct are rising to ensure business respect for human rights and the environment. For adverse impacts related to minerals and metals from conflict-affected and high-risk areas (conflict minerals), an increasing number of laws are obliging companies to conduct due diligence.
But what exactly are conflict minerals, how are companies linked to them and how are they expected to address the risks and impacts of these materials?
In the following, we answer the most important questions for companies looking to get their conflict minerals due diligence started in line with international standards.