A responsible supply chain is core to our values
Beyond meeting the highest requirements our customers need, we have stringent social and environmental requirements, including screening and auditing for human trafficking, child and forced labor, human rights, and workplace safety.
Our global supply chain network requires compliance standards are adhered to worldwide, and it starts with supplier pre-selection and onboarding. We work with our suppliers through contractual agreements, which include adherence to our Global Supplier Code of Conduct, the Responsible Business Alliance (RBA) Code of Conduct, and compliance with all applicable laws and regulations. Together, we hold ourselves and our suppliers accountable to promote responsible and ethical operations and management regarding human rights, supplier diversity, environmental impact, and mineral sourcing. We participate in the Silicon Valley Conflict Mineral & Human Trafficking forum, contributing to the collective effort to address these urgent issues.
Supplier code of conduct
Our proven delivery performance is achieved with ethical supplier management and business operations. Every Lam direct material supplier is contractually obligated to comply to our Supplier Code of Conduct, which is communicated through the MyLam® portal and subject to regular internal reviews by our Supply Chain Management team. In addition, the Supplier Code of Conduct is translated into several languages and posted on our website.
Open and honest communication is one of our Core Values and is our standard practice. We encourage our employees, suppliers, and other non-Lam employees to help us proactively recognize Ethics and Compliance related issues through asking questions, expressing concerns, making disclosures or filing reports through channels including the EthicsPoint Helpline.
Responsible Business Alliance
We’re an active member of the Responsible Business Alliance (RBA), and support the following RBA vision and mission:
- Vision: A coalition of companies driving sustainable value for workers, the environment and business throughout the global supply chain.
- Mission: Members, suppliers and stakeholders collaborate to improve working and environmental conditions and business performance through leading standards and practices.
In addition, we are focused on the RBA’s Responsible Mineral Initiative (RMI) and Responsible Labor Initiative (RLI).
To further facilitate progress towards achieving common goals within the industry, Lam actively encourages our suppliers to become RBA (or equivalent) members.
A diverse and inclusive supply chain allows us to provide best-in-class products and services to our customers. We select suppliers who offer goods and services that meet our company’s standards, supplier selection criteria, and customer requirements. We encourage opportunities to do business with diverse companies who meet these needs.
Conflict minerals policy statement
In order to address growing international concern over the violence and human rights abuses that are being fueled by mining operations controlled by armed militias in the Democratic Republic of Congo and neighboring countries (collectively, the “Covered Countries”), the United States has adopted legislation under Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Act”) pertaining to certain “conflict minerals”, including tin, tantalum, tungsten, and gold (and their derivatives). The Act, as implemented by the U.S. Securities and Exchange Commission’s final rules (the “Final Rules”), requires certain public companies whose products contain these “conflict minerals” to make annual disclosures and conduct reasonable due diligence on their supply chains to determine the sources of such conflict minerals.
Lam Research fully supports the intent of Section 1502 of the Act. Lam has a complex supply chain and relies heavily on its partnerships with suppliers to purchase certain products or components from around the world that may include conflict minerals. Like many other companies in the electronics industry, Lam does not directly purchase the conflict minerals contained in its products or have any direct relationship with the mines or smelters that process them. As a result, we have been working closely with our suppliers since late 2012 to determine the sources of any conflict minerals that are contained in our products. Lam takes corporate responsibility seriously, and it is our goal to use in our products only conflict minerals that are sourced responsibly, including any conflict minerals that may be sourced from the Covered Countries.
In support of this policy, Lam Research:
- Complies with its reporting obligations under Section 1502 of the Act, as implemented by the Final Rules
- Exercises due diligence with suppliers consistent with the framework provided by the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict Affected and High-Risk Areas
- Communicates Lam’s expectations for conflict free materials sourcing to suppliers;
Partners with suppliers to provide due diligence information that will assist in responsible sourcing decisions and supply chain transparency
- Continues to monitor and work with customers, suppliers, and industry groups to collaborate on industry-wide solutions that enable companies to make easier transitions towards sourcing conflict minerals that are “DRC conflict free” (as defined in the Final Rules) in the future
Lam’s Form SD filing and relevant Conflict Minerals Reports (if any) can be found here.