Human rights (HR)

Material aspects on HUMAN RIGHTS

Boliden’s own operations are located in countries where the risks of human rights violations is generally low. There are, however, material aspects to consider, such as Non-discrimination, Indigenous Rights and Assessment. The majority of Boliden’s human rights risks are related to the supply chain. Additional material aspects, depending on the nature and geography of the supplier, include the Freedom of Association & Collective Bargaining, Child Labour, Forced and Compulsory Labour. All of these aspects are covered by Boliden’s Supplier Human Rights Assessment. There is a Human Rights Grievance Mechanism that covers Boliden’s own operations, as well as those of our suppliers. Please see the General Disclosure and Management Approach part of GRI, in addition to indicator reporting, to learn about how Boliden manages performance within these aspects.

The London Bullion Market Association

Boliden is included on The London Bullion Market Association’s (LBMA) list of recommended gold producers, the Good Delivery List, which requires the company to comply with a set of standards and to have this compliance certified by the LBMA. The standards are based on the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas. This guidance aims “to help companies respect human rights and avoid contributing to conflict through their mineral sourcing practices. The Guidance is also intended to cultivate transparent mineral supply chains and sustainable corporate engagement in the mineral sector with a view to enabling countries to benefit from their mineral resources and preventing the extraction and trade of minerals from becoming a source of conflict, human rights abuses, and insecurity.” Companies included on the list take it upon themselves to ensure that the raw material supply chain complies with a set of ethical criteria. No minerals shall be derived from raw materials that have financed terrorism, been subject to money laundering, or are complicit in any other violation of human rights.