Product Stewardship

Environmental and social performance within operations and of product properties is of critical interest to many within the value chain and among global regulatory bodies. We generally view this interest as a positive opportunity to engage on the critical importance of our products for a sustainable future as well as on the sustainability performance of our operations. However, we want to communicate effectively and efficiently, and are cautious of the potential for redundant or unnecessary regulations, policies, initiatives or ad hoc requests for auditing schemes concerning our products and sustainability within our operations.

To remain a viable business entity, we must maintain market access for our products over the long term. Our multi-functional product stewardship team is led by our Vice President of Environmental Services and Sustainable Development and is coordinated with our global product sales and legal teams with support from technical experts. The group regularly addresses topics including:

  • Recent draft European Union and European Commission proposals regarding “conflict minerals” and responsible sourcing
  • Business to business relationships which include advancing sustainability opportunities in geographic regions, by commodity or certain stages within the value chain; this includes responsiveness to due diligence information requests from value chain members
  • Analysis and input regarding globally emerging regulations, or policies from international governmental agencies regarding product labeling and operations due diligence
  • Emerging nongovernmental sustainability certification or reporting initiatives
  • Tracking and interfacing on the product stewardship work of trade associations including the International Copper Association, ICMM, Cobalt Development Institute, and International Molybdenum Association
  • Public health areas of interest that affect access to markets for our various products
  • Other associated current or emerging mandatory compliance requirements