Supply Chain Disclosures
Modern Slavery and Human Trafficking Statement
Balchem is committed to operating with excellence as strong stewards of our stakeholders. The first of Balchem’s core values is to ‘Always do the Right Thing’. This value is manifested through acting with honesty and integrity, while maintaining the highest ethical standards. Balchem is committed to fair employment practices which includes combatting involuntary labor, child labor and human trafficking. We are committed to complying with all applicable employment laws and regulations, including, but not limited to the California Transparency in Supply Chains Act.
All employees are required to abide by Balchem’s Code of Business Conduct and Ethics, which sets clear expectations about ethical behavior and compliance with laws. We facilitate mandatory annual Code of Conduct training and provide multiple ways for employees to ask for help and notify the company of misconduct, including violations of the law or the Code.
Balchem’s suppliers are expected to adhere to our Supplier Code of Conduct which defines our commitment to protecting human rights and ensuring safe work environments throughout our supply chain. Suppliers are required to treat all people with dignity and respect and to ensure that their supply chains are free from discrimination, violence, and unfair labor practices in all locations.
While Balchem chooses to conduct business with ethical suppliers and customers, and issues a Supplier Code of Conduct to communicate our expectations, we do not:
- Engage in verification of product supply chains to evaluate and address risks of human trafficking and slavery,
- Conduct audits of suppliers to evaluate supplier compliance with company standards for trafficking and slavery in supply chains,
- Require direct suppliers to certify that materials incorporated into their products comply with the laws regarding slavery and human trafficking of the country or countries in which they are doing business,
- Maintain internal accountability standards and procedures for employees or contractors failing to meet company standards regarding slavery and human trafficking, or
- Provide employees and management, who have direct responsibility for supply chain management, training on human trafficking and slavery.
Conflict Minerals Statement
This is an official statement of Balchem Corporation and its subsidiaries relative to inquiries on:
- The Dodd-Frank Wall Street Reform and Consumer Protection Act in 2010: Section 1502 – Conflict Minerals (“Dodd-Frank Act”)
- EU Regulation 2017/821 laying down supply chain due diligence obligations for EU importers of tin, tantalum and tungsten, their ores, and gold originating from conflict-affected and high-risk areas
Tin, tantalum, tungsten and gold and the ores from which they are extracted are not necessary to the functionality or production of product manufactured by Balchem Corporation and its subsidiary companies. None of the products we manufacture contain these minerals. Moreover, Balchem does not import such minerals or metals into the European Union.
As such, the reporting requirements of the Dodd-Frank Act and the mandatory supply chain due diligence requirements of Regulation 2017/821 do not apply to Balchem’s operations.