EX-1.01 2 a17-14424_1ex1d01.htm EX-1.01

EXHIBIT 1.01

 

Conflict Minerals Report of Helen of Troy Limited

In accord with Rule 13p-1 under the Securities Exchange Act of 1934

 

This is the Conflict Minerals Report of Helen of Troy Limited (“Helen of Troy”, the “Company”) for calendar year 2016 (excepting conflict minerals that, prior to January 31, 2013, were located outside of the supply chain) in accord with Rule 13p-1 under the Securities Exchange Act of 1934 (“Rule 13p-1”).

 

1.                                      Introduction

 

Helen of Troy is a leading global consumer products company offering creative solutions for our customers through a diversified portfolio of well-recognized and widely trusted brands. We have built leading market positions through new product innovation, product quality and competitive pricing. Helen of Troy was incorporated as Helen of Troy Corporation in Texas in 1968 and reorganized as Helen of Troy Limited in Bermuda in 1994.  Helen of Troy has four business segments: Housewares, Health & Home, Nutritional Supplements and Beauty.  The Housewares segment provides a broad range of products to help with food preparation, cooking, cleaning, organization, beverage service, and other tasks to ease everyday living for families. Sales for the segment are primarily to retailers, with some direct-to-consumer product distribution. The Health & Home segment provides healthcare and home comfort products. Sales for the segment are primarily to retailers, with some direct-to-consumer product distribution. The Nutritional Supplements segment provides premium branded doctor formulated nutritional supplements, skincare and pain relief products to help people lead healthier, happier lives. This segment sells primarily direct-to-consumer. The Beauty segment provides personal care, beauty care and wellness products including hair styling appliances; grooming tools; decorative haircare accessories; and liquid-, solid- and powder-based personal care products. This segment sells primarily to retailers and beauty supply wholesalers.  Helen of Troy purchases its products from unaffiliated manufacturers, most of which are located in China, Mexico and the United States.

 

Helen of Troy contracts to have products manufactured that may contain gold, tantalum, tin and tungsten (“3TG”).  As these materials may be necessary to Helen of Troy’s products, the Company has embarked on a process to trace the origin of these metals to determine whether its sourcing practices support conflict or human rights abuses in the Democratic Republic of Congo (“DRC”) and the surrounding area (the “Covered Countries”). The intent of this Conflict Minerals Report (“CMR”) is to describe this due diligence process.

 

1



 

2.                                      Product Description

 

Helen of Troy contracts to have products manufactured that may contain 3TG, such as houseware, health & home, and beauty consumer products.  Helen of Troy purchases finished product and is therefore several tiers removed from the mining operations.  The Company does not purchase any materials directly from smelters or refiners so Helen of Troy must rely on its suppliers to provide reliable and accurate information about 3TG.

 

Helen of Troy’s suppliers were requested to use the Conflict Minerals Reporting Template (“CMRT”) to identify gold, tantalum, tin and tungsten smelters or refiners (“SORs”) and associated countries of origin.  Verified SORs were matched against available lists of processors that have been certified by internationally-recognized industry validation schemes, such as the Conflict-Free Sourcing Initiative’s (“CFSI”) Conflict-Free Smelter Program (“CFSP”), the London Bullion Market Association Good Delivery Program (“LBMA”), and the Responsible Jewelry Council Chain-of-Custody Certification (“RJC”).  Conflict free certification information is current as of April 21, 2017.

 

3.                                            Reasonable Country of Origin Inquiry Description

 

Helen of Troy obtained the aforementioned product information by implementing a Reasonable Country of Origin Inquiry (“RCOI”).  Helen of Troy assembled an internal team comprised of representatives from Helen of Troy’s finance, legal and supply chain departments.  Helen of Troy engaged Source Intelligence (“SI”), a third party information management service provider, to gather information from suppliers and establish a system of controls and transparency over its supply chain. This is the fourth consecutive year the Company worked with SI. Helen of Troy’s Tier 1 suppliers were engaged by SI to collect information regarding the presence and sourcing of 3TG used in the products supplied to them.  Information was collected and stored using an online platform provided by SI.

 

Supplier Engagement

 

As in previous years, the RCOI began with an introduction email from Helen of Troy to suppliers describing its conflict minerals reporting requirements. Following that introduction email, a subsequent email was sent to suppliers containing a registration and survey request link to the online data collection platform.  In an effort to increase awareness of the Company’s conflict minerals reporting requirements, supporting regulation, and frequently asked questions (FAQs) concerning 3TG mineral tracing, Helen of Troy’s suppliers were given access to an online Supplier Resource Center.  The Supplier Resource Center provided educational information to facilitate a deeper understanding of conflict minerals and to inform suppliers as to why information was being requested.

 

2



 

Subsequent engagement followed these steps:

 

·                  Following the initial introductions to the program and information request, up to five reminder emails were sent to each non-responsive supplier requesting survey completion.

 

·                  Suppliers who remained non-responsive to these email reminders were contacted by telephone and offered assistance. This assistance included, but was not limited to, further information about the conflict minerals reporting requirements, an explanation of why the information was being collected, a review of how the information would be used, and clarification regarding how the information could be provided.

 

Information Requested

 

Suppliers were asked to provide information regarding the sourcing of their materials with the ultimate goal of identifying the 3TG SORs and associated mine countries of origin. Suppliers who had already performed a RCOI through the use of the CMRT were asked to upload this document into the online data collection platform or to provide this information in the online survey version. Suppliers were given nine language options to choose from when submitting the CMRT.

 

Suppliers had the ability to share information at a level with which they are most comfortable, i.e. company, product or user-defined, but the declaration scope had to be specified. Supplier responses were evaluated for plausibility, consistency, and gaps. Additional supplier contacts were conducted as needed.  At all times during the above steps, Helen of Troy’s internal team was able to monitor progress 24 hours per day, 7 days per week via access to the Helen of Troy online data collection platform provided by SI.

 

4.                                            RCOI Results

 

Helen of Troy’s RCOI process revealed the following:

 

·                  A total of 161 Tier 1 suppliers were identified by Helen of Troy as potentially in-scope for conflict mineral reporting purposes and all were contacted as part of the RCOI process.  The survey response rate among these suppliers was 83% (134 responding suppliers).

·                  Of the 134 responding suppliers, 38% (51 suppliers) indicated conflict minerals were necessary to the functionality or production of the products they supply to Helen of Troy.

·                  The 51 suppliers using conflict minerals provided names of 303 verified SORs.

·                  Of the 303 verified SORs, 247 are currently certified, 9 are actively moving through the certification process, and 47 have unknown status.  237 of the 303 verified SORs are not known to source from the DRC/Covered Countries.

 

3



 

 

·                  Sixty-six of the 303 verified SORs indicated possible DRC/Covered Countries sourcing.  Sixty-five of those smelters are certified conflict free. The remaining one smelter has gone out of business.

 

The following table lists the verified SORs provided by Helen of Troy’s suppliers, along with the certification status of each SOR as of April 21, 2017.

 

 

 

Metal

 

Smelter/Refiner

 

Certification Status

1

 

Gold

 

Abington Reldan Metals, LLC

 

CFSP - Active

2

 

Gold

 

Advanced Chemical Company

 

CFSP

3

 

Gold

 

Aida Chemical Industries Co., Ltd.

 

CFSP

4

 

Gold

 

Al Etihad Gold

 

CFSP

5

 

Gold

 

Allgemeine Gold-und Silberscheideanstalt A.G.

 

LBMA, RJC, CFSP

6

 

Gold

 

Almalyk Mining and Metallurgical Complex (AMMC)

 

LBMA, CFSP

7

 

Gold

 

AngloGold Ashanti

 

LBMA, CFSP

8

 

Gold

 

Argor-Heraeus SA

 

LBMA, RJC, CFSP

9

 

Gold

 

Asahi Pretec Corporation

 

LBMA, CFSP

10

 

Gold

 

Asahi Refining Canada Limited

 

LBMA, CFSP

11

 

Gold

 

Asahi Refining USA Inc.

 

LBMA, CFSP

12

 

Gold

 

Asaka Riken Co., Ltd.

 

CFSP

13

 

Gold

 

Atasay Kuyumculuk Sanayi Ve Ticaret A.S.

 

Unknown

14

 

Gold

 

AU Traders and Refiners

 

RJC, CFSP

15

 

Gold

 

Aurubis AG

 

LBMA, CFSP

16

 

Gold

 

Bangalore Refinery

 

CFSP - Active

17

 

Gold

 

Bangko Sentral ng Pilipinas (Central Bank of the Philippines)

 

LBMA, CFSP

18

 

Gold

 

Boliden AB

 

LBMA, CFSP

19

 

Gold

 

C. Hafner GmbH + Co. KG

 

LBMA, RJC, CFSP

 

4



 

 

 

Metal

 

Smelter/Refiner

 

Certification Status

20

 

Gold

 

Caridad

 

Unknown

21

 

Gold

 

CCR Refinery - Glencore Canada Corporation

 

LBMA, CFSP

22

 

Gold

 

Cendres + Métaux SA

 

CFSP - Active

23

 

Gold

 

Chimet S.p.A.

 

LBMA, CFSP

24

 

Gold

 

Chugai Mining

 

Unknown

25

 

Gold

 

Daejin Indus Co., Ltd.

 

CFSP

26

 

Gold

 

Daye Non-Ferrous Metals Mining Ltd.

 

LBMA

27

 

Gold

 

DODUCO GmbH

 

CFSP

28

 

Gold

 

Dowa

 

CFSP

29

 

Gold

 

DSC (Do Sung Corporation)

 

CFSP

30

 

Gold

 

Eco-System Recycling Co., Ltd.

 

CFSP

31

 

Gold

 

Elemetal Refining, LLC

 

LBMA

32

 

Gold

 

Emirates Gold DMCC

 

CFSP

33

 

Gold

 

Fidelity Printers and Refiners Ltd.

 

Unknown

34

 

Gold

 

Gansu Seemine Material Hi-Tech Co Ltd

 

Unknown

35

 

Gold

 

Geib Refining Corporation

 

CFSP

36

 

Gold

 

Gold Refinery of Zijin Mining Group Co., Ltd

 

LBMA, CFSP

37

 

Gold

 

Great Wall Precious Metals Co., Ltd. of CBPM

 

LBMA

38

 

Gold

 

Guangdong Jinding Gold Limited

 

Unknown

39

 

Gold

 

Gujarat Gold Centre

 

Unknown

40

 

Gold

 

Guoda Safina High-Tech Environmental Refinery Co., Ltd.

 

Unknown

41

 

Gold

 

Hangzhou Fuchunjiang Smelting Co., Ltd.

 

Unknown

42

 

Gold

 

Heimerle + Meule GmbH

 

LBMA, CFSP

43

 

Gold

 

Heraeus Metals Hong Kong Ltd

 

LBMA, RJC, CFSP

44

 

Gold

 

Heraeus Precious Metals GmbH & Co. KG

 

LBMA, CFSP

45

 

Gold

 

Hunan Chenzhou Mining Co., Ltd.

 

Unknown

46

 

Gold

 

HwaSeong CJ Co. Ltd

 

Unknown

47

 

Gold

 

Inner Mongolia Qiankun Gold and Silver Refinery Share Co., Ltd.

 

LBMA, CFSP

48

 

Gold

 

Ishifuku Metal Industry Co., Ltd.

 

LBMA, CFSP

49

 

Gold

 

Istanbul Gold Refinery

 

LBMA, CFSP

50

 

Gold

 

Japan Mint

 

LBMA, CFSP

51

 

Gold

 

Jiangxi Copper Company Limited

 

LBMA, CFSP

52

 

Gold

 

JSC Ekaterinburg Non-Ferrous Metal Processing Plant

 

LBMA, CFSP

53

 

Gold

 

JSC Uralelectromed

 

LBMA, CFSP

54

 

Gold

 

JX Nippon Mining & Metals Co., Ltd.

 

LBMA, CFSP

55

 

Gold

 

Kaloti Precious Metals

 

Unknown

56

 

Gold

 

Kazzinc

 

LBMA, CFSP

57

 

Gold

 

Kennecott Utah Copper LLC

 

LBMA, RJC, CFSP

58

 

Gold

 

KGHM Polska Miedź Spółka Akcyjna

 

CFSP - Active

59

 

Gold

 

Kojima Chemicals Co., Ltd.

 

CFSP

60

 

Gold

 

Korea Zinc Co., Ltd.

 

CFSP

61

 

Gold

 

Kyrgyzaltyn JSC

 

LBMA, CFSP

62

 

Gold

 

L’azurde Company For Jewelry

 

Unknown

63

 

Gold

 

Lingbao Gold Company Ltd.

 

Unknown

64

 

Gold

 

Lingbao Jinyuan Tonghui Refinery Co. Ltd.

 

Unknown

 

5



 

 

 

Metal

 

Smelter/Refiner

 

Certification Status

65

 

Gold

 

LS-NIKKO Copper Inc.

 

LBMA, CFSP

66

 

Gold

 

Luoyang Zijin Yinhui Gold Refinery Co., Ltd.

 

Unknown

67

 

Gold

 

Materion

 

CFSP

68

 

Gold

 

Matsuda Sangyo Co., Ltd.

 

LBMA, CFSP

69

 

Gold

 

Metalor Technologies (Hong Kong) Ltd.

 

LBMA, RJC, CFSP

70

 

Gold

 

Metalor Technologies (Singapore) Pte., Ltd.

 

LBMA, RJC, CFSP

71

 

Gold

 

Metalor Technologies (Suzhou) Co Ltd

 

RJC, CFSP

72

 

Gold

 

Metalor Technologies SA

 

LBMA, RJC, CFSP

73

 

Gold

 

Metalor USA Refining Corporation

 

LBMA, RJC, CFSP

74

 

Gold

 

METALÚRGICA MET-MEX PEÑOLES, S.A. DE C.V

 

LBMA, CFSP

75

 

Gold

 

Mitsubishi Materials Corporation

 

LBMA, CFSP

76

 

Gold

 

Mitsui Mining and Smelting Co., Ltd.

 

LBMA, CFSP

77

 

Gold

 

MMTC-PAMP India Pvt., Ltd.

 

LBMA, CFSP

78

 

Gold

 

Modeltech Sdn Bhd

 

CFSP - Active

79

 

Gold

 

Morris and Watson

 

Unknown

80

 

Gold

 

Moscow Special Alloys Processing Plant

 

LBMA, CFSP

81

 

Gold

 

Nadir Metal Rafineri San. Ve Tic. A.Ş.

 

LBMA, CFSP

82

 

Gold

 

Navoi Mining and Metallurgical Combinat

 

LBMA, CFSP - Active

83

 

Gold

 

Nihon Material Co., Ltd.

 

LBMA, CFSP

84

 

Gold

 

Ögussa Österreichische Gold- und Silber-Scheideanstalt GmbH

 

RJC, CFSP

85

 

Gold

 

Ohura Precious Metal Industry Co., Ltd.

 

CFSP

86

 

Gold

 

OJSC “The Gulidov Krasnoyarsk Non-Ferrous Metals Plant” (OJSC Krastsvetmet)

 

LBMA, CFSP

87

 

Gold

 

OJSC Novosibirsk Refinery

 

LBMA, CFSP

88

 

Gold

 

PAMP S.A.

 

LBMA, RJC, CFSP

89

 

Gold

 

Penglai Penggang Gold Industry Co Ltd

 

Unknown

90

 

Gold

 

Prioksky Plant of Non-Ferrous Metals

 

LBMA, CFSP

91

 

Gold

 

PT Aneka Tambang (Persero) Tbk

 

LBMA, CFSP

92

 

Gold

 

PX Precinox SA

 

LBMA, RJC, CFSP

93

 

Gold

 

Rand Refinery (Pty) Ltd.

 

LBMA, CFSP

94

 

Gold

 

Remondis Argentia B.V.

 

Unknown

95

 

Gold

 

Republic Metals Corporation

 

LBMA, RJC, CFSP

96

 

Gold

 

Royal Canadian Mint

 

LBMA, CFSP

97

 

Gold

 

SAAMP

 

RJC

98

 

Gold

 

Sabin Metal Corp.

 

Unknown

99

 

Gold

 

SAFINA A.S.

 

Unknown

100

 

Gold

 

Sai Refinery

 

Unknown

101

 

Gold

 

Samduck Precious Metals

 

CFSP

102

 

Gold

 

SAMWON METALS Corp.

 

Unknown

103

 

Gold

 

SAXONIA Edelmetalle GmbH

 

CFSP

104

 

Gold

 

Schone Edelmetaal B.V.

 

LBMA, CFSP

105

 

Gold

 

SEMPSA Joyería Platería SA

 

LBMA, CFSP

106

 

Gold

 

Shandong Tiancheng Biological Gold Industrial Co., Ltd.

 

Unknown

107

 

Gold

 

Shandong Zhaojin Gold & Silver Refinery Co., Ltd.

 

LBMA, CFSP

108

 

Gold

 

Sichuan Tianze Precious Metals Co., Ltd.

 

LBMA, CFSP

 

6



 

 

 

Metal

 

Smelter/Refiner

 

Certification Status

109

 

Gold

 

Singway Technology Co., Ltd.

 

CFSP

110

 

Gold

 

So Accurate Group, Inc.

 

Unknown

111

 

Gold

 

SOE Shyolkovsky Factory of Secondary Precious Metals

 

LBMA, CFSP

112

 

Gold

 

Solar Applied Materials Technology Corp.

 

LBMA, CFSP

113

 

Gold

 

Sudan Gold Refinery

 

Unknown

114

 

Gold

 

Sumitomo Metal Mining Co., Ltd.

 

LBMA, CFSP

115

 

Gold

 

T.C.A S.p.A

 

LBMA, CFSP

116

 

Gold

 

Tanaka Kikinzoku Kogyo K.K.

 

LBMA, CFSP

117

 

Gold

 

The Refinery of Shandong Gold Mining Co., Ltd.

 

LBMA, CFSP

118

 

Gold

 

Tokuriki Honten Co., Ltd.

 

LBMA, CFSP

119

 

Gold

 

TongLing Nonferrous Metals Group Holdings Co., Ltd.

 

Unknown

120

 

Gold

 

Tony Goetz NV

 

Unknown

121

 

Gold

 

Torecom

 

CFSP

122

 

Gold

 

Umicore Brasil Ltda.

 

LBMA, CFSP

123

 

Gold

 

Umicore Precious Metals Thailand

 

RJC, CFSP

124

 

Gold

 

Umicore SA Business Unit Precious Metals Refining

 

LBMA, CFSP

125

 

Gold

 

United Precious Metal Refining, Inc.

 

RJC, CFSP

126

 

Gold

 

Valcambi SA

 

LBMA, RJC, CFSP

127

 

Gold

 

Western Australian Mint trading as The Perth Mint

 

LBMA, CFSP

128

 

Gold

 

WIELAND Edelmetalle GmbH

 

CFSP

129

 

Gold

 

Yamamoto Precious Metal Co., Ltd.

 

CFSP

130

 

Gold

 

Yokohama Metal Co., Ltd.

 

CFSP

131

 

Gold

 

Yunnan Copper Industry Co Ltd

 

Unknown

132

 

Gold

 

Zhongyuan Gold Smelter of Zhongjin Gold Corporation

 

LBMA, CFSP

133

 

Tantalum

 

Changsha South Tantalum Niobium Co., Ltd.

 

CFSP

134

 

Tantalum

 

Conghua Tantalum and Niobium Smeltry

 

CFSP

135

 

Tantalum

 

D Block Metals, LLC

 

CFSP

136

 

Tantalum

 

Duoluoshan

 

CFSP

137

 

Tantalum

 

Exotech Inc.

 

CFSP

138

 

Tantalum

 

F&X Electro-Materials Ltd.

 

CFSP

139

 

Tantalum

 

FIR Metals & Resource Ltd.

 

CFSP

140

 

Tantalum

 

Global Advanced Metals Aizu

 

CFSP

141

 

Tantalum

 

Global Advanced Metals Boyertown

 

CFSP

142

 

Tantalum

 

Guangdong Zhiyuan New Material Co., Ltd.

 

CFSP

143

 

Tantalum

 

H.C. Starck Co., Ltd.

 

CFSP

144

 

Tantalum

 

H.C. Starck Hermsdorf GmbH

 

CFSP

145

 

Tantalum

 

H.C. Starck Inc.

 

CFSP

146

 

Tantalum

 

H.C. Starck Ltd.

 

CFSP

147

 

Tantalum

 

H.C. Starck Smelting GmbH & Co. KG

 

CFSP

148

 

Tantalum

 

H.C. Starck Tantalum and Niobium GmbH

 

CFSP

149

 

Tantalum

 

Hengyang King Xing Lifeng New Materials Co., Ltd.

 

CFSP

150

 

Tantalum

 

Hi-Temp Specialty Metals, Inc.

 

CFSP

151

 

Tantalum

 

Jiangxi Dinghai Tantalum & Niobium Co., Ltd.

 

CFSP

152

 

Tantalum

 

Jiangxi Tuohong New Raw Material

 

CFSP

153

 

Tantalum

 

JiuJiang JinXin Nonferrous Metals Co., Ltd.

 

CFSP

 

7



 

 

 

Metal

 

Smelter/Refiner

 

Certification Status

154

 

Tantalum

 

Jiujiang Nonferrous Metals Smelting Company Limited

 

CFSP

155

 

Tantalum

 

Jiujiang Zhongao Tantalum & Niobium Co., Ltd.

 

CFSP

156

 

Tantalum

 

KEMET Blue Metals

 

CFSP

157

 

Tantalum

 

Kemet Blue Powder

 

CFSP

158

 

Tantalum

 

King-Tan Tantalum Industry Ltd.

 

CFSP

159

 

Tantalum

 

LSM Brasil S.A.

 

CFSP

160

 

Tantalum

 

Metallurgical Products India Pvt., Ltd.

 

CFSP

161

 

Tantalum

 

Mineração Taboca S.A.

 

CFSP

162

 

Tantalum

 

Mitsui Mining and Smelting Co., Ltd.

 

CFSP

163

 

Tantalum

 

Ningxia Orient Tantalum Industry Co., Ltd.

 

CFSP

164

 

Tantalum

 

NPM Silmet AS

 

CFSP

165

 

Tantalum

 

QuantumClean

 

CFSP

166

 

Tantalum

 

Resind Indústria e Comércio Ltda.

 

CFSP

167

 

Tantalum

 

RFH Tantalum Smeltry Co., Ltd.

 

CFSP

168

 

Tantalum

 

Solikamsk Magnesium Works OAO

 

CFSP

169

 

Tantalum

 

Taki Chemical Co., Ltd.

 

CFSP

170

 

Tantalum

 

Telex Metals

 

CFSP

171

 

Tantalum

 

Tranzact, Inc.

 

CFSP

172

 

Tantalum

 

Ulba Metallurgical Plant JSC

 

CFSP

173

 

Tantalum

 

XinXing Haorong Electronic Material Co., Ltd.

 

CFSP

174

 

Tantalum

 

Yichun Jin Yang Rare Metal Co., Ltd.

 

CFSP

175

 

Tantalum

 

Zhuzhou Cemented Carbide Group Co., Ltd.

 

CFSP

176

 

Tin

 

Alpha

 

CFSP

177

 

Tin

 

An Thai Minerals Company Limited

 

Unknown

178

 

Tin

 

An Vinh Joint Stock Mineral Processing Company

 

Unknown

179

 

Tin

 

Chenzhou Yunxiang Mining and Metallurgy Company Limited

 

CFSP

180

 

Tin

 

China Tin Group Co., Ltd.

 

CFSP

181

 

Tin

 

CNMC (Guangxi) PGMA Co. Ltd.

 

Unknown

182

 

Tin

 

Cooperativa Metalurgica de Rondônia Ltda.

 

CFSP

183

 

Tin

 

CV Ayi Jaya

 

CFSP

184

 

Tin

 

CV Dua Sekawan

 

CFSP

185

 

Tin

 

CV Gita Pesona

 

CFSP

186

 

Tin

 

CV Serumpun Sebalai

 

CFSP

187

 

Tin

 

CV Tiga Sekawan

 

CFSP

188

 

Tin

 

CV United Smelting

 

CFSP

189

 

Tin

 

CV Venus Inti Perkasa

 

CFSP

190

 

Tin

 

Dowa

 

CFSP

191

 

Tin

 

Electro-Mechanical Facility of the Cao Bang Minerals & Metallurgy Joint Stock Company

 

Unknown

192

 

Tin

 

Elmet S.L.U.

 

CFSP

193

 

Tin

 

EM Vinto

 

CFSP

194

 

Tin

 

Estanho de Rondônia S.A.

 

Unknown

195

 

Tin

 

Fenix Metals

 

CFSP

196

 

Tin

 

Gejiu Fengming Metallurgy Chemical Plant

 

CFSP

197

 

Tin

 

Gejiu Jinye Mineral Company

 

CFSP

 

8



 

 

 

Metal

 

Smelter/Refiner

 

Certification Status

198

 

Tin

 

Gejiu Kai Meng Industry and Trade LLC

 

CFSP - Active

199

 

Tin

 

Gejiu Non-Ferrous Metal Processing Co., Ltd.

 

CFSP

200

 

Tin

 

Gejiu Yunxin Nonferrous Electrolysis Co., Ltd.

 

CFSP - Active

201

 

Tin

 

Gejiu Zili Mining And Metallurgy Co., Ltd.

 

Unknown

202

 

Tin

 

Guanyang Guida Nonferrous Metal Smelting Plant

 

CFSP

203

 

Tin

 

HuiChang Hill Tin Industry Co., Ltd.

 

CFSP

204

 

Tin

 

Huichang Jinshunda Tin Co. Ltd

 

Unknown

205

 

Tin

 

Jiangxi Ketai Advanced Material Co., Ltd.

 

CFSP

206

 

Tin

 

Magnu’s Minerais Metais e Ligas Ltda.

 

CFSP

207

 

Tin

 

Malaysia Smelting Corporation (MSC)

 

CFSP

208

 

Tin

 

Melt Metais e Ligas S.A.

 

CFSP

209

 

Tin

 

Metallic Resources, Inc.

 

CFSP

210

 

Tin

 

Metallo-Chimique N.V.

 

CFSP

211

 

Tin

 

Mineração Taboca S.A.

 

CFSP

212

 

Tin

 

Minsur

 

CFSP

213

 

Tin

 

Mitsubishi Materials Corporation

 

CFSP

214

 

Tin

 

Modeltech Sdn Bhd

 

Unknown

215

 

Tin

 

Nankang Nanshan Tin Co., Ltd.

 

Unknown

216

 

Tin

 

Nghe Tinh Non-Ferrous Metals Joint Stock Company

 

Unknown

217

 

Tin

 

O.M. Manufacturing (Thailand) Co., Ltd.

 

CFSP

218

 

Tin

 

O.M. Manufacturing Philippines, Inc.

 

CFSP

219

 

Tin

 

Operaciones Metalurgical S.A.

 

CFSP

220

 

Tin

 

PT Aries Kencana Sejahtera

 

CFSP

221

 

Tin

 

PT Artha Cipta Langgeng

 

CFSP

222

 

Tin

 

PT ATD Makmur Mandiri Jaya

 

CFSP

223

 

Tin

 

PT Babel Inti Perkasa

 

CFSP

224

 

Tin

 

PT Bangka Prima Tin

 

CFSP

225

 

Tin

 

PT Bangka Tin Industry

 

CFSP

226

 

Tin

 

PT Belitung Industri Sejahtera

 

CFSP

227

 

Tin

 

PT Bukit Timah

 

CFSP

228

 

Tin

 

PT Cipta Persada Mulia

 

CFSP

229

 

Tin

 

PT DS Jaya Abadi

 

CFSP

230

 

Tin

 

PT Eunindo Usaha Mandiri

 

CFSP

231

 

Tin

 

PT Inti Stania Prima

 

CFSP

232

 

Tin

 

PT Justindo

 

Unknown

233

 

Tin

 

PT Karimun Mining

 

CFSP

234

 

Tin

 

PT Kijang Jaya Mandiri

 

CFSP

235

 

Tin

 

PT Mitra Stania Prima

 

CFSP

236

 

Tin

 

PT O.M. Indonesia

 

CFSP

237

 

Tin

 

PT Panca Mega Persada

 

CFSP

238

 

Tin

 

PT Prima Timah Utama

 

CFSP

239

 

Tin

 

PT Refined Bangka Tin

 

CFSP

240

 

Tin

 

PT Sariwiguna Binasentosa

 

CFSP

241

 

Tin

 

PT Stanindo Inti Perkasa

 

CFSP

242

 

Tin

 

PT Sukses Inti Makmur

 

CFSP

 

9



 

 

 

Metal

 

Smelter/Refiner

 

Certification Status

243

 

Tin

 

PT Sumber Jaya Indah

 

CFSP

244

 

Tin

 

PT Timah (Persero) Tbk Kundur

 

CFSP

245

 

Tin

 

PT Timah (Persero) Tbk Mentok

 

CFSP

246

 

Tin

 

PT Tinindo Inter Nusa

 

CFSP

247

 

Tin

 

PT Tirus Putra Mandiri

 

Unknown

248

 

Tin

 

PT Tommy Utama

 

CFSP

249

 

Tin

 

PT WAHANA PERKIT JAYA

 

CFSP

250

 

Tin

 

Resind Indústria e Comércio Ltda.

 

CFSP

251

 

Tin

 

Rui Da Hung

 

CFSP

252

 

Tin

 

Soft Metais Ltda.

 

CFSP

253

 

Tin

 

Thaisarco

 

CFSP

254

 

Tin

 

Tuyen Quang Non-Ferrous Metals Joint Stock Company

 

Unknown

255

 

Tin

 

VQB Mineral and Trading Group JSC

 

CFSP

256

 

Tin

 

White Solder Metalurgia e Mineração Ltda.

 

CFSP

257

 

Tin

 

Yunnan Chengfeng Non-ferrous Metals Co.,Ltd.

 

CFSP - Active

258

 

Tin

 

Yunnan Tin Group (Holding) Company Limited

 

CFSP

259

 

Tungsten

 

A.L.M.T. Corp.

 

CFSP

260

 

Tungsten

 

ACL Metais Eireli

 

Unknown

261

 

Tungsten

 

Asia Tungsten Products Vietnam Ltd.

 

CFSP

262

 

Tungsten

 

Chenzhou Diamond Tungsten Products Co., Ltd.

 

CFSP

263

 

Tungsten

 

Chongyi Zhangyuan Tungsten Co., Ltd.

 

CFSP

264

 

Tungsten

 

Dayu Weiliang Tungsten Co., Ltd.

 

Unknown

265

 

Tungsten

 

Fujian Jinxin Tungsten Co., Ltd.

 

CFSP

266

 

Tungsten

 

Ganzhou Huaxing Tungsten Products Co., Ltd.

 

CFSP

267

 

Tungsten

 

Ganzhou Jiangwu Ferrotungsten Co., Ltd.

 

CFSP

268

 

Tungsten

 

Ganzhou Seadragon W & Mo Co., Ltd.

 

CFSP

269

 

Tungsten

 

Ganzhou Yatai Tungsten Co., Ltd.

 

Unknown

270

 

Tungsten

 

Global Tungsten & Powders Corp.

 

CFSP

271

 

Tungsten

 

Guangdong Xianglu Tungsten Co., Ltd.

 

CFSP

272

 

Tungsten

 

H.C. Starck Smelting GmbH & Co. KG

 

CFSP

273

 

Tungsten

 

H.C. Starck Tungsten GmbH

 

CFSP

274

 

Tungsten

 

Hunan Chenzhou Mining Co., Ltd.

 

CFSP

275

 

Tungsten

 

Hunan Chuangda Vanadium Tungsten Co., Ltd. Wuji

 

CFSP

276

 

Tungsten

 

Hunan Chunchang Nonferrous Metals Co., Ltd.

 

CFSP

277

 

Tungsten

 

Hydrometallurg, JSC

 

CFSP

278

 

Tungsten

 

Japan New Metals Co., Ltd.

 

CFSP

279

 

Tungsten

 

Jiangwu H.C. Starck Tungsten Products Co., Ltd.

 

CFSP

280

 

Tungsten

 

Jiangxi Dayu Longxintai Tungsten Co., Ltd.

 

Unknown

281

 

Tungsten

 

Jiangxi Gan Bei Tungsten Co., Ltd.

 

CFSP

282

 

Tungsten

 

Jiangxi Minmetals Gao’an Non-ferrous Metals Co., Ltd.

 

Unknown

283

 

Tungsten

 

Jiangxi Tonggu Non-ferrous Metallurgical & Chemical Co., Ltd.

 

CFSP

284

 

Tungsten

 

Jiangxi Xinsheng Tungsten Industry Co., Ltd.

 

CFSP

285

 

Tungsten

 

Jiangxi Xiushui Xianggan Nonferrous Metals Co., Ltd.

 

CFSP

286

 

Tungsten

 

Jiangxi Yaosheng Tungsten Co., Ltd.

 

CFSP

287

 

Tungsten

 

Kennametal Fallon

 

CFSP

 

10



 

 

 

Metal

 

Smelter/Refiner

 

Certification Status

288

 

Tungsten

 

Kennametal Huntsville

 

CFSP

289

 

Tungsten

 

Malipo Haiyu Tungsten Co., Ltd.

 

CFSP

290

 

Tungsten

 

Moliren Ltd

 

CFSP

291

 

Tungsten

 

Niagara Refining LLC

 

CFSP

292

 

Tungsten

 

Nui Phao H.C. Starck Tungsten Chemicals Manufacturing LLC

 

CFSP

293

 

Tungsten

 

Philippine Chuangxin Industrial Co., Inc.

 

CFSP

294

 

Tungsten

 

South-East Nonferrous Metal Company Limited of Hengyang City

 

CFSP

295

 

Tungsten

 

Tejing (Vietnam) Tungsten Co., Ltd.

 

CFSP

296

 

Tungsten

 

Unecha Refractory Metals Plant

 

CFSP

297

 

Tungsten

 

Vietnam Youngsun Tungsten Industry Co., Ltd.

 

CFSP

298

 

Tungsten

 

Wolfram Bergbau und Hütten AG

 

CFSP

299

 

Tungsten

 

Woltech Korea Co., Ltd.

 

CFSP

300

 

Tungsten

 

Xiamen Tungsten (H.C.) Co., Ltd.

 

CFSP

301

 

Tungsten

 

Xiamen Tungsten Co., Ltd.

 

CFSP

302

 

Tungsten

 

Xinfeng Huarui Tungsten & Molybdenum New Material Co., Ltd.

 

CFSP

303

 

Tungsten

 

Xinhai Rendan Shaoguan Tungsten Co., Ltd.

 

CFSP

 

Certification Status:

 

1.              Conflict-Free Sourcing Initiative’s (CFSI) Conflict-Free Smelter Program (CFSP)

 

·                 CFSP: The smelter is currently certified.

·                 CFSP-Active: The smelter is actively moving through the certification process.

 

2.              Responsible Gold Certificate: London Bullion Market Association (LBMA)

 

·                 LBMA: The smelter has obtained a Responsible Gold Certification.

 

3.              Chain of Custody Certificate: Responsible Jewelry Council (RJC)

 

·                 RJC: The smelter has obtained a Chain-of-Custody Certification.

 

Countries of origin for these SORs are believed to include:

 

Angola

Argentina

Armenia

Australia

Austria

Belarus

Belgium

Bermuda

 

11



 

Bolivia

Brazil

Burundi

Cambodia

Canada

Central African Republic

Chile

China

Colombia

Congo (Brazzaville)

Czech Republic

Djibouti

DRC- Congo (Kinshasa)

Ecuador

Egypt

Estonia

Ethiopia

Finland

France

Germany

Ghana

Guinea

Guyana

Hong Kong

Hungary

India

Indonesia

Ireland

Israel

Italy

Japan

Jersey

Kazakhstan

Kenya

Korea, Republic of

Kyrgyzstan

Laos

Luxembourg

Madagascar

Malaysia

Mali

Mexico

Mongolia

Morocco

Mozambique

Myanmar

Namibia

 

12



 

Netherlands

New Zealand

Niger

Nigeria

Papua New Guinea

Peru

Philippines

Poland

Portugal

Russian Federation

Rwanda

Saudi Arabia

Sierra Leone

Singapore

Slovakia

South Africa

South Sudan

Spain

Suriname

Sweden

Switzerland

Taiwan

Tajikistan

Tanzania

Thailand

Turkey

Uganda

United Arab Emirates

United Kingdom

United States

Uzbekistan

Vietnam

Zambia

Zimbabwe

 

5.                                            Due Diligence Process

 

Helen of Troy’s due diligence process was designed to conform to the Organization for Economic Cooperation and Development (“OECD”) Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas and accompanying Supplements(1). It is important to note that the OECD Guidance

 


(1) OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas, Supplement on Tin, Tantalum and Tungsten and Supplement on Gold, 2013; http://www.oecd.org/daf/inv/mne/GuidanceEdition2.pdf.

 

13



 

was written for both upstream(2) and downstream(3) companies in the supply chain. As Helen of Troy is a downstream company in the supply chain, due diligence practices were tailored accordingly.

 

·                  Step 1- Establish strong company management systems

 

Helen of Troy’s conflict minerals policy is publicly available at www.hotus.com. The Company utilizes an internal team comprised of representatives from the finance, legal and supply chain departments to communicate and manage compliance initiatives.  Team members work with the suppliers on a continual basis to maintain an open dialog and transparency in the procurement process. Findings are reported to senior management, as well as to the internal audit department.  The Company’s internal team efforts are supplemented with a third party service provider’s extensive knowledge and experience, as well as training seminars on conflict minerals.

 

·                  Step 2- Identify and assess risk in the supply chain

 

The Company continues to refine its list of product categories and suppliers that may fall within the scope of the Dodd-Frank Wall Street Reform and Consumer Protection Act.  Expectations with regard to supplier performance, transparency and sourcing are clearly communicated through supplier training.  Quality assessments with suppliers are being expanded to encompass compliance initiatives.  Suppliers are being encouraged to implement conflict mineral policies with their vendors.

 

·                  Step 3- Design and implement a strategy to respond to identified risks

 

Helen of Troy continues to make improvements on risk management.  As RCOI are conducted and additional information becomes available regarding components and materials being used in the Company’s products, potential risks can be tracked and mitigated.  The online platform maintained by SI allows Helen of Troy to access and analyze supplier responses as well as SOR information.  Any suppliers found to be sourcing from SORs that support conflict in the DRC region will be required to explore alternative sources.

 


(2) Upstream companies refer to those between the mine and SORs. As such, the companies typically include miners, local traders, or exporters from the country of mineral origin, international concentrate traders and SORs.

 

(3) Downstream companies refer to those entities between the SORs and the retailer. As such, the companies typically include metal traders and exchanges, component manufacturers, product manufacturers, original equipment manufacturers and retailers.

 

14



 

·                  Step 4- Carry out independent third-party audit of supply chain due diligence at identified points in the supply chain

 

As part of Helen of Troy’s due diligence, and in conjunction with SI, the Company relies upon the following internationally accepted audit standards to determine which SORs are considered DRC Conflict Free:  CFSI, LBMA and RJC.  If the SOR is not certified by these internationally-recognized schemes, attempts are made to contact the SOR to gain more information about their sourcing practices, including countries of origin and transfer, and whether there are any internal due diligence procedures in place or other processes to track the chain-of-custody on the source of the SOR’s mineral ores.  Relevant information to review includes: whether the SOR has a documented, effective and communicated conflict free policy, an accounting system to support a mass balance of materials processed, and traceability documentation.  Internet research is also performed to determine whether there are any outside sources of information regarding the SOR’s sourcing practices.

 

·                  Step 5- Report on supply chain due diligence

 

Helen of Troy reports annually on supply chain due diligence through the Form SD and this CMR filed with the Securities and Exchange Commission.  The Form SD is publicly available at www.hotus.com.

 

6.                                      Steps to Improve Due Diligence

 

Helen of Troy will endeavor to continuously improve upon its supply chain due diligence efforts via the following measures:

 

·                  Continue to assess the presence of 3TG in its supply chain

·                  Clearly communicate expectations with regard to supplier performance, transparency and sourcing

·                  Increase the response rate for the RCOI process

·                  Continue to compare RCOI results to information collected via independent conflict free smelter validation programs

 

7.                                      Product Determination

 

Based on its RCOI process, Helen of Troy is unable to determine whether or not various components/materials, which contribute to products sold by its business segments, are DRC conflict free.

 

8.                                      Independent Private Sector Audit

 

Based on Helen of Troy’s declaration, a private sector audit is not required.

 

15