LIBRA INDUSTRIES POLICY ON CONFLICT MINERALS
LIBRA INDUSTRIES IS COMMITTED TO A SAFE AND ETHICAL SUPPLY CHAIN.
On July 21, 2010, the Dodd-Frank Wall Street Reform and Consumer Protection Act was signed into law. The Dodd-Frank Act and related 2012 U.S. Securities and Exchange Commission rules require certain companies to disclose whether the products they manufacture or contract to manufacture contain Conflict Minerals necessary for the production or the functionality of the products that are sourced from mines in the Democratic Republic of the Congo or adjoining countries. Conflict Minerals are tantalum, tin, tungsten and gold.
Libra Industries is committed to ensuring the health, safety and protection of all those who come into contact with our products and business, and we require high social, environmental and human rights standards among our suppliers. As such, we take careful measures to ensure that all of our materials and supplies are sourced from proper and professional sources and suppliers.
Libra Industries supports the goal of the Dodd-Frank Act of preventing armed groups in the Democratic Republic of the Congo and adjoining countries from benefitting from the sourcing of Conflict Minerals from that region.
Libra Industries has the following expectations of its suppliers:
- Suppliers should not include in any products sold to Libra Industries any Conflict Minerals that are not DRC Conflict Free;
- Suppliers should develop Conflict Minerals policies, due diligence frameworks, and management systems that are designed to prevent Conflict Minerals that are not DRC Conflict Free from being included in the products sold to Libra Industries; and
- Libra Industries’ suppliers are expected to source Conflict Minerals only from sources that are DRC Conflict Free.
* Products are “DRC Conflict Free” if they contain only Conflict Minerals that did not originate in the DRC or an adjoining country, are from recycled or scrap sources, or have not benefitted the armed groups identified as perpetrators of the abuses that are the subject of the Dodd-Frank Act.