Declaration regarding Conflict Minerals
According to Article 1502 of the U.S financial regulatory reform bill (Dodd-Frank Wall Street Reform and Consumer Protection Act) enacted on July 21, 2010, listed U.S. companies that require conflict minerals*1 from the Democratic Republic of the Congo (DRC) and adjoining countries for their product functions or production are now obliged to specify and report to the U.S. Securities and Exchange Commission (SEC) whether the said conflict minerals come from the DRC and adjoining countries.
The purpose of Article 1502 of said Act is to prohibit from providing any fund or profit, either directly or indirectly, for militia groups which are involved or will be involved as assailant in the conflict caused serious violation of human rights.
KGKTAPE ADHESIVE PRODUCTS., under its purpose, will aim procurement without being involved in the said conflict. Accordingly, KGKTAPE ADHESIVE PRODUCTS. will request its suppliers to understand it’s procurement policy above and cooperate with the survey on the procurement process, and furthermore to procure minerals from the smelters approved to be compliant with the Conflict-Free CFSI program or other internationally recognized frameworks.
Our policy is not intended at altogether banning the procurement of minerals from the DRC and adjoining countries but to assure sourcing from responsible sources in the region.
We will conduct due diligence on the source and custody chain of minerals in our supply chain to determine supplier compliance and conduct such due diligence based on the Organization for Economic Co-operation and Development (OECD) Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict Affected High-Risk Areas.
The content of survey conducted by KGKTAPE ADHESIVE PRODUCTS.*2 will be disclosed to its customers.
*1) Conflict minerals = tantalum, tin, tungsten, gold or their derivatives
*2) Contents of the survey using the “CFSI Conflict Minerals Report Template”
CFSI: Conflict-Free Sourcing Initiative (An initiative of the EICC and GeSI)
EICC: Electronic Industry Citizenship Coalition
GeSI: Global e-Sustainability Initiative
July, 2017
Seiya Kamoi
Operating Officer and Division Manager of Procurement Division
KGKTAPE ADHESIVE PRODUCTS.
Contact Us
E-mail Adress: tekisei_torihiki@kgktape.com
