On August 22, 2012, the U.S. Securities and Exchange Commission (“SEC”) issued the final conflict minerals rule under Section 1502 the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Conflict Minerals Rule”). The Conflict Minerals Rule requires publicly traded companies to report annually the presence of conflict minerals (tin, tungsten, tantalum and gold, or “3TG”) originating in the Democratic Republic of the Congo or adjoining countries.
As a socially responsible company, Akribis supports the goal of ending violence, human rights violations and atrocities in Central Africa (the Democratic Republic of Congo (DRC) and nine adjoining countries (“Covered Countries”): Republic of Congo, Central Africa Republic, South Sudan, Zambia, Angola, Tanzania, Burundi, Rwanda and Uganda).
Akribis requires all of our suppliers to adopt policies and management systems with respect to conflict minerals and to require their suppliers to adopt similar policies and systems. Suppliers are to establish their own due diligence frameworks to ensure conflict-free supply chains and provide us with completed conflict minerals declarations using the EICC/GeSI Conflict Minerals Reporting Template.
Akribis will assist its customers to fulfill their legal obligations under the conflict minerals rule. We strive to work cooperatively with our customers and supply chain partners in implementing conflict minerals compliance programs.
© AKRIBIS SYSTEMS 2023