Summary
The Responsible Minerals Sourcing Report 2024 presents the results of a 2023 survey conducted by the Nikon Group regarding their responsible sourcing of minerals. The report outlines the Nikon Group's established Policy on Conflict Minerals, which prohibits the use of tantalum, tin, tungsten, and gold sourced from armed groups in the Democratic Republic of the Congo and neighboring countries. It details the five-step framework for due diligence based on the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas. The report describes the implementation of a database system to enhance supply chain management, the establishment of a cross-departmental project team, and the formation of a Supply Chain Subcommittee to oversee responsible sourcing efforts. Furthermore, it highlights the identification and assessment of risks in the supply chain, the design and implementation of strategies to mitigate these risks, and the importance of independent third-party audits of smelters' due diligence practices. The report emphasizes the Nikon Group's commitment to transparency and stakeholder engagement in responsible minerals sourcing.
