Aurubis, one of the world’s leading providers of non-ferrous metals and a key global recycler of copper, has once again underscored its commitment to ethical business practices with the release of its Modern Slavery and Human Trafficking Statement for 2024. The German-based company, headquartered in Hamburg, has taken significant steps to strengthen its supply chain transparency and align its operations with international human rights standards.
The statement, published in line with the UK Modern Slavery Act 2015, details how Aurubis is actively working to ensure that no forced labor, human trafficking, or exploitative practices are present in its global operations or within its extensive supply chains.
Strengthening Human Rights in the Supply Chain
As a multinational group operating in more than 20 countries, Aurubis relies on a complex network of suppliers. With the demand for responsibly sourced copper and other non-ferrous metals rising, the company has placed increasing emphasis on human rights due diligence.
According to its latest report, Aurubis integrates the United Nations Guiding Principles on Business and Human Rights into its policies and processes. Suppliers are now required to comply with strict contractual obligations, including regular audits, compliance checks, and risk assessments. The company also works closely with initiatives such as the Copper Mark, a globally recognized assurance framework for responsible production, to reinforce its sustainability efforts.
Tackling Modern Slavery Risks
Modern slavery and human trafficking remain pressing global issues, particularly in industries linked to raw material extraction. Aurubis acknowledges these risks and highlights targeted measures to mitigate them. These include:
- Conducting risk-based supplier assessments
- Implementing grievance mechanisms for workers across the supply chain
- Training employees and procurement teams to recognize warning signs of modern slavery
- Publishing transparent reports to maintain accountability
By embedding these practices, Aurubis aims to safeguard vulnerable communities while meeting the growing expectations of regulators, investors, and customers.
ESG and Global Recognition
The Aurubis statement is not just a compliance measure but also a reflection of its broader environmental, social, and governance (ESG) strategy. The company consistently reports on its progress through sustainability disclosures, equality reports, and CDP questionnaires on climate change and water security.
Its commitment to ethical sourcing and labor rights has earned Aurubis recognition among ESG investors and industry watchdogs. By taking a proactive approach, the company positions itself as a responsible leader in the metals industry, setting benchmarks for others to follow.
Why This Matters Now
The release of the 2024 Aurubis Modern Slavery and Human Trafficking Statement comes at a crucial time. Governments worldwide are tightening regulations on supply chain due diligence. In Europe, new legislative frameworks are emerging to hold companies accountable for human rights violations linked to their operations abroad.
For consumers and stakeholders, this transparency matters. Today’s markets demand not just efficiency and profitability but also ethical responsibility. By taking a strong stance, Aurubis demonstrates that economic growth and human rights protection can go hand in hand.
Looking Ahead
As sustainability and corporate responsibility continue to shape global business practices, Aurubis has made it clear that it intends to remain at the forefront of ethical transformation in the metals industry. The company’s roadmap includes expanding supplier audits, strengthening cross-industry collaborations, and promoting greater awareness of modern slavery risks across its workforce.
This long-term vision not only protects those most vulnerable to exploitation but also strengthens Aurubis’ reputation as a sustainable and socially responsible enterprise.
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