13.17.1 - 3-3,14.18.1- 3-3,3-3 - Management of material topics: Child Labor

Describe the actual and potential, negative and positive impacts on the economy, environment, and people, including impacts on their human rights:

Human rights violations may lead to indecent treatment or discrimination towards employees, workers, and other stakeholders - which may contribute to broader systemic economic and social inequities.

References

No references provided

Report whether the organization is involved with the negative impacts through its activities or as a result of its business relationships, and describe the activities or business relationships:

No response provided

References

No references provided

Describe policies or commitments regarding the material topic:

We hold ourselves to high ethical standards and expect our suppliers to do the same. Rambus is a regular member of the Responsible Business Alliance (RBA). In addition, we collaborate with other industry groups, peers, suppliers and other stakeholders to make supply chains across the industry ethical and sustainable. Rambus has adopted a Vendor/Supplier Code of Conduct that is based on the RBA Code of Conduct. The RBA Code is aligned with international norms and standards including the Universal Declaration of Human Rights, ILO International Labour Standards and the OECD Guidelines for Multinational Enterprises. It outlines our standards for labor, health and safety, environment, ethics and management systems. The Rambus Code of Business Conduct and Ethics outlines our expectations for our ethical conduct and these standards extend to our business partners. We further expect that each supplier will, in turn, communicate to their suppliers the same expectations and implement reasonable mechanisms to monitor compliance

References

No references provided

Describe actions taken to manage the topic and related impacts:

We utilize third-party risk analytics to conduct a supply chain risk analysis. Through our annual analysis, we gain deeper insights into inherent geographical risks related to labor, health and safety, environment, business ethics and management systems. We use the results of the analysis to assign risk assessment tools and prioritize suppliers within our audit program.

Based on the results of the risk assessment, Rambus decides which tool will be most effective to evaluate each supplier. For example, we may require an RBA Validated Assessment Program (VAP) onsite audit to learn more about a supplier's practices.

References

No references provided

Report information about tracking of effectiveness of actions taken:

In 2023, audits took place across Greater China, South Korea, and the United States. The average initial RBA VAP audit score for Rambus suppliers in 2023 outperformed the overall RBA average over the same period demonstrating their high standards.  0 nonconformances were found related to young workers. 

References

No references provided

Describe how engagement with stakeholders has informed the actions taken and how it has informed whether the actions have been effective:

Labor -related items across our operations may impact employees, local communities, suppliers and customers. These stakeholders are engaged through multiple channels and their input is integrated into our assessments.

References

No references provided

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