We recognize that there are stakeholder concerns related to the environmental, health and safety, and social aspects of artisanal and small-scale mines cobalt mining particularly in the Democratic Republic of the Congo. In 2017, we adopted the Responsible Cobalt Initiative (RCI) as part of a collective response to these concerns.
The RCI is a framework that enables member companies to identify and address potential adverse impacts arising from their business activities and relationships. This includes calling on companies to trace how their cobalt is extracted, transported, manufactured and sold.
The RCI is based on the Organisation for Economic Cooperation and Development (OECD) Due Diligence Guidance on Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas. The development of the RCI was spearheaded by the Chinese Chamber of Commerce for Metals, Minerals & Chemicals Importers & Exporters (CCCMC), with strong support from the OECD. Member companies include Apple, HP, Samsung SDI, and Sony.
As it matures and develops, we will work to further integrate the RCI into our overall approach to doing business.