Policies for affected communities (S3-1)
Our Code of Conduct as well as our Sustainability Policy forms the basis of our approach to sustainable development and the respect of human rights. As a signatory to the UN Global Compact we fully support the 10 principles in the areas of human rights, labor, environment, and anti-corruption. We are also committed to implement the UN Guiding Principles on Business and Human Rights (UNGPs) throughout our business operations. Our Business Partner Code of Conduct (BP CoC) states that Epiroc strives to be a good and reliable corporate citizen and expects our business partners to be the same. This includes that our business partners in relation to affected communities must:
- Respect all internationally recognized human rights standards including the International Bill of Human Rights and the principles in the international Labor Organization’s Declaration on Fundamental Principles and Rights at Work and subsequent core convention.
- Exercise due diligence following the OECD due diligence guidelines if providing parts, products or raw materials that contain one or more conflict minerals, and source from conflict-affected and high-risk countries.
Epiroc’s Responsible Sales Assessment Policy is a tool for complying with the CoC commitment to support all internationally recognized human rights and respect the same in conducting Epiroc’s operations throughout the world. The scope of the RSA is i) to know our customers, ii) to understand potential risks with violation of human rights, corruption and environmental impact and iii) to find mitigation measures for these potential risks.
The policy outlines how to implement our RSA process, which requires our customer centers to identify and mitigate potential risks. Specific criteria allow us to determine when the process is required. These are:
- Country: our third-party risk analytics firm ranks countries according to risks, such as labor standards, child labor, modern slavery, impacts on land rights and indigenous people, environment as well as corruption.
- Customer: type of customer and project.
The responsibility for implementing the RSA policy rests with the divisional Presidents and General Managers for customer centers, while the VP Sustainability is responsible for updating the policy and communicating any changes. The Marketing Council is responsible for following up the implementation of the policy. An E-learning training for the RSA policy and process is available.
For information about policies relating to affected communities in our up-stream supply chain, see Epiroc’s Responsible Sourcing Policy and Policy for Critical Minerals Due Diligence in Polices for workers in the value chain.