Policy – Supply Chain
Osia Gems Pvt.Ltd. expects it's suppliers to have in place policies and due diligence measures that will enable us to reasonably assure that products and components supplied to us containing conflict minerals are DRC conflict free.
We being a responsible company, Osia Gems Pvt.Ltd. supports the goal of preventing armed groups in the Democratic Republic of the Congo and adjoining countries from benefitting from the sourcing of Conflict Minerals from that region.
Osia Gems Pvt.Ltd. is committed to working with its suppliers to educate them on these matters and concerning steps they can take to obtain increased transparency regarding the origin of minerals contained in the products they manufacture and sell to Osia Gems Pvt.Ltd..
Osia Gems Pvt.Ltd. reserves the right to request additional documentation from its suppliers regarding the origin of any Conflict Minerals included in any products sold to Osia Gems Pvt.Ltd.
Suppliers who do not reasonably comply with this Policy shall be reviewed by Osia Gems Pvt.Ltd. for future business.
Policy – Sourcing
Osia Gems Pvt.Ltd. is committed to ensuring that our supply chain is free of any metal which was procured for the support or benefit of armed and anti social conflict groups or involving serious abuses of human rights and non compliant with OECD Guidelines.
The company shall carry out risk assessment for its supply chain and shall not enter into any business relationship or if may require then shall suspend/discontinue the engagement with any such supplier involved in dealing with Conflict-Affected and High-Risk areas, Any form of Human Right Violation; Torture, Cruel, In-Human and Degrading Treatment; Forced/Compulsory Labour; Child Labour; Abuses such as widespread Sexual Violence; War Crimes; other serious violations of International Humanitarian Law, Crime against Humanity; Genocide and/or To Bribe or To be Bribed. We strictly condemn and prohibit any Direct/Indirect support to public/private security forces which illegally Control, Tax or Extort money from Mining Sites, Transportation Routes and Upstream Sectors.
The Company shall carry out due diligence to assess risks related to procurement from the Conflict-affected and high-risk areas – CAHRAs and shall always source from compliant miners/refiners/traders.
We shall always set reasonable efforts to source Conflict Minerals from smelters and refiners validated as being DRC Conflict Free, and require their direct and indirect suppliers to do the same;
We strive to work supportively with our customers and supply chain partners in implementing conflict minerals compliance programs.
Policy –Due Diligence
The company shall always undertake to ensure that the extraction and trade of diamond support peace and development, not conflict.
Osia Gems Pvt.Ltd. remains committed to enhance its Supply Chain Due Diligence program through internal review and external assessments. We have zero tolerance policy for the supplier violating OECD due diligence guideline and we shall immediately stop commercial relationship if any of our business associates found non-compliant or High-Risk during our internal/external risk assessment.
Currently Osia Gems Pvt.Ltd. procure it’s precious metals from RJC-CoC and CoP compliant miners/refiners/traders. However, we have established a strong due diligence process and we shall review it as an when we observed significant risk or upon receipt of any grievance or complaint but in normal course, we shall carry our due diligence process on annual basis.
Grievance Mechanism
Our employees, suppliers and other parties can report concerns and alleged violations of supply chain/sourcing/due diligence policy as follows:
Email: info@osiagems.com
Reports can be made anonymously and will be kept confidential to the fullest extent practicable and allowed by law.
We will not take any retaliatory action against our employees, suppliers, or other parties who make a report in good faith.
Our suppliers are encouraged to contact info@osiagems.com if they wish to seek guidance on the application of this Policy.