Altenburger Technologies GmbH is not listed on any U.S. stock exchange and thus not under an obligation to respond to the SEC requirements published in August 2012 and to issue a Conflict Minerals Report. Nevertheless, Altenburger Technologies GmbH continues to exercise its duty of care within the supply chain.
Altenburger Technologies GmbH Policy on Conflict Minerals
In August 2012, the United States Securities and Exchange Commission (“SEC”) issued its final rules regarding “Conflict Minerals” (known as ‘3TG’ – Tantalum, Tin, Tungsten and Gold) as defined in and required by section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Act”). As a result, many companies are now focusing on whether and to what extent their products contain Conflict Minerals and whether such Conflict Minerals come from the Democratic Republic of Congo and the adjoining countries named in the Act.
We are committed to ensuring the health, safety and protection of people who come into contact with our products and business, and we require high social, environmental and human rights standards among our suppliers. Managing our obligations in relation to Conflict Minerals is a part of this corporate responsibility.
Altenburger Technologies GmbH commitments
We are working towards ensuring that our products do not contain Conflict Minerals that have been sourced from mines that support or fund conflict within the Democratic Republic of Congo or adjoining countries. Therefore we are committed to:
- identifying which products are impacted and targeting our efforts accordingly
- not buying products and materials containing Conflict Minerals directly from Conflict Mines
- asking our suppliers to work towards ensuring that any Conflict Minerals contained in the products and materials supplied to Altenburger Electronic GmbH originate from Conflict Free sources
- contributing to conflict-free trade by encouraging our suppliers not to discriminate against legitimate sources of Conflict Minerals
In addition, we are committed to engaging with our customers regarding their disclosure obligations.
Altenburger Electronic GmbH measures
In working towards these commitments, we have taken a number of steps that include:
- establishing a “Conflict Minerals Compliance Program” to review the use of Conflict Minerals in our products.
- requiring our suppliers to implement a policy regarding Conflict Minerals and exercise due diligence to investigate the source of these minerals.