Supply Chain
Conflict Minerals Policy
LG Display has established the Conflict Minerals Management Policy to comply with laws and fulfill its social responsibilities.
LG Display support them to purchase through a smelter that is free from conflict minerals by asking suppliers to establish conflict minerals policies and procedures, investigate the current status of conflict minerals use, and establish risk response procedure plans to ensure that conflict minerals related to armed groups in conflict zones are not included in the supply chain for the production of their own products.
LG Display will actively participate in international efforts to ban the use of conflict minerals together with its suppliers and customers, thereby fulfilling its social responsibility to protect the human rights of the Democratic Republic of Congo and neighboring countries.
Management of Conflict Minerals
LG Display established a response process for conflict minerals, formed an organization to respond to conflict minerals, and conducted investigations on the use of conflict minerals, risk management for suppliers, smelter risk management and improvement activities, and due diligence activities, and efforts have been made to help people understand the conflict minerals regulation law. In addition, LG Display has been implementing reasonable response activities through collaboration with various stakeholders such as the government, customers, and various organizations.
Status of Conflict Minerals Usage
Investigation Results of Conflict Mineral Use Smelters (2023)
Type | Tantalum | Tin | Tungsten | Gold | Total |
---|---|---|---|---|---|
Total | 32 | 68 | 31 | 89 | 220 |
Third Party Audit Participation (%) | 100% | 100% | 100% | 100% | 100% |
Conformant | 32 | 68 | 31 | 89 | 220 |
Active | - | - | - | - | - |
Non-participating | - | - | - | - | - |
Future Measures
LG Display will make active efforts as follows so that the entire supply chain can be supplied through conflict-free smelters.
- LG Display will raise awareness of conflict minerals regulations through supply chain due diligence and education so that they can respond voluntarily, and encourage more smelters and refineries to voluntarily participate in the Responsible Minerals Assurance Process (RMAP).
- In addition, LG Display will actively participate in the regulation of prohibition of the use of conflict minerals through public-private cooperation with customers, partners, government, and academic societies, and do its best to ensure responsible mineral procurement so as not to use unethical minerals that cause human rights violations and environmental destruction, as well as minerals related to armed groups in conflict zones.