Conflict-Free Minerals Policy
Section 1502 of the Dodd Frank Act, signed into law on July 21, 2010 states, It is the sense of Congress that the exploitation and trade of conflict minerals originating in the Democratic Republic of the Congo (DRC) is helping to finance conflict characterized by extreme levels of violence in the eastern Democratic Republic of the Congo. The Act went on to amend Section 13 of the Securities Exchange Act of 1934 (15 U.S.C. 78m) to require companies to report the use of conflict minerals from the DRC and adjoining countries. The Securities and Exchange Commission issued the final Conflict Minerals reporting rule on August 22, 2012. The conflict minerals defined therein include the metal Tin (Sn), which Eminence uses as a component of solder and as a plating for brass components in some of its products, as well as Tantalum (Ta), Tungsten (W), and Gold (Au). While Eminence is not a publicly held company and is therefore not directly subject to the rule, many of our customers are, and we are proud to support them in addressing this conflict.
- Eminence will continue to make all reasonable efforts within our supply chain to assure that minerals sourced from the Conflict Region are Conflict free.
- Suppliers are expected to ensure the parts and products supplied to Eminence Speaker, LLC are DRC conflict-free (do not contain metals derived from conflict minerals; columbite-tantalite (tantalum), cassiterite (tin), gold, wolframite (tungsten), or their derivatives such that they directly or indirectly finance or benefit armed groups through mining or mineral trading in the Democratic Republic of the Congo or an adjoining country).
- Suppliers are to establish policies, due diligence frameworks, and management systems, consistent with the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict Affected and High Risk Areas, that are designed to accomplish this goal.
- Eminence is committed to sourcing responsibly and considers mining activities that fuel conflict as unacceptable.
- Eminences efforts related to conflict minerals are aligned to the work of the Electronic Industry Citizenship Coalition (EICC ) and Global e-Sustainability Initiative (GeSI). The EICCs and GeSIs work includes the Conflict-Free Smelter Program and the Conflict Minerals Reporting Template (Template).