ESG
Conflict minerals policy
Avatec Co., Ltd. monitors whether conflict minerals are used in all parts and products it produces.
If raw materials and components containing "3TG" (Tantalum, Tungsten, Tin, Gold) minerals are supplied,
the company ensures that suppliers provide documentation proving the origin and a declaration of non-use of conflict minerals,
thereby continuously and periodically monitoring to exclude the use of conflict minerals from the procurement stage of raw materials.
Conflict minerals refer to natural minerals produced in regions like Africa where armed conflicts and various crimes are involved.
These minerals, primarily produced in the Democratic Republic of Congo, Uganda, and surrounding countries (Republic of Congo, Central African Republic, South Sudan, Rwanda, Burundi, Tanzania, Zambia, Angola), include Tantalum, Tungsten, Tin, and Gold. These four minerals are referred to as "The 3T’s and Gold" or "3TG."
Conflict minerals are designated due to the numerous armed conflicts and human rights abuses that occur during their mining process, and because the profits generated from mining are used to finance criminal organizations and terrorists, thereby fueling further criminal activities.
In particular, the United States, under the Dodd-Frank Act, and Europe, according to the OECD framework, require companies importing these minerals to mandate origin labeling. As a result, domestic companies supplying products/parts to these companies are also affected by these regulations.
Avatec Co., Ltd. is continuously and periodically monitoring for the use of conflict minerals in all products and parts it produces. In cases where raw materials and components containing "3TG" (Tantalum, Tungsten, Tin, Gold) minerals are supplied, the company ensures suppliers submit documentation proving the origin and a declaration of non-use of conflict minerals, thus excluding the use of conflict minerals right from the procurement stage of raw materials.
