Climate Change Data

Richardson Electronics, Ltd.

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

ESG Focus Areas

  • Conflict Minerals

Governance Achievements

  • Adopted and communicated a company policy statement (Conflict Minerals Policy) to suppliers and the public.
  • Developed a questionnaire based on the EICC/GeSI Conflict Minerals Reporting Template to identify smelters and refiners in the supply chain.
  • Included language in purchase order terms and conditions regarding Conflict Minerals compliance, including the requirement for sourcing from EICC/GeSI validated smelters.

Climate Goals & Targets

Environmental Challenges

  • Complex and fragmented supply chains make it difficult to trace the ultimate source of minerals used in manufacturing electronic components.
  • Limited visibility into the source of minerals used by manufacturers of products that Richardson Electronics resells.
  • Potential risks associated with conflict minerals in the supply chain.
Mitigation Strategies
  • Working with suppliers to ensure they share the company's philosophy and source from conflict-free sources.
  • Implementing due diligence measures conforming to the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas.
  • Utilizing information from the Conflict-Free Sourcing Initiative regarding independent third-party audits of smelters and refiners.

Supply Chain Management

Responsible Procurement
  • Conflict Minerals Policy requiring suppliers to source from conflict-free sources.
  • Purchase order terms and conditions requiring compliance with Conflict Minerals use and sourcing from EICC/GeSI validated smelters.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas