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Sustainable Supply Chain

Declaration of Minerals Conflict-Free

Conflict-Free Minerals Management

As an important member of global supply chain in PC peripheral and consumer electronics industry and a citizen of responsible corporate, Good Way Technology Co., Ltd. (including but not limited to Good Way Technology’s affiliates, hereinafter collectively referred to as the Good Way Technology) is committed not only to advancing product development and technological improvements but also to respecting human rights in line with the spirit of the United Nations Sustainable Development Goals (SDGs). The company continues to focus on the issue of conflict minerals and is dedicated to conducting thorough investigations into its supply chain to ensure that metals such as tin, tantalum, tungsten, gold, cobalt, and Mica do not originate from conflict-affected areas defined by the OECD or equivalent organizations. As part of this commitment, Good Way Technology has established the following policies:

  • Procurement of Conflict-Free Minerals

    • The company will not procure gold, tin, tantalum, tungsten, cobalt, or Mica from mining areas located in conflict-affected regions as defined by the OECD or equivalent organizations.
    • Good Way Technology is committed to conducting due diligence on the sourcing of gold, tin, tantalum, tungsten, cobalt, or Mica to ensure that these minerals comply with the “conflict-free minerals” commitment.
    • Suppliers will be required to avoid the use of conflict minerals from affected regions and provide a declaration of commitment.
  • Disclosure of Supply Chain Information

    • We will comprehensively disclose the list of smelters and mines in our supply chain to avoid the use of conflict minerals in our products. Suppliers will be required to communicate this requirement to their upstream suppliers.
  • Conflict Mineral Management

    • In order to achieve responsible and sustainable procurement, Good Way Technology has established a Conflict free Mineral Policy and a responsible mineral procurement management process. Good Way Technology is committed to ensuring that the minerals it uses are sourced in compliance with the OECD’s Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas or other recognized due diligence frameworks.
    • Due diligence will be carried out to identify smelters and refineries that meet current global standards for responsible sourcing. We will only engage with smelters and refineries that can be verified as having responsible sourcing systems in place and will prohibit the procurement of minerals from high-risk regions. A conflict minerals report template will be provided to help the company disclose and communicate smelter information in its supply chain.
  • Conflict Mineral Investigation and Management Process

    • We follow the findings from the Responsible Minerals Initiative (RMI) to avoid the inadvertent sourcing of conflict minerals (Conflict Minerals) in our products. Suppliers will be required to establish policies to reasonably ensure that the minerals they use, such as gold, tantalum, tungsten, tin, cobalt, and Mica, are sourced from conflict-free regions and undergo due diligence to confirm their compliance with OECD guidelines or equivalent recognized standards for conflict-affected and high-risk areas (CAHRAs).
    • Good Way Technology will annually reassess its current list of smelters/refineries used in its products, based on the Conformant Smelters or Refiners List published on the RBA website. This will be conducted through supplier surveys and audits as part of the conflict mineral investigation and tracking process.
    • Good Way Technology is committed to performing due diligence and ensuring that supplier mineral sources are not from conflict or high-risk regions and comply with customer and regulatory requirements. The investigation process follows Good Way Technology's defined Conflict Mineral Management Process, which includes using the Conflict Minerals Reporting Template (CMRT) and Extended Minerals Reporting Template (EMRT) from RMI, requiring suppliers to disclose mineral sources and sign a declaration of non-use of conflict minerals.

This policy and management process are part of Good Way Technology's continuous effort to ensure ethical and sustainable practices in its mineral sourcing and to contribute to global efforts in reducing the impact of conflict minerals.

In the process, Good Way Technology will work with suppliers to confirm the reasons and necessity for using conflict minerals. Suppliers will be required to cease the procurement and use of conflict minerals, and select new mineral sources. Suppliers must also provide valid evidence to demonstrate that the new mineral sources comply with RBA requirements for conflict-free minerals. If the use of conflict minerals is deemed necessary, suppliers will be required to submit a removal plan or corrective measures.

2024 Conflict-Free Mineral Due Diligence Conformant Rate: 100%

  • Investigation Process:Good Way Technology has conducted due diligence on the sources of tin, tungsten, tantalum, gold, cobalt, and mica used by its suppliers, in accordance with the latest Conflict Minerals and Conformant Smelters/Refiners List published by the Responsible Business Alliance (RBA). Based on the investigation results, the aforementioned minerals are sourced from 253 smelters or refiners located across 45 countries, with 100% of them coming from compliant smelters or refineries.
  • Ongoing Commitment:Good Way Technology will continue to require its suppliers to procure conflict free materials, supporting human rights and sustainable business practices. The company aims to avoid the use of conflict minerals that may originate from regions associated with severe human rights violations, illegal trade, or funding violence.
GOODWAY Status 2022 2023 2024
% Conformant 100 100 100
Conflict Mineral Total SOR Conformant % Conformant
Tantalum 33 33 100
Tin 48 48 100
Tungsten 31 31 100
Gold 89 89 100
Cobalt 48 48 100
Mica 4 4 100
Overall 253 253 100

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