Conflict Minerals Policy Statement
Belt Technologies is committed to complying with the OECD (Organization for Economic Co-operation and Development) Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas, as well as Section 1502 of the Dodd-Frank Act (commonly known as the “Conflict Minerals Rule”), which aims to prevent the use of minerals that directly or indirectly finance or benefit armed groups in the Democratic Republic of the Congo (DRC) or in adjoining countries (“conflict minerals”).
As our core steel products do not contain any such substances, nor are these substances used in our own facility, the conflict mineral ordinances currently are not relevant to our products or practices. If the need arises to order any supplies that may contain conflict minerals, then our policy is as stated.
Belt Technologies and its subsidiaries (BTE) are committed to sourcing components and materials from companies that share our values regarding respect for human rights, integrity, and environmental responsibility.
Belt Technologies requires its suppliers to:
- Perform sufficient due diligence into their respective supply chains to determine whether products sold to us contain tin, tantalum, tungsten, or gold, and, if so, whether and to what extent those metals are sourced from conflict-free smelters.
- Report to Belt Technologies the results of such due diligence to enable Belt Technologies to comply with its legal obligations and policy goals.
- Commit to being or becoming “conflict-free,” so that any such metals are sourced only from conflict-free smelters.