Advanced Chemical Company - Responsible Sourcing Policy

Advanced Chemical Company is a conformant smelter registered with the Responsible Business Alliance, and conforms to the requirements set forth by the Responsible Minerals Initiative’s (RMI’s) Responsible Minerals Assurance Process (RMAP) Standard, that aligns with the Organization for Economic Co-operation and Development’s (OECD) Due Diligence Guidance for Responsible Supply Chains on Minerals from Conflict-Affected and High-Risk Areas. 

Advanced Chemical Company respect the dignity and importance of human rights and consider any mineral that may pose risks of contributing the harm listed in Annex II of OECD Guidelines to be ‘conflict minerals’ as well as risks related to money laundering and the financing of terrorism. We will only purchase gold-containing materials from sources that have been verified as not involving or contributing to illegal armed groups, human rights violations, or financial wrongdoings as defined in Annex II of the OECD Guidance and listed here: 

• Serious abuses associated with the extraction, transport or trade of minerals:
• Any forms of torture, cruel, inhuman and degrading treatment;
  • Any forms of forced or compulsory labor;
  • The worst forms of child labor;
  • Other gross human rights violations and abuses such as widespread sexual violence;
  • War crimes or other serious violations of international humanitarian law, crimes against humanity or genocide.
• Direct or indirect support to non-state armed groups.
• Direct or indirect support to public or private security forces.
• Bribery and fraudulent misrepresentation of the origin of minerals.
  • Money laundering.
  • Non-payment of taxes, fees and royalties to governments.

In support of the above, all of our relevant staff members are directed to follow and trained on procedures to implement a conflict minerals due diligence system that aims to:

• • Exercise due diligence with relevant suppliers consistent with the OECD Guidance and the Responsible Business Alliance’s Responsible Minerals Assurance Process (RMAP) and encourage our suppliers to do the same.
  • Provide, and expect our suppliers to cooperate in providing, due diligence information to confirm gold in our supply chain does not contribute to illegal armed groups, human rights violations, or financial wrongdoings as defined in Annex II of OECD Guidance, as well as an Anti-Money Laundering and Countering Financing Terrorism Policy
  • Aim to establish long-term relationships with our immediate suppliers.
  • Consider ways to support and build capacities of gold supplying counterparties to improve performance and conform to this supply chain policy.
  • Suspend or discontinue engagement with upstream suppliers after failed attempts at mitigation.
  • Immediately discontinue engagement with suppliers who pose a reasonable risk to be causing severe human rights abuses.
  • Undergo an annual RMAP assessment to verify our conflict-free status as well as identify opportunities to continually improve our conflict minerals due diligence management system.
  • Commit to transparency in the implementation of this policy by making available reports on our progress to our customers, relevant stakeholders and the public (as required).
  • Support the implementation of the principles and criteria of the Extractive Industry Transparency Initiative (EITI).

Issue Date: January 1, 2021 

Currently, gold is the only mineral on the list of “Conflict Metals” that is related to our products, chemistries, or services. 

Should any person or party, either internal or external to our organization, have concerns regarding our sourcing practices or our handling of gold, may initiate a grievance with the Responsible Business Alliance by way of visiting their grievance portal at www.responsiblemineralsinitiative.org. 

For additional information regarding our Responsible Minerals Initiative program or our company, please visit www.advchem.com, or email info@advchem.com. 

David Farnum, COO