Responsible materials procurement policy

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Company Policy for the Sourcing Precious Metals

gold

We will promote corporate activities so that customers can use our products with peace of mind by avoiding raw material procurement related to human rights violations, financing terrorists, money laundering, fraudulent transactions, and contributing to conflicts.

  • Establishing a management system for responsible sourcing of materials
    • We will establish an appropriate management system to effectively conduct supply chain due diligence on gold, platinum and palladium raw materials.
  • Identifying high-risk raw material procurement
    • We will identify high-risk areas in accordance with the RMI, OECD and LPPM guidance, and determine transactions that are suspected of being involved in armed forces, unfair labor practices, human rights violations, and money laundering as high-risk procurement.
  • Assessment of raw materials and suppliers
    • If risk assessment of raw materials and suppliers reveals that they may be involved in human rights abuses, contributing to conflicts, or money laundering, risk mitigation is undertaken. If risk mitigation is not possible, transaction is immediately suspended.
  • Implementation of education and training
    • We will provide the necessary education and training to all employees involved in responsible supply chains on an ongoing basis.
  • Monitoring and record keeping of transactions
    • We will monitor incoming gold, platinum and palladium raw materials for consistency with information obtained from suppliers, and maintain records appropriately.
  • Third Party Audit
    • In accordance with the guidance of RMI and LPPM, we will arrange for an independent third-party audit on the responsible supply chain management system and implementation status on a regular basis.

    Revised on January 1, 2020