Fibersystem conflict mineral policy

Committed to responsibility

CONFLICT MINERIAL SOURCING
POLICY of Fibersystem AB

Conflict Minerals have been defined by the Section 1502[1] as various metals such as Tantalum, Tin, Tungsten and Gold or otherwise known as “3TG metals”. The term “3TG” refers to minerals sourced from the Democratic Republic of the Congo or “DRC” and its adjoining countries.

The reason for the term “Conflict Minerals” being used is because of the decade’s long civil war which continues even to this day being waged in the “DRC” and other countries in the locality of the aforementioned part of that world[2].

Since, this conflict is still active to this very day, various groups have been fighting to control or take control of the precious mineral mines and their transit routes for commercial gain which in turn indirectly finance the continuing civil war. Nonetheless, these “Conflict Mineral” make their way to the international market one way or the other.

Fibersystem Ab as a responsible corporate entity have made a commitment of respecting all human dignity and rights of all people regardless of race, religion or creed. As such we have adopted to only use supply chains and “Conflict Mineral” in sourced which are “Conflict Free” located in the aforesaid part of the world. This way we intend to support positive development and responsible mining of the aforementioned minerals which in no way supports the civil war either directly or indirectly.

We also expect our suppliers to be very vigilant in having the appropriate polices and measures in making us assured of a reasonable certainty that any and all so called “Conflict Minerals” provided to us are of the “Conflict Free” nature[3]. Likewise, all our suppliers of such minerals must adhere to and comply to with the Electronic Industry Citizenship Coalition (EICC) Code of Conduct of being a responsible supply chain.

Similarly, we also expect our suppliers to source only from certified conflict – free smelters, as audited by the Conflict-Free Sourcing Initiative’s Conflict-Free Smelters Program. Fibersystem Ab also advise our supplies to take similar measures with their own sub-suppliers to ensure traceability and complete transparency from the mine to the supply chain[4]. We expect our suppliers to provide us with information on their due diligence measure in relation to this matter upon request.

If for any reason we suspect that any of our suppliers in not being vigilant in the aforementioned responsibilities we will cease doing business with them immediately.

 

[1] Dodd-Frank Wall Street Reform and Consumer Protection Act

[2] http://www.bbc.com/news/world-africa-13283212

[3] DRC conflict free “means that a product does not contain conflict minerals necessary to the functionality or production of that product that directly or indirectly finance or benefit armed groups” as defined SEC Rule 13p-1 under the Securities Exchange Act of 1934.

[4] OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas