Conflict Minerals Policy Statement
Able Systems Limited is concerned by reports that profits from the sale of certain minerals mined in the Democratic Republic of the Congo (DRC) or adjoining countries has helped fund war and human rights violations in the eastern Congo.
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 requires publicly traded companies to report annually the presence of conflict minerals (tantalum, tin, tungsten and gold, or “3TG”) originating in the Democratic Republic of the Congo or adjoining countries (“Covered Countries”).
Able supports the goal of ending violence, human rights violations and environmental devastation in the Covered Countries and is committed to complying with all requirements applicable to our company under the Conflict Mineral Rule.
Able will assist our customers in implementing their conflict minerals programs. We strive to work cooperatively with our customers and supply chain partners in implementing conflict minerals compliance programs.
Able requires that suppliers whose products contain tantalum, tin, tungsten and gold submit this information to us using the standardised EICC/GeSI Conflict Minerals Reporting Template which traces the minerals back through the supply chain. Able also supports industry initiatives such as the Conflict Free Smelter (CFS) program to validate responsible and sustainable sources. Our objective is to implement a conflict-free supply chain and should we become aware of a supplier whose supply chain includes minerals from a conflict source, Able will take appropriate actions to remedy the situation in a timely manner, including reassessment of supplier relationships, to achieve that objective. Able expects our suppliers to take similar measures with their suppliers to ensure alignment throughout the supply chain.
Quality Manager – Able Systems Limited
07 February 2017