Statement Regarding Conflict Minerals
The funding of certain natural resources in the Democratic Republic of the Congo and its border countries contributes in parts to human rights violations and also to financing of violent conflicts in this region. The United States Congress passed the “Dodd-Frank Wall Street Reform and Consumer Protection Act” (Dodd-Frank Act) in 2010. Section 1502 (Dodd-Frank Act) and SEC implementary regulations (U.S. Securities and Exchange Commission) require companies, which are under SEC supervision, to report whether products produced by these companies (also: assigned production) contain “conflict minerals” that are “necessary for functionality or production”. Tantalum, tin, tungsten (also: mineral ores) and gold are defined as “conflict minerals” that finance conflicts in the Democratic Republic of the Congo and its border countries, according to Dodd-Frank Act.
That’s why Gigler Elektronik needs to submit a report on conflict minerals in order to meet SEC’s demands. Since Gigler Elektronik is globally operating we want to take over responsibility and avoid to purchase material that contains “conflict material”.
Therefore, we only order no-conflict-material from our suppliers. Moreover, we operate environmentally aware and responsibly and also fight for standards (social, labour) and human rights. However, we cannot guarantee 100% no-conflict-material production – despite all caution. We assure that we mostly do not use “conflict material”.