SCM ESG Risk Management
To manage potential risks along our mineral supply chains, we implement our management system established in line with the 5-Step Framework of the OECD Due Diligence Guidance for Minerals.
Samsung SDI and our suppliers have joined OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict- Affected and High-Risk Areas in order to make concerted efforts in responsible sourcing of minerals. We have also established and implemented pursuant policies under the same OECD Guidance.
Supply chain risk management for minerals
To manage potential risks along our mineral supply chains, we implement our management system established in line with the 5-Step Framework of the OECD Due Diligence Guidance for Minerals.
-
Step 1
Establish management systems
- Adopt a policy for responsible mineral supply chains and establish a management system
- provide internal capacity-building training
-
Step 2
Identify & assess risks
- Conduct upstream surveys
- perform risk assessments on supply chains and suppliers
-
Step 3
Mitigate risks
- Report risk assessment results to senior management
- develop and implement risk mitigation plans
-
Step 4
Conduct due diligence
- Perform third-party supply chain audits
- support suppliers to become RMAP-conformant under the RM
-
Step 5
Disclose due diligence report
- Disclose due diligence results and activities through sustainability reports and on our website