As a truly global company, active in 180 countries, we work hard to uphold the same standards of ethics and conduct wherever we do business.
Many countries struggle with corruption, labor issues and human rights abuses. Environmental standards and legal frameworks also vary widely from one country to another. These issues may arise for a number of reasons, such as the quality of infrastructure, legislation or business practices. This risk is even higher in conflict zones, where there is little or no rule of law.
Atlas Copco is continually strengthening its business practices in these markets through dialogue aimed at understanding and reducing the risks involved. We believe that we can have a positive impact. Together with our partners and other stakeholders, we monitor developments and look for ways to improve the situation.
Responsible sourcing of minerals is essential to Atlas Copco and though we do not procure directly from smelters; some parts of our supply chain do. To ensure responsible sourcing of minerals, we have a comprehensive program to investigate the possible use of conflict minerals included in components used in Atlas Copco products. We are members of the Responsible Minerals Initiative (RMI) and follow its guidelines by encouraging suppliers to source from smelters verified by a third party, commit to transparency and collaborate with stakeholders.
Customers with conflict minerals disclosure requests should contact their nearest Atlas Copco Customer center.
We follow laws and regulations as applicable to us. Additionally, the Atlas Copco Group has made the following principle decisions as listed below.
Atlas Copco has banned sales to and has no operational sites or employees in Iran. Previous to May 2018, certain limited sales were made in accordance with international agreements and sanctions.
Atlas Copco has no operational sites or employees in Cuba and conducts limited indirect sales there via its non-U.S. entities.
Atlas Copco has banned sales to and has no operational sites or employees in DPRK.
Atlas Copco has banned sales to and has no operational sites or employees in Syria.