Conflict Materials Policy
- Declaration of Minerals Conflict-Free
Genesis recognising that risks of significant adverse impacts which may be associated with extracting, trading, handling and exporting minerals from conflict-affected and high-risk areas, and recognising that we have the responsibility to respect human rights and not contribute to conflict, We commit to refraining from any action which contributes to the financing of conflict. And great attach importance to ILO Convention NO.182 on the Worst Forms of Child Labour.
- (1) Genesis herein declares the Minerals Conflict-Free on products supplied to customers.
- (2) Genesis is taking and will take due diligence within our supply chain to assure “DRC Conflict-Free” for the Minerals of gold (Au), tantalum (Ta), tungsten (W), cobalt(Co) and tin (Sn) are not derived from or sourced from mines in conflict areas of the Democratic Republic of Congo (DRC), or illegally taxed on trade routes, either of which are controlled by non-governmental military groups, or unlawful military factions.
- (3) Trade routes not confirmed to be “Conflict Free” include direct exports from the DRC, as well as exports through Rwanda, Uganda, Burundi, Tanzania and Kenya (countries of whom the U.N. Security Council note are global export routes for DRC-mined minerals).
- (4) Genesis would like to confirm Minerals used in Products sold to customers are “DRC Conflict-Free”.
- Sourcing Policy for Conflict Mineral
Genesis will immediately suspend or discontinue engagement with upstream suppliers where we identify a reasonable risk that they are sourcing from, or linked to, any party committing serious abuses as defined in , ANNEX II, paragraph 1. (Model Supply Chain Policy for a Responsible Global Supply Chain of Minerals from Conflict-Affected and High-Risk Areas).
- (1) Reported by EICC, that the origin of these minerals has become the Democratic Republic of Congo’s main revenue sources of armed rebel groups, to deal in arms, continued its bloody conflict between government forces, devastated the local civilian population, thus triggering international disputes.
- (2) Genesis as the global citizen, we declare and commit to refusing the application of metals from fighting region; meanwhile, we request Genesis’s supply chain:
2-1. Not to purchase conflict minerals from mines in the Conflict Regions.
2-2. Request suppliers to refuse to use Conflict Minerals from the Conflict Regions and present a signed letter of commitment to Genesis.
2-3. Request suppliers to notify their upstream/downstream suppliers to follow Minerals Conflict-Free requirements.