Our Commitment to Global Corporate Citizenship
The Dodd-Frank Wall Street Reform and Consumer Protection Act was signed into U.S. federal law on July 21, 2010. Section 1502 of the Act defines the reporting obligations for companies that are publicly traded in the US and are governed by the Securities & Exchange Commission (SEC). Section 1502 requires companies that make products for which 3TG minerals (tantalum, tin, tungsten and gold) are necessary to the functionality or production of that product to assess their supply chains and publicly report on the source of these minerals if they are sourced from the Democratic Republic of Congo (DRC) or adjoining country or if they are from recycled or scrap sources.
ILT is a privately held company and thereby not required to file reports with the SEC in compliance with Section 1502 of the Dodd-Frank Act. While we are exempt from this requirement, we do manufacture products for companies that are bound by the SEC requirements regarding Conflict Minerals. Therefore, we are requiring that our suppliers be in compliance with the Dodd-Frank Act concerning the Conflict Minerals Tungsten, Tantalum, Gold, and Tin. Evidence of the origins of sources of any use in any amount of these “Conflict Minerals” in our supplier's product shipped to ILT must be provided.
This inquiry was reasonably designed and was conducted in good faith with an effort to obtain reliable representations indicating smelter or refiner facilities at which its conflict minerals were processed and that those conflict minerals did not originate in the DRC or adjoining country or come from recycled or scrap suppliers. This document declares that some of International Light Technologies products contain one or more conflict minerals and that these minerals are necessary to the functionality of the products manufactured. Based upon the RCOI conducted by ILT, this document declares that all conflict minerals used in ILT products do not originate in the DRC or an adjoining country or come from recycled or scrap supplier. This document certifies that all ILT products are declared “DRC conflict free”. ILT will also request this information from our suppliers annually to assure compliance to this declaration.
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