February 15, 2013 – February 22, 2013
The summaries provided in this Weekly Recap do not necessarily represent the views of Squire Sanders (US) LLP and should not be deemed to be endorsements of them. The Recap is intended to be a compilation of articles and events to encourage discussion within the conflict minerals community and to keep our readers updated on the most recent developments.
CTS Corporation – Conflict Minerals Policy
CTS Corporation, a global leader in the design and manufacturing of a diverse array of electronic components, sensors and actuators, recently released its conflict minerals policy. Excerpts from its conflict minerals policy follow. “CTS intends to adopt standards in line with the OECD Standard of Diligence, or other similar standard, regarding our process to obtain chain of custody declarations from all CTS sourced and managed suppliers ensuring transparency in our supply chain. In addition, suppliers who are non-compliant with the [Dodd-Frank regulation] shall be reviewed by our purchasing managers for future business.”
For CTS Corporation’s complete conflict minerals policy, please see CTS Corporation Conflict Minerals Policy.
Conflict Minerals Highlighted in Apple’s Supplier Responsibility Progress Report for 2013
In Apple’s latest Supplier Responsibility Progress Report for 2013 it states that “Apple is committed to using conflict-free minerals.” Apple highlights that as of December 2012, Apple suppliers have used 211 smelters, all of which have been verified as conflict-free according to the EICC Standard Smelter names. Apple notes that it “will continue to work to certify qualified smelters, and we’ll require our suppliers to move their sourcing of tin, tungsten, and gold to certified conflict-free sources as smelters become certified.”
To read the full report, please see page 21 of Apple’s 2013 Supplier Responsibility Progress Report.
NXP Semiconductors – Conflict Minerals Policy
NXP Semiconductors N.V., a global semiconductor company with operations in more than 25 countries, released its conflict minerals policy. Excerpts from its conflict minerals policy follow. “NXP is committed to using conflict-free minerals in its products and complying with the conflict minerals diligence and reporting obligations required under [Section 1502 of the Dodd-Frank Act]. NXP suppliers shall have a policy to reasonably assure that the tantalum, tin, tungsten and gold in the products they manufacture do not directly or indirectly finance or benefit armed groups that are perpetrators of serious human rights abuses in the Democratic Republic of Congo or an adjoining country. NXP has either obtained, or is in the process of obtaining, information from suppliers concerning the origin of the metals that are used in the manufacture of NXP’s products. Based upon information provided by our suppliers, NXP does not knowingly use metals derived from the Conflict Region.”
To read NXP Semiconductors’ complete statement on conflict minerals, please see NXP Semiconductors’ Statement on Conflict Minerals.
Peace Deal Inked for Eastern Democratic Republic of Congo
Leaders from eleven countries in the African Great Lakes region signed an accord, agreeing that they will not interfere with each other’s affairs. African countries in the region have been accused of supporting rebel groups who, through armed-conflict, extract conflict minerals from conflict-mineral rich areas in the Democratic Republic of Congo. African leaders are optimistic and believe that this accord is the first step in achieving peace in the region, but it remains to be seen how successful the accord will be. We will keep you updated with any further developments.
To read more, please see Regional Leaders Sign Peace Deal for Eastern DR Congo.