An ISO-9001 Registered Company
On August 22, 2012 the Securities and Exchange Commission (SEC) published the regulations implementing the conflict minerals reporting obligations of Section 1502 of the U.S. Dodd-Frank Wall Street Reform Act. Innovasic is executing processes to quickly meet the requirements of these regulations and will be in compliance before the initial reporting date of May 31, 2014. Innovasic is committed to a socially responsible supply chain that, among other requirements, is Conflict Free. To this end, we continue working with our supply chain to strengthen compliance and ensure only “DRC Conflict Free” materials are used.
Innovasic does not purchase tin, tantalum, tungsten or gold (3T&G) directly from smelters or mines. Further, there are many supply chain layers that separate us from the smelters and mines from which these metals are sourced. Consequently, we require our suppliers to determine the sources and conflict status of the 3T&G supplied to Innovasic. More specifically, we require all Innovasic’s suppliers of 3T&G to certify the smelters or mines from which the metals were obtained. Based on the written assurances Innovasic has received from its major suppliers, we have no indication that Innovasic products contain minerals from conflict mines or smelters in and around the Democratic Republic of the Congo.
Please be assured we are focused on providing our customers with an Innovasic conflict mineral declaration and aligning our supply chain with the OECD framework. We understand the importance of this issue and we will continue gathering the information from our supply chain in order to declare an Innovasic Conflict Free Supply Chain.
Innovasic's Conflict Minerals Reporting Template can be obtained here.
Updated September 11th, 2015
If your company requires a signed statement from Innovasic, please contact us as follows:
John Wilson, Operations Manager