Human Rights Policy
The Aratas Group, consisting of Aratas Corporation and its subsidiaries ("Aratas"), is committed to fulfilling its responsibility to respect human rights. To this end, we have established the Aratas Human Rights Policy ("this Policy") and are committed to conducting our business in a manner that aligns with internationally recognized human rights principles.
Scope of Application
This Policy applies to all employees and management members of Aratas.
We also expect our business partners, including suppliers and distributors, to understand and support this Policy and will continue to engage with them to encourage respect for its principles.
Commitment to Respect Human Rights
Aratas is committed to conducting human rights due diligence in accordance with the United Nations Guiding Principles on Business and Human Rights. We seek to avoid causing or contributing to adverse human rights impacts throughout our value chain and to prevent or mitigate impacts that are directly linked to our operations, products, or services through business relationships, even where we have not contributed to those impacts.
To uphold this commitment, Aratas supports internationally recognized human rights standards and principles, including the OECD Guidelines for Multinational Enterprises and the Ten Principles of the United Nations Global Compact. We are committed to respecting human rights throughout our business activities.
Aratas also respects the human rights set out in international instruments, including the International Bill of Human Rights and the International Labour Organization (ILO) Declaration on Fundamental Principles and Rights at Work.
Where national or regional laws differ from internationally recognized human rights principles, or where conflicting requirements arise, Aratas will comply with applicable laws while seeking ways to uphold internationally recognized human rights standards to the greatest extent possible.
Key Human Rights Issues
Aratas has identified the following human rights issues as priority areas for action across its business processes, including development, procurement, manufacturing, logistics, and sales. These priorities will be reviewed periodically based on the results of human rights impact assessments conducted through the ongoing human rights due diligence carried out under this Policy.
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Discrimination and Other Unfair Treatment
Aratas prohibits discrimination, harassment, conduct that undermines personal dignity, and any other form of unfair treatment on any grounds, including ethnicity, nationality, citizenship, place of birth, race, color, creed, religion, ancestry, marital status, sex, sexual orientation, gender identity, gender expression, disability, age, pregnancy, political affiliation, union membership, social status, military service, protected genetic information, or any other characteristic protected by applicable laws and regulations.
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Forced Labor and Child Labor
Aratas does not tolerate any form of forced labor, child labor, slavery, or human trafficking, including bonded labor, indentured labor, and involuntary or exploitative prison labor.
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Freedom of Association
Aratas respects the rights of workers to freedom of association, collective bargaining, and related rights, in accordance with the laws and regulations of the countries and regions in which it operates. To foster and maintain constructive workplace relations, Aratas provides workers with relevant information and engages in good-faith consultation and dialogue.
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Harassment
Aratas does not tolerate any form of harassment, violence, or other harsh or inhumane treatment of workers, including gender-based violence, sexual harassment, sexual abuse, corporal punishment, mental or physical coercion, bullying, public humiliation, and verbal abuse.
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Occupational Health and Safety
Aratas is committed to providing safe and healthy working environments where all people can perform to the best of their abilities and realize their full potential.
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Responsible Mineral Sourcing
Aratas conducts due diligence regarding the origin and chain of custody of tantalum, tin, tungsten, gold, cobalt, and other minerals used in the products it manufactures. This due diligence is intended to provide reasonable assurance that such minerals are sourced in accordance with the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas, or another internationally recognized due diligence framework. Aratas seeks to ensure that its mineral sourcing does not directly or indirectly benefit or finance armed groups or other entities responsible for serious human rights abuses in conflict-affected and high-risk areas.
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Privacy and Personal Information
Aratas respects the privacy of every individual and handles personal information with the utmost care. Aratas complies with applicable laws and regulations relating to the protection of personal information and does not tolerate the unauthorized disclosure, misuse, or access of personal information without a legitimate business need.
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Ethical Use of Technology
Aratas seeks to understand, identify, and assess the potential human rights impacts of technologies such as AI, robotics, and IoT throughout its value chain. Aratas is committed to developing and using these technologies responsibly to prevent discrimination and other adverse impacts, including infringements of privacy and intellectual property rights.
Human Rights Governance
Aratas has established a global governance framework through which management and operational teams work together to fulfill its responsibility to respect human rights. Across its value chain, the heads of the Corporate Management Division Headquarters, Global Production Division Headquarters, Quality and Products Environment Management Headquarters, and each Business Division Headquarters are responsible for advancing human rights initiatives under authority delegated by the President and CEO.
Matters of particular importance to Aratas's commitment to human rights are reviewed and approved by the Board of Directors. The President and CEO reports on the implementation of these decisions to the Board, which oversees and monitors their execution.
Human Rights Due Diligence
To fulfill its responsibility to respect human rights, Aratas conducts human rights due diligence in accordance with this Policy. Aratas assesses actual and potential human rights impacts arising from its own activities and takes appropriate measures to prevent, mitigate, and remedy identified adverse impacts.
Aratas also seeks to prevent or mitigate adverse human rights impacts that are directly linked to its operations, products, or services through its business relationships.
Remedy
Where it becomes evident that Aratas has caused or contributed to adverse human rights impacts through its business activities, Aratas will address such impacts through appropriate processes and mechanisms.
Where adverse human rights impacts are directly linked to Aratas's operations, products, or services through its business relationships, Aratas will seek to promote their remediation through dialogue and cooperation with its business partners.
Stakeholder Engagement
Aratas will continuously enhance its efforts under this Policy through dialogue and consultation with a wide range of internal and external stakeholders, including individuals and groups who may be affected by adverse human rights impacts, their legitimate representatives, and human rights defenders.
Disclosure
Aratas is committed to transparent and accountable management. With due consideration for affected individuals and groups, stakeholders including investors, and commercially sensitive information, Aratas will disclose, as appropriate, information regarding the results and progress of its human rights due diligence efforts.
Awareness and Education
Aratas provides appropriate education and training to ensure that this Policy is understood and embedded throughout the organization by all employees and management members. Aratas also promotes understanding of this Policy among its business partners, including suppliers and distributors, and encourages alignment with its principles.
Policy Development and Review
This Policy was approved by the Board of Directors of Aratas. To ensure that it remains responsive to evolving human rights issues arising from social developments and changes in the business environment, Aratas will review the Policy periodically and revise it as necessary.