Glossary term

risk management plan

EU Conflict Minerals Regulation term for risk management plan.

1 official sourceSingle-source term

What does risk management plan mean?

risk management plan belongs to the EU conflict-minerals due-diligence framework. It should be tied to mineral scope, importer role, smelter/refiner position, conflict-affected or high-risk area context, and OECD-aligned due-diligence evidence rather than treated as a generic sustainability label.

Official definitions by source

EU Conflict Minerals

Regulation (EU) 2017/821 laying down supply chain due diligence obligations for Union importers of tin, tantalum and tungsten, their ores, and gold originating from conflict-affected and high-risk areas

the written response of a Union importer to the identified supply chain risks based on Annex III to the OECD Due Diligence Guidance

Article 2 definitions for EU conflict-minerals due diligence. Source-specific to tin, tantalum, tungsten, their ores, and gold.

Reference: Article 2, point (r)

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Practical application

Implementation records should capture mineral or metal scope, actor role, source location, conflict-affected/high-risk area assessment, chain-of-custody or traceability record, due-diligence scheme or policy, risk-management decision, audit/disclosure evidence, and relevant OECD Guidance link where applicable.

Minespider commentary

For Minespider, conflict-minerals terms should route sourcing claims into auditable objects: mineral/material scope, importer declaration, smelter/refiner identity, custody sequence, area-risk classification, due-diligence policy, grievance/risk records, and recycled-metal or by-product evidence where relevant.

Common confusions

  • Treating conflict-minerals terms as generic ESG due-diligence language outside tin, tantalum, tungsten, ores, and gold scope.
  • Collapsing Union importer, smelter/refiner, and downstream product actors into one responsibility role.
  • Using chain-of-custody or traceability labels without sequence-of-custody and economic-operator evidence.

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