Conflict Minerals Policy
The final rule regarding the sourcing of conflict minerals under Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act ("the Dodd-Frank Act") was approved by the U.S. Securities and Exchange Commission ("SEC") and will implement the statute's objective of reducing funds used by armed groups that abuse human rights in the Democratic Republic of the Congo (DRC) and adjoining countries ("Covered Countries").
As a result, SGI and other companies are required to publicly disclose the use of conflict minerals from "Covered Countries" in the products we manufacture or contract to have manufactured if the conflict minerals are necessary to the functionality or production of the product.
SGI is committed to taking the necessary steps to comply with the rule and legislation and is implementing a due-diligence process to meet our obligations. SGI's goal is to eliminate conflict minerals from Covered Countries in its products and SGI supports its suppliers in seeking a mutually sustainable solution for its entire supply chain, including its indirect suppliers, by providing educational materials, guidance and a supplier portal for the submission of conflict minerals information.
SGI's first report will be filed with the SEC by June 2, 2014 for the 2013 calendar year and annually thereafter as required by law.
For more details, please see the SEC Conflicts Minerals Rule announcement.