Dealing with conflict minerals
Some minerals originated in Democratic Republic of the Congo (DRC) and adjoining countries are the financial sources of armed groups and anti-government organizations. They enhance the conflicts and are related to serious human rights abuses, child labor, forced labor and environmental destruction.
Those minerals produced in these areas (tin, tantalum, tungsten, gold, cobalt, and mica), that are supporting above mentioned groups are called Conflict Minerals.
With the aim of cutting off the funding sources of the above forces, the United States enacted Section 1502 of the Financial Regulatory Reform Act (Dodd-Frank Act) on July 21, 2010, and the companies listed on the U.S. Securities and Exchange Commission (SEC) are required to disclose and report on the use of conflict minerals such as tin, tantalum, tungsten, and gold called 3TG in their products. In Europe, the EU Conflict Minerals Regulation has been fully applied from January 2021, and the disclosure and reporting of the usage status of 3TG is also required.
Considering the purpose of the law, Electronics Division has determined not to use conflict minerals related to these groups, and addressing in accordance with the OECD Due Diligence Guidance.
We work with our business partners to ensure transparency in our supply chain and promote initiatives that will not become a source of funding for armed groups in conflict-affected and high-risk areas.