CLOSE
BUJEON
-
BUSINESS
-
COMPETENCY
-
RECRUIT
-
ABOUT
Conflict Mineral
Conflict Mineral
Conflict Mineral?
Conflict minerals refer to minerals like
tin, tantalum, tungsten, and gold etc.
mined in the Democratic Republic of the Congo or
its adjoining countries involved in conflicts.
The funds generated from the conflict minerals flow into the armed
forces of the subject countries, which causes not only the
slaughter of nationals but also the violation of human rights
in the midst of mining such as child labor, forced labor or abuse of women.
Amid the growing concerns worldwide, the US Congress enacted the law which obligates the report on the use of conflict minerals (Dodd-Frank Wall Street Reform and Consumer Protection Act) in 2010, and in accordance with the above-mentioned act Article 1502, any US-listed companies are required to investigate the use and place of origin of conflict minerals, carry out an inspection on the supply chain and report the result to the U.S. Securities and Exchange Commission(SEC).
Amid the growing concerns worldwide, the US Congress enacted the law which obligates the report on the use of conflict minerals (Dodd-Frank Wall Street Reform and Consumer Protection Act) in 2010, and in accordance with the above-mentioned act Article 1502, any US-listed companies are required to investigate the use and place of origin of conflict minerals, carry out an inspection on the supply chain and report the result to the U.S. Securities and Exchange Commission(SEC).
Place of conflict : Democratic Republic of the Congo or its adjoining 9 countries
Reserves in place of conflict / reserves all over the world (%)
Reference : Philips 2012, IBM, 2011 CSR Report
Tin Cassiterite
3~4%
Tungsten Wolframite
2~4%
Tantalum coltan
8~20%
Gold
~1%
Bujeon’s conflict minerals management policy
Bujeon has established a conflict minerals management policy to conform to the relevant law and fulfill the social responsibility.
Multiple efforts are being made to help our partners make purchases via conflict-free smelters, by asking our partners to establish policy or procedures on handling conflict minerals, investigate the current status of using conflict minerals and plan risk response strategies, in order to prevent any conflict minerals related to the armed forces within conflict areas from being included in the supply chain up to the production of our products.
Bujeon pledges to cooperate with the international efforts to ban any use of conflict minerals, together with our partners and customers, and fulfill the social responsibility to protect human rights in Democratic Republic of the Congo or its adjoining countries.
Multiple efforts are being made to help our partners make purchases via conflict-free smelters, by asking our partners to establish policy or procedures on handling conflict minerals, investigate the current status of using conflict minerals and plan risk response strategies, in order to prevent any conflict minerals related to the armed forces within conflict areas from being included in the supply chain up to the production of our products.
Bujeon pledges to cooperate with the international efforts to ban any use of conflict minerals, together with our partners and customers, and fulfill the social responsibility to protect human rights in Democratic Republic of the Congo or its adjoining countries.
