“Conflict free minerals: we don’t use that language anymore, they don’t exist”.
Found in everything from personal electronics to the green technologies helping the transition to a lower carbon future; tin, tantalum, tungsten, cobalt and gold are just a handful of the essential minerals required for the production of semiconductors and lithium-ion batteries.
Located in particularly fragile regions, political instability, coupled with weak governance and widespread corruption has led to armed groups and criminal networks vying for control over these mineral-rich areas, facilitating a multitude of human rights abuses, including exploitation, violence, forced labour and extrajudicial killings.
The increasing demand for these minerals and awareness of the regions in which they are predominantly sourced has led to concerns about the reality of truly conflict-free global supply chains. This white paper provides an insight into our collaborative engagement on conflict minerals in the semiconductor supply chain.
Chris McGoldrick, Senior Investment Analyst, Stewart Investors