ECOBAT Technologies Statement
The California Transparency in Supply Chains Act requires certain companies conducting business in California to provide information regarding their efforts to eradicate slavery and human trafficking from their direct supply chain for tangible goods offered for sale. ECOBAT is committed to ensuring that its supply chain reflects its values and respect for human rights. In furtherance of the goal of ensuring that slavery and human trafficking are not used within its supply chain, ECOBAT has taken the following actions:
ECOBAT is committed to working only with suppliers that do not use any indentured or forced labour, slavery, servitude, or any other methods that could contribute to slavery or human trafficking. Within the terms of supplier agreements and contracts, ECOBAT requires suppliers to verify that they are conducting business and operations in accordance with all applicable federal, state, local, and municipal laws and regulations, including those pertaining to all acceptable labour practices.
Certification and Auditing
ECOBAT's supplier agreements and contracts include provisions confirming that suppliers conduct business and operations in compliance with all applicable laws relating to hiring, wages, hours and conditions of employment, occupational health and safety, and all other labour and workplace laws and regulations. While ECOBAT has not conducted audits of its suppliers, ECOBAT's supplier agreements include ECOBAT's right to conduct compliance audits of its suppliers. ECOBAT also requires that its suppliers certify that they will conduct their activities in compliance with all applicable laws, including those that require them to treat workers fairly, to respect human rights, and to provide safe and healthy work environments.
Internal Standards and Training
ECOBAT employees are required to adhere to all applicable laws and standards and to behave in an ethical manner at all times as a condition of employment. ECOBAT intends to provide company employees with direct responsibility for supply chain management with additional training relating specifically to these issues, including how to mitigate risks within the supply chain. ECOBAT will continue to require supplier certifications to certify compliance with all applicable laws and will maintain business relationships only with companies that do not use any indentured or forced labour, slavery, servitude, or any other methods that could contribute to slavery or human trafficking.
The U.S. Securities and Exchange Commission adopted rules pursuant to §1502 of the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act that establish certain disclosure obligations for US public companies to the extent to which the products they manufacture or contract to manufacture contain certain “Conflict Minerals” including Tantalum, Tin, Tungsten and Gold, sourced from mines in the Democratic Republic of the Congo (DRC) or adjoining countries.
While ECOBAT Technologies Limited (‘’ECOBAT’’) is not a US public company subject to the *SEC Conflict Minerals disclosure rules, ECOBAT and its global subsidiaries take seriously their corporate responsibility to ensure materials used in their products are sourced in an ethical manner. In line with its corporate culture and ethics, ECOBAT at is committed to being a good corporate citizen including ensuring the health, safety and protection of people who come into contact with its products and business, as well as managing its obligations in relation to Conflict Minerals. ECOBAT expects a similar commitment from its global supply chain partners.
After appropriate due diligence, ECOBAT has determined that it currently requires the use of one or more of these listed minerals for the production of some of its products. However, ECOBAT endeavours not to directly purchase any Conflict Minerals that directly or indirectly finance or benefit armed groups in the DRC or adjoining countries.
To this end, ECOBAT requires its direct suppliers to be DRC conflict-free and in addition has implemented internal due diligence measures for conflict-free sourcing including, among other things, the collection of Conflict Minerals due diligence information such as Certificates of Origin, conflict-free minerals supplier declarations or Conflict Minerals compliance policies from its suppliers; maintaining an ECOBAT Group Conflict Minerals policy statement; and maintaining Conflict Minerals sourcing compliance in the ECOBAT Group Purchasing Policy.
Finally, should there be any suspicions that any Conflict Minerals supplier may have sourced or transhipped a supply originating from any of the covered countries, appropriate follow up measures will be taken with the supplier to ensure that such Conflict Minerals did not originate from Conflict Mines.
*Eco-Bat Technologies does not file reports with the SEC under Sections 13(a) or 15(d) of the Exchange Act