Conflict Minerals
Trasma S.p.A. is aware of and concerned by reports that profits from the sale of certain metals mined in the Democratic Republic of the Congo (DRC) or adjoining countries have helped fuel war and human rights violations in the eastern Congo. Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act imposes new supply chain reporting requirements on U.S. publicly traded companies to promote transparency and consumer awareness regarding the use of “conflict minerals” (tantalum, tin, gold and tungsten, or “3TG”) that directly or indirectly finance or benefit armed groups in that region.
Trasma, use tin in the manufacturing of its products as it is required for the functional performance of the products. Trasma does not purchase these metals directly from smelters or mines, so we must rely on the source information provided by our suppliers. Trasma is working closely with our direct suppliers to trace newly mined minerals back to their origin in order to ensure responsible sourcing. As tracing methods evolve, we intend to incorporate appropriate proven methods in our program.
Trasma has begun requiring that suppliers of tin submit this information to Trasma using the standardized EICC/GeSI Conflict Minerals Reporting Template that traces the metals back through the supply chain.
Trasma expects our suppliers to take similar measures with their suppliers to ensure alignment throughout the supply chain.