Newell Brands Inc. (and its subsidiaries, collectively “Newell”) is dedicated to conducting business in a lawful and ethical manner.
At Newell Brands, we are well-positioned to drive sustainable growth by building our brands and developing our business systems in ways that responsibly address the use of earth’s resources.
In line with our Corporate Social Responsibility initiatives, this includes a commitment not only to compliance with all applicable laws and regulations, but also to conducting our business worldwide in accordance with our deep respect for human rights.
Along with governments, NGOs, the investment community, and other corporations, Newell Brands is concerned with potential human rights violations, such as forced labor, human trafficking, child labor, and the role armed conflicts may play in such violations across the Democratic Republic of Congo (DRC) and surrounding regions (“the DRC region”).
We understand that these conflicts may be directly or indirectly financed by the mining of and trade in “conflict minerals.” The term “conflict minerals” refers to tin, tungsten, tantalum, and gold (“3TG minerals”), and the ores from which they originate, that are mined in the DRC region. The 3TG minerals are present in the manufacture of a variety of commercial products, including some of our products.
Because of our support for the human rights of all people and our concern that materials in our supply chain may be inadvertently used to limit human rights, we are taking additional steps to understand whether any 3TG minerals that may be contained in our products are used to finance the conflict in the DRC region. Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 also requires publicly traded companies to inquire into the origin of 3TG minerals in their supply chains and to report on their due diligence processes and findings in filings with the Securities and Exchange Commission. Newell Brands supports the goals of this regulation.
We will take the following steps to determine the use, source and origin of 3TG minerals in our global product portfolio across our business segments. We will use a reasonable documented process to:
- Work closely with our suppliers to determine the potential use of 3TG minerals in our supply chain and, when appropriate, work with them to remediate issues and source more responsibly.
- Expect our 3TG suppliers to conduct the necessary inquiry and, where appropriate, additional due diligence to provide us with confirmation of the source of the materials used in their processes and ultimately present in our products.
- Encourage our suppliers to advocate and actively action our philosophy of sourcing 3TG minerals from socially responsible suppliers, including conflict-free mines in the DRC region.
We also commit to institute systems, procedures and strong governance processes to ensure proper implementation of these objectives across the company.
Our actions on conflict minerals support and evidence Newell Brands' long-term commitment to respect the human rights of all people and to improve the quality of life in the communities we serve.