Session 4: Expanding due diligence to new supply chains
May 3, 2022 | 11:30 AM - 12:45 PM
May 3, 2022 | 11:30 AM - 12:45 PM
Description
Technical discussion of critical minerals and parallels with other supply chains
While due diligence has become a basic expectation for many mineral supply chains, others remain virtual greenfields where due diligence is yet to become firmly established. This session will examine the issue through several lenses and across multiply supply chains. It will be an opportunity to draw on the high-level interventions from the Forum opening to delve deeper from a technical perspective into the implications for the responsible trade in minerals stemming from the growing interest in securing a stable supply of critical minerals. This will span, in particular, how to maintain global alignment with the OECD Due Diligence Guidance, conducting effective due diligence in supply chains that are configured differently and have different risk exposures compared to supply chains with more experience in due diligence, as well as the ways in which security of supply and responsible engagement of high-risk and informal sources go hand in hand. The session will explore similar issues being confronted in other supply chains less familiar with due diligence. In addition, the session will examine issues that are sometimes overlooked when extending due diligence to new supply chains, especially important considering the significant differences in configuration, risk profile and responsible sourcing context between supply chains. This part of the session will also provide an opportunity to examine how supply chains only beginning to adopt due diligence can integrate a gender lens from the outset.
