NU SKIN ENTERPRISES, INC.
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(Exact name of registrant as specified in its charter)
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Delaware
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001-12421
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87-0565309
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(State or other jurisdiction of incorporation)
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(Commission File Number)
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(IRS Employer Identification Number)
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75 West Center Street
Provo, Utah 84601
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(Address of principal executive offices and zip code)
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Gregory Belliston, (801) 345-1000
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(Name and telephone number, including area code, of the person to contact in connection with this report)
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☑ |
Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31, 2018.
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Item 1.01
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Conflict Minerals Disclosure and Report
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Item 1.02
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Exhibit
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Item 2.01
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Exhibits
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Conflict Minerals Report as required by Items 1.01 and 1.02 of this Form.
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NU SKIN ENTERPRISES, INC.
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(Registrant)
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Date: May 29, 2019
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/s/ Mark H. Lawrence
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Mark H. Lawrence
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Chief Financial Officer
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1. |
Establish strong company management systems.
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• |
We have adopted a Conflict Minerals Policy and have communicated it to the suppliers of our Covered Products. This policy states the following:
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• |
We established a diligence team to oversee and support a supply-chain survey, perform due diligence and provide periodic updates to our management.
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• |
We sought to enhance transparency with the suppliers of our Covered Products by asking the suppliers to complete the Reporting Template.
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• |
We have established a grievance mechanism; our whistleblower hotline and online whistleblower intake form are available for employees to report behavior that
is illegal, unethical or otherwise in violation of our corporate policies, including our Conflict Minerals Policy.
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• |
We have provided background information and training on the Rule to employees involved in our conflict minerals compliance efforts.
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2. |
Identify and assess risks in the supply chain.
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• |
We obtain information from the suppliers of our Covered Products to seek to verify the country of origin of necessary 3TG Minerals in our supply chain by
asking the suppliers to complete the Reporting Template, which requests this information, and through additional communications with the suppliers regarding the Reporting Template and the Rule.
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• |
We also endeavor to identify the smelters and refiners in our supply chain. We do so by asking our suppliers to complete the Reporting Template, which
requests this information, and through additional communications with the suppliers as needed. We then consider whether the smelters and refiners are in conformance with RMI’s RMAP assessment standards.
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• |
The Reporting Template also requests information about our suppliers’ due diligence measures; the due diligence measures of our suppliers’ upstream suppliers,
smelters and refiners; and the policies and standards our suppliers impose on such upstream suppliers, smelters and refiners.
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• |
We review the information our suppliers provide in the Reporting Template and other communications, and we assess whether the responses raise any potential
risks.
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3. |
Design and implement a strategy to respond to identified risks.
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• |
We advise the appropriate members of management of our findings in the risk assessment. Depending on the severity of the risks, we may advise our senior
management of the findings.
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• |
As provided in our Conflict Minerals Policy, we also reconsider our relationship with suppliers that do not comply with the policy. We assess whether to (a)
continue doing business with such suppliers; (b) temporarily suspend doing business with such suppliers while pursuing ongoing measurable risk mitigation; or (c) disengage with such suppliers after failed attempts at mitigation or where
we deem risk mitigation not feasible or unacceptable. In making this assessment, we consider the amount of leverage we have over upstream suppliers, the feasibility of using a different supplier, and the supplier’s values and standards.
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4. |
Carry out independent third-party audit of supply chain due diligence at
identified points in the supply chain.
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5. |
Report on supply chain due diligence.
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• |
Communicate our Conflict Minerals Policy to the suppliers of our Covered Products; and
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• |
Coordinate with our suppliers to consider alternative component sources if a current source is unable to supply components that are free of 3TG Minerals that
benefit armed groups in the DRC or adjoining countries.
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Mineral
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Smelter/Refiner Name
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Smelter/Refiner
Location
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RMAP
Conformant(1)
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Gold
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Advanced Chemical Company
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United States
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Yes
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Gold
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Aida Chemical Industries Co., Ltd.
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Japan
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Yes
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Gold
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Al Etihad Gold Refinery DMCC
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United Arab Emirates
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Yes
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Gold
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Allgemeine Gold-und Silberscheideanstalt A.G.
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Germany
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Yes
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Gold
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Almalyk Mining and Metallurgical Complex (AMMC)
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Uzbekistan
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Yes
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Gold
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Argor-Heraeus S.A.
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Switzerland
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Yes
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Gold
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Asahi Refining USA Inc.
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United States
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Yes
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Gold
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Asaka Riken Co., Ltd.
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Japan
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Yes
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Gold
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AU Traders and Refiners
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South Africa
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Yes
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Gold
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Bangko Sentral ng Pilipinas (Central Bank of the Philippines)
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Philippines
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Yes
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Gold
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Dowa
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Japan
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Yes
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Gold
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Eco-System Recycling Co., Ltd.
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Japan
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Yes
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Gold
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Heraeus Metals Hong Kong Ltd.
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China
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Yes
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Gold
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Heraeus Precious Metals GmbH & Co. KG
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Germany
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Yes
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Gold
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Inner Mongolia Qiankun Gold and Silver Refinery Share Co., Ltd.
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China
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Yes
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Gold
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Ishifuku Metal Industry Co., Ltd.
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Japan
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Yes
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Gold
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Istanbul Gold Refinery
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Turkey
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Yes
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Gold
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Japan Mint
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Japan
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Yes
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Gold
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Jiangxi Copper Co., Ltd.
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China
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Yes
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Gold
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JSC Uralelectromed
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Russian Federation
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Yes
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Gold
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JX Nippon Mining & Metals Co., Ltd.
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Japan
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Yes
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Gold
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Kojima Chemicals Co., Ltd.
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Japan
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Yes
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Gold
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Korea Zinc Co., Ltd.
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South Korea
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Yes
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Gold
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Kyrgyzaltyn JSC
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Kyrgyzstan
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Yes
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Gold
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LS-NIKKO Copper Inc.
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South Korea
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Yes
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Gold
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Metalor Technologies (Hong Kong) Ltd.
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China
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Yes
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Gold
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Metalor Technologies (Suzhou) Ltd.
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China
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Yes
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Gold
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Metalor Technologies S.A.
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Switzerland
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Yes
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Gold
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Metalor USA Refining Corporation
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United States
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Yes
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Gold
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Metalurgica Met-Mex Penoles S.A. De C.V.
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Mexico
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Yes
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Gold
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Mitsubishi Materials Corporation
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Japan
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Yes
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Gold
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Mitsui Mining and Smelting Co., Ltd.
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Japan
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Yes
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Gold
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MMTC-PAMP India Pvt., Ltd.
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India
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Yes
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Gold
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Nadir Metal Rafineri San. Ve Tic. A.S.
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Turkey
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Yes
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Gold
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OJSC “The Gulidov Krasnoyarsk Non-Ferrous Metals Plant” (OJSC Krastsvetmet)
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Russian Federation
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Yes
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Gold
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OJSC Novosibirsk Refinery
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Russian Federation
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Yes
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Mineral
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Smelter/Refiner Name
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Smelter/Refiner
Location
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RMAP
Conformant(1)
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Gold
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PAMP S.A.
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Switzerland
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Yes
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Gold
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PT Aneka Tambang (Persero) Tbk
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Indonesia
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Yes
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Gold
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PX Precinox S.A.
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Switzerland
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Yes
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Gold
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Republic Metals Corporation
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United States
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No
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Gold
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Royal Canadian Mint
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Canada
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Yes
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Gold
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Shandong Zhaojin Gold & Silver Refinery Co., Ltd.
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China
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Yes
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Gold
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Solar Applied Materials Technology Corp.
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Taiwan
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Yes
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Gold
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Sumitomo Metal Mining Co., Ltd.
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Japan
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Yes
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Gold
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T.C.A S.p.A
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Italy
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Yes
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Gold
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Tanaka Kikinzoku Kogyo K.K.
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Japan
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Yes
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Gold
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The Refinery of Shandong Gold Mining Co., Ltd.
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China
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Yes
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Gold
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Umicore S.A. Business Unit Precious Metals Refining
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Belgium
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Yes
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Gold
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United Precious Metal Refining, Inc.
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United States
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Yes
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Gold
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Western Australian Mint (T/a The Perth Mint)
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Australia
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Yes
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Gold
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Zhongyuan Gold Smelter of Zhongjin Gold Corporation
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China
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Yes
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Tantalum
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Asaka Riken Co., Ltd.
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Japan
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Yes
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Tantalum
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Changsha South Tantalum Niobium Co., Ltd.
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China
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Yes
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Tantalum
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D Block Metals, LLC
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United States
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Yes
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Tantalum
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Exotech Inc.
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United States
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Yes
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Tantalum
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Global Advanced Metals Aizu
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Japan
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Yes
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Tantalum
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Global Advanced Metals Boyertown
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United States
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Yes
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Tantalum
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Guangdong Rising Rare Metals-EO Materials Ltd.
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China
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Yes
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Tantalum
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H.C. Starck Co., Ltd.
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Thailand
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Yes
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Tantalum
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H.C. Starck Hermsdorf GmbH
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Germany
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Yes
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Tantalum
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H.C. Starck Inc.
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United States
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Yes
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Tantalum
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H.C. Starck Ltd.
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Japan
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Yes
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Tantalum
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H.C. Starck Smelting GmbH & Co. KG
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Germany
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Yes
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Tantalum
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H.C. Starck Tantalum and Niobium GmbH
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Germany
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Yes
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Tantalum
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Hengyang King Xing Lifeng New Materials Co., Ltd.
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China
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Yes
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Tantalum
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Jiujiang Janny New Material Co., Ltd.
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China
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Yes
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Tantalum
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LSM Brasil S.A.
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Brazil
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Yes
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Tantalum
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Metallurgical Products India Pvt., Ltd.
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India
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Yes
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Tantalum
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Mitsui Mining and Smelting Co., Ltd.
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Japan
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Yes
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Tantalum
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Ningxia Orient Tantalum Industry Co., Ltd.
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China
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Yes
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Tantalum
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Solikamsk Magnesium Works OAO
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Russian Federation
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Yes
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Tantalum
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Taki Chemical Co., Ltd.
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Japan
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Yes
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Tantalum
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Ulba Metallurgical Plant JSC
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Kazakhstan
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Yes
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Tin
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Alpha
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United States
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Yes
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Tin
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Chenzhou Yunxiang Mining and Metallurgy Co., Ltd.
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China
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Yes
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Mineral
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Smelter/Refiner Name
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Smelter/Refiner
Location
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RMAP
Conformant(1)
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Tin
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China Tin Group Co., Ltd.
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China
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Yes
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Tin
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CNMC (Guangxi) PGMA Co., Ltd.
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China
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No
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Tin
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CV Ayi Jaya
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Indonesia
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Yes
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Tin
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CV United Smelting
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Indonesia
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Yes
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Tin
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CV Venus Inti Perkasa
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Indonesia
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Yes
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Tin
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Dowa
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Japan
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Yes
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Tin
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EM Vinto
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Bolivia
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Yes
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Tin
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Fenix Metals
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Poland
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Yes
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Tin
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Gejiu Non-Ferrous Metal Processing Co., Ltd.
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China
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Yes
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Tin
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Guangdong Hanhe Non-Ferrous Metal Co., Ltd.
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China
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Yes
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Tin
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Malaysia Smelting Corporation (MSC)
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Malaysia
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Yes
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Tin
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Metallo Belgium N.V.
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Belgium
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Yes
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Tin
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Mineracao Taboca S.A.
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Brazil
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Yes
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Tin
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Minsur
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Peru
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Yes
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Tin
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Mitsubishi Materials Corporation
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Japan
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Yes
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Tin
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O.M. Manufacturing (Thailand) Co., Ltd.
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Thailand
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Yes
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Tin
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O.M. Manufacturing Philippines, Inc.
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Philippines
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Yes
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Tin
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Operaciones Metalurgicas S.A.
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Bolivia
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Yes
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Tin
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PT Artha Cipta Langgeng
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Indonesia
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Yes
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Tin
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PT Bangka Prima Tin
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Indonesia
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Yes
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Tin
|
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PT Bangka Tin Industry
|
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Indonesia
|
Yes
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Tin
|
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PT Bukit Timah
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Indonesia
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Yes
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Tin
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PT DS Jaya Abadi
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Indonesia
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Yes
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Tin
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PT Eunindo Usaha Mandiri
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Indonesia
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No
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Tin
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PT Menara Cipta Mulia
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Indonesia
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Yes
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Tin
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PT Mitra Stania Prima
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Indonesia
|
Yes
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Tin
|
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PT Prima Timah Utama
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Indonesia
|
Yes
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Tin
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PT Rajehan Ariq
|
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Indonesia
|
Yes
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Tin
|
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PT Sariwiguna Binasentosa
|
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Indonesia
|
Yes
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Tin
|
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PT Stanindo Inti Perkasa
|
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Indonesia
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Yes
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Tin
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PT Timah Tbk Kundur
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Indonesia
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Yes
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Tin
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PT Timah Tbk Mentok
|
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Indonesia
|
Yes
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Tin
|
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PT Tinindo Inter Nusa
|
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Indonesia
|
Yes
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Tin
|
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Rui Da Hung
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Taiwan
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Yes
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Tin
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Thaisarco
|
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Thailand
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Yes
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Tin
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White Solder Metalurgia e Mineracao Ltda.
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Brazil
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Yes
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Tin
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Yunnan Chengfeng Non-ferrous Metals Co., Ltd.
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China
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Yes
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Tin
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Yunnan Tin Company Limited
|
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China
|
Yes
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Tungsten
|
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A.L.M.T. Corp.
|
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Japan
|
Yes
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Mineral
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|
Smelter/Refiner Name
|
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Smelter/Refiner
Location
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RMAP
Conformant(1)
|
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Tungsten
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|
ACL Metais Eireli
|
|
Brazil
|
Yes
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Tungsten
|
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Asia Tungsten Products Vietnam Ltd.
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Vietnam
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Yes
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Tungsten
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Chenzhou Diamond Tungsten Products Co., Ltd.
|
|
China
|
Yes
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Tungsten
|
|
Chongyi Zhangyuan Tungsten Co., Ltd.
|
|
China
|
Yes
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|
Tungsten
|
|
Ganzhou Huaxing Tungsten Products Co., Ltd.
|
|
China
|
Yes
|
|
Tungsten
|
|
Ganzhou Seadragon W & Mo Co., Ltd.
|
|
China
|
Yes
|
|
Tungsten
|
|
Global Tungsten & Powders Corp.
|
|
United States
|
Yes
|
|
Tungsten
|
|
H.C. Starck Smelting GmbH & Co. KG
|
|
Germany
|
Yes
|
|
Tungsten
|
|
H.C. Starck Tungsten GmbH
|
|
Germany
|
Yes
|
|
Tungsten
|
|
Hunan Chunchang Nonferrous Metals Co., Ltd.
|
|
China
|
Yes
|
|
Tungsten
|
|
Japan New Metals Co., Ltd.
|
|
Japan
|
Yes
|
|
Tungsten
|
|
Jiangxi Xinsheng Tungsten Industry Co., Ltd.
|
|
China
|
Yes
|
|
Tungsten
|
|
Jiangxi Yaosheng Tungsten Co., Ltd.
|
|
China
|
Yes
|
|
Tungsten
|
|
Kennametal Huntsville
|
|
United States
|
Yes
|
|
Tungsten
|
|
Masan Tungsten Chemical LLC (MTC)
|
|
Vietnam
|
Yes
|
|
Tungsten
|
|
Philippine Chuangxin Industrial Co., Inc.
|
|
Philippines
|
Yes
|
|
Tungsten
|
|
Vietnam Youngsun Tungsten Industry Co., Ltd.
|
|
Vietnam
|
No
|
|
Tungsten
|
|
Xiamen Tungsten (H.C.) Co., Ltd.
|
|
China
|
Yes
|
|
Tungsten
|
|
Xiamen Tungsten Co., Ltd.
|
|
China
|
Yes
|
(1) |
The entries in this column indicate whether the smelter or refiner is conformant with RMAP assessment standards, based on a list of RMAP-conformant smelters
and refiners that was downloaded from RMI’s website on May 22, 2019.
|