Responsible sourcing & responsible and sustainable managment of natural rubber
Minerals originating from conflict-affected areas
On August 22, 2012 the U.S. Securities and Exchange Commission adopted final rules to implement reporting and disclosure requirements related to “Minerais de Conflit” as directed by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.
The rules require disclosure regarding whether certain products contain “conflict minerals” that are necessary to the “functionality or production” of those products.
The term “conflict minerals” refers to gold as well as tin, tantalum, and tungsten (“3T & G”), the derivatives of cassiterite, columbite-tantalite, and wolframite, regardless of where they are sourced, processed or sold.
The intent of these requirements is to further the humanitarian goal of ending violent conflict in the Democratic Republic of the Congo (DRC) and surrounding countries, which has been partially financed by the exploitation and trade of “conflict minerals.”
To comply with these requirements and check the origin of these minerals in our supply chain, we require that some of our suppliers and subcontractors fill in the template “Conflict Minerals Reporting Template” available here and to send it back to your usual contacts within Michelin Group Purchasing Department.
Michelin comply with the requirements of the Dodd-Frank Wall Street Reform, which entered into force in 2010 that requires greater transparency as to the minerals used.
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