Captive Fastener Corp Cobalt Sourcing Policy



 

     Captive Fastener is concerned that the exploitation and trade of cobalt originating in the Democratic Republic of the Congo and adjoining regions is helping to finance conflict characterized by extreme levels of violence. As part of Captive Fastener commitment to corporate responsibility and to the respect of human rights in our operations and in our global supply chain, it is Captive Fastener goal that any use of cobalt in our products does not directly or indirectly finance or benefit armed groups in these regions.

Captive Fastener supports, and expects its suppliers to comply with, the Responsible Business Alliance (RBA) Code of Conduct and the Responsible Minerals Initiative (RMI).  Although Captive Fastener does not directly source cobalt, Captive Fasteners requires each of its suppliers to have in place cobalt sourcing policies and to, at a minimum, conduct annual due diligence on their own supply chain, that will enable these suppliers to conduct responsible sourcing and to not knowingly procure or provide to Captive Fastener materials that contain cobalt from conflict areas of the DRC or adjoining countries.

 

 

 

Regards

Captive Fastener Corporation

 

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